Somalia vs Tanzania, United Republic of: Broad money
Broad money over time
- Somalia
- Tanzania, United Republic of
How they compare
Somalia currently reports 26.1% against 23.4% in Tanzania, United Republic of, a difference of 2.7%.
That makes Somalia's figure about 1.1 times Tanzania, United Republic of's.
The two have swapped places 2 times across 24 shared years of data; in 1966 it was Somalia ahead.
Somalia ranks 150th and Tanzania, United Republic of ranks 153rd of 167 countries.
Somalia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Somalia | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 14.1% | 4.9% | 9.2% | Somalia |
| 1970s | 21.5% | 13.0% | 8.5% | Somalia |
| 1980s | 18.2% | 15.8% | 2.5% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Somalia or Tanzania, United Republic of?
- Somalia, at 26.1% against 23.4% in Tanzania, United Republic of as of 1989.
- What is the difference in broad money between Somalia and Tanzania, United Republic of?
- 2.7%, with Somalia ahead.
- How many years of comparable data are there for Somalia and Tanzania, United Republic of?
- 24 years are reported by both, from 1966 to 1989.
- How do Somalia and Tanzania, United Republic of rank globally for broad money?
- Somalia ranks 150th and Tanzania, United Republic of ranks 153rd 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.