Rwanda vs Somalia: Broad money
Broad money over time
- Rwanda
- Somalia
How they compare
Somalia currently reports 26.1% against 26.1% in Rwanda, a difference of 0.0%.
The two have swapped places 5 times across 26 shared years of data; in 1964 it was Rwanda ahead.
Rwanda ranks 151st and Somalia ranks 150th of 167 countries.
Somalia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Rwanda | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 13.2% | 13.8% | 0.6% | Somalia |
| 1970s | 14.0% | 21.5% | 7.5% | Somalia |
| 1980s | 14.3% | 18.2% | 3.9% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Rwanda or Somalia?
- Somalia, at 26.1% against 26.1% in Rwanda as of 1989.
- What is the difference in broad money between Rwanda and Somalia?
- 0.0%, with Somalia ahead.
- How many years of comparable data are there for Rwanda and Somalia?
- 26 years are reported by both, from 1964 to 1989.
- How do Rwanda and Somalia rank globally for broad money?
- Rwanda ranks 151st and Somalia ranks 150th of 167 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.