Broad money (current LCU), annual growth rate in Somalia
Somalia: Broad money (current LCU), annual growth rate was 162.81 % change on previous year in 1989. ◆ Volatile
Broad money (current LCU), annual growth rate in Somalia, 1961–1989
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Somalia recorded 162.81 % change on previous year for broad money (current lcu), annual growth rate in 1989. That is the highest value across all 29 years on record.
The figure is up 184.5% on the previous year and up 335.0% over ten years.
Over the whole period, broad money (current lcu), annual growth rate in Somalia peaked at 162.81 % change on previous year in 1989 and was at its lowest, -15.97 % change on previous year, in 1971.
Somalia ranks 2nd of 166 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (current LCU), annual growth rate in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 57.48 % change on previous year | — |
| 1962 | 10.98 % change on previous year | -80.9% |
| 1963 | 18.82 % change on previous year | +71.4% |
| 1964 | 0.8551 % change on previous year | -95.5% |
| 1965 | -2.05 % change on previous year | -340.1% |
| 1966 | 5.83 % change on previous year | -384.1% |
| 1967 | 15.31 % change on previous year | +162.6% |
| 1968 | 12.68 % change on previous year | -17.2% |
| 1969 | 8.44 % change on previous year | -33.4% |
| 1970 | 42.22 % change on previous year | +400.1% |
| 1971 | -15.97 % change on previous year | -137.8% |
| 1972 | 32.37 % change on previous year | -302.7% |
| 1973 | 17.46 % change on previous year | -46.0% |
| 1974 | 28.73 % change on previous year | +64.5% |
| 1975 | 28.38 % change on previous year | -1.2% |
| 1976 | 19.38 % change on previous year | -31.7% |
| 1977 | 28.72 % change on previous year | +48.2% |
| 1978 | 32.52 % change on previous year | +13.2% |
| 1979 | 37.43 % change on previous year | +15.1% |
| 1980 | 20.2 % change on previous year | -46.0% |
| 1981 | 30.76 % change on previous year | +52.3% |
| 1982 | 15.72 % change on previous year | -48.9% |
| 1983 | 7.52 % change on previous year | -52.1% |
| 1984 | 26.05 % change on previous year | +246.2% |
| 1985 | 81.11 % change on previous year | +211.4% |
| 1986 | 34.05 % change on previous year | -58.0% |
| 1987 | 127.12 % change on previous year | +273.3% |
| 1988 | 57.23 % change on previous year | -55.0% |
| 1989 | 162.81 % change on previous year | +184.5% |
Somalia compared with similar countries
- Somalia's 162.81 % change on previous year is above the median for low income countries, which is 13.84 % change on previous year, 11.8× the median. (24 countries reporting)
- Somalia's 162.81 % change on previous year is above the median for Sub-Saharan Africa, which is 13.12 % change on previous year, 12.4× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.26 % change on previous year | -2.05 % change on previous year | 57.48 % change on previous year | 9 |
| 1970s | 25.12 % change on previous year | -15.97 % change on previous year | 42.22 % change on previous year | 10 |
| 1980s | 56.26 % change on previous year | 7.52 % change on previous year | 162.81 % change on previous year | 10 |
Countries ranked near Somalia
More financial sector data for Somalia
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1977)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1977)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1977)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1977)
Frequently asked questions
- What is broad money (current lcu), annual growth rate in Somalia?
- Broad money (current lcu), annual growth rate in Somalia was 162.81 % change on previous year in 1989, according to Statizoid (derived).
- What is the highest broad money (current lcu), annual growth rate recorded in Somalia?
- The highest recorded value was 162.81 % change on previous year in 1989.
- What is the lowest broad money (current lcu), annual growth rate recorded in Somalia?
- The lowest recorded value was -15.97 % change on previous year in 1971.
- How does Somalia rank for broad money (current lcu), annual growth rate?
- Somalia ranks 2nd out of 166 countries with data for 1989.
- Is broad money (current lcu), annual growth rate rising or falling in Somalia?
- Over the last ten years it is up 335.0%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Broad money (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.