Broad money in Somalia
Somalia: Broad money was 157.99 billion current LCU in 1989. ◆ Volatile
Broad money in Somalia, 1960–1989
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 1989, broad money in Somalia stood at 157.99 billion current LCU. That is the highest value across all 30 years on record.
The figure is up 162.8% on the previous year and up 5,516.4% over ten years.
Over the whole period, broad money in Somalia peaked at 157.99 billion current LCU in 1989 and was at its lowest, 107.00 million current LCU, in 1960.
That places Somalia 112th out of 167 countries with data for 1989, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Somalia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 107.00 million current LCU | — |
| 1961 | 168.50 million current LCU | +57.5% |
| 1962 | 187.00 million current LCU | +11.0% |
| 1963 | 222.20 million current LCU | +18.8% |
| 1964 | 224.10 million current LCU | +0.9% |
| 1965 | 219.50 million current LCU | -2.1% |
| 1966 | 232.30 million current LCU | +5.8% |
| 1967 | 267.87 million current LCU | +15.3% |
| 1968 | 301.84 million current LCU | +12.7% |
| 1969 | 327.32 million current LCU | +8.4% |
| 1970 | 465.50 million current LCU | +42.2% |
| 1971 | 391.17 million current LCU | -16.0% |
| 1972 | 517.79 million current LCU | +32.4% |
| 1973 | 608.22 million current LCU | +17.5% |
| 1974 | 782.99 million current LCU | +28.7% |
| 1975 | 1.01 billion current LCU | +28.4% |
| 1976 | 1.20 billion current LCU | +19.4% |
| 1977 | 1.54 billion current LCU | +28.7% |
| 1978 | 2.05 billion current LCU | +32.5% |
| 1979 | 2.81 billion current LCU | +37.4% |
| 1980 | 3.38 billion current LCU | +20.2% |
| 1981 | 4.42 billion current LCU | +30.8% |
| 1982 | 5.12 billion current LCU | +15.7% |
| 1983 | 5.50 billion current LCU | +7.5% |
| 1984 | 6.93 billion current LCU | +26.0% |
| 1985 | 12.56 billion current LCU | +81.1% |
| 1986 | 16.83 billion current LCU | +34.1% |
| 1987 | 38.23 billion current LCU | +127.1% |
| 1988 | 60.11 billion current LCU | +57.2% |
| 1989 | 157.99 billion current LCU | +162.8% |
Somalia compared with similar countries
- Somalia's 157.99 billion current LCU is below the median for low income countries, which is 1.69 trillion current LCU, 9% of the median. (24 countries reporting)
- Somalia's 157.99 billion current LCU is below the median for Sub-Saharan Africa, which is 1.40 trillion current LCU, 11% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Broad money in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +162.8% | 60.11 billion current LCU | 157.99 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 225.76 million current LCU | 107.00 million current LCU | 327.32 million current LCU | 10 |
| 1970s | 1.14 billion current LCU | 391.17 million current LCU | 2.81 billion current LCU | 10 |
| 1980s | 31.11 billion current LCU | 3.38 billion current LCU | 157.99 billion current LCU | 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 in Somalia?
- Broad money in Somalia was 157.99 billion current LCU in 1989, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Somalia?
- The highest recorded value was 157.99 billion current LCU in 1989.
- What is the lowest broad money recorded in Somalia?
- The lowest recorded value was 107.00 million current LCU in 1960.
- How does Somalia rank for broad money?
- Somalia ranks 112th out of 167 countries with data for 1989.
- Is broad money rising or falling in Somalia?
- Over the last ten years it is up 5,516.4%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.