Claims on central government in Somalia
Somalia: Claims on central government was -10.1% in 1989. ◆ Volatile
Claims on central government in Somalia, 1961–1989
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
The most recent figure for claims on central government in Somalia is -10.1%, measured in 1989.
That represents a change of down 165.7% on the previous year and down 122.4% over ten years.
Over the whole period, claims on central government in Somalia peaked at 48.6% in 1987 and was at its lowest, -24.2%, in 1975.
That places Somalia 162nd out of 167 countries with data for 1989, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on central government in Somalia, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 1961 | -4.3% | — |
| 1962 | 4.3% | -199.4% |
| 1963 | 15.7% | +266.8% |
| 1964 | 3.8% | -75.6% |
| 1965 | -2.6% | -169.1% |
| 1966 | 4.9% | -284.6% |
| 1967 | 14.5% | +197.3% |
| 1968 | -7.7% | -152.8% |
| 1969 | -0.7% | -90.8% |
| 1970 | -0.2% | -71.6% |
| 1971 | -6.5% | +3112.1% |
| 1972 | -13.5% | +107.8% |
| 1973 | -4.0% | -70.1% |
| 1974 | -0.5% | -88.4% |
| 1975 | -24.2% | +5087.5% |
| 1976 | 36.1% | -248.9% |
| 1977 | -18.5% | -151.3% |
| 1978 | 26.5% | -243.0% |
| 1979 | 45.0% | +69.8% |
| 1980 | 23.9% | -46.9% |
| 1981 | 10.3% | -56.9% |
| 1982 | -3.4% | -132.9% |
| 1983 | -5.8% | +70.5% |
| 1984 | 46.8% | -911.1% |
| 1985 | 15.1% | -67.8% |
| 1986 | 5.2% | -65.4% |
| 1987 | 48.6% | +832.9% |
| 1988 | 15.3% | -68.4% |
| 1989 | -10.1% | -165.7% |
Somalia compared with similar countries
- Somalia's -10.1% is below the median for low income countries, which is 6.6%. (24 countries reporting)
- Somalia's -10.1% is below the median for Sub-Saharan Africa, which is 4.7%. (48 countries reporting)
Biggest year-on-year movements
Years where Claims on central government 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 |
|---|---|---|---|
| 1975 | -5087.5% | -0.5% | -24.2% |
| 1971 | -3112.1% | -0.2% | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.1% | -7.7% | 15.7% | 9 |
| 1970s | 4.0% | -24.2% | 45.0% | 10 |
| 1980s | 14.6% | -10.1% | 48.6% | 10 |
Countries ranked near Somalia
- 159 Ukraine -6.6%
- 160 Mauritania -7.0% compare
- 161 Mongolia -7.7%
- 163 Montenegro -10.7%
- 164 Nicaragua -12.6% compare
- 165 Timor-Leste -14.9%
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 claims on central government in Somalia?
- Claims on central government in Somalia was -10.1% in 1989, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government recorded in Somalia?
- The highest recorded value was 48.6% in 1987.
- What is the lowest claims on central government recorded in Somalia?
- The lowest recorded value was -24.2% in 1975.
- How does Somalia rank for claims on central government?
- Somalia ranks 162nd out of 167 countries with data for 1989.
- Is claims on central government rising or falling in Somalia?
- Over the last ten years it is down 122.4%. 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 Claims on central government (annual growth as % of broad money). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. 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 represents the annual percentage growth in the ratio of claims to broad money.