Claims on private sector in Somalia
Somalia: Claims on private sector was 100.1% in 1989. ◆ Volatile
Claims on private sector in Somalia, 1961–1989
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
Somalia recorded 100.1% for claims on private sector in 1989. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 247.0% on the previous year and up 4,205.5% over ten years.
Over the whole period, claims on private sector in Somalia peaked at 100.1% in 1989 and was at its lowest, -51.2%, in 1975.
Somalia ranks 2nd of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on private sector in Somalia, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 1961 | 10.1% | — |
| 1962 | 17.5% | +73.5% |
| 1963 | 7.4% | -57.8% |
| 1964 | 26.2% | +254.9% |
| 1965 | 13.3% | -49.2% |
| 1966 | 1.3% | -90.4% |
| 1967 | 4.1% | +220.6% |
| 1968 | 9.9% | +142.8% |
| 1969 | 7.2% | -27.6% |
| 1970 | 19.4% | +169.8% |
| 1971 | -9.4% | -148.3% |
| 1972 | 15.7% | -268.0% |
| 1973 | 59.4% | +277.8% |
| 1974 | 48.1% | -19.0% |
| 1975 | -51.2% | -206.3% |
| 1976 | -16.8% | -67.1% |
| 1977 | 2.4% | -114.5% |
| 1978 | 1.7% | -28.5% |
| 1979 | 2.3% | +33.2% |
| 1980 | -0.8% | -136.1% |
| 1981 | 4.4% | -623.8% |
| 1982 | 23.7% | +440.2% |
| 1983 | 13.1% | -44.9% |
| 1984 | 26.1% | +99.3% |
| 1985 | 4.3% | -83.5% |
| 1986 | 0.6% | -87.0% |
| 1987 | 86.2% | +15371.8% |
| 1988 | 28.8% | -66.6% |
| 1989 | 100.1% | +247.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.8% | 1.3% | 26.2% | 9 |
| 1970s | 7.2% | -51.2% | 59.4% | 10 |
| 1980s | 28.6% | -0.8% | 100.1% | 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 claims on private sector in Somalia?
- Claims on private sector in Somalia was 100.1% in 1989, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on private sector recorded in Somalia?
- The highest recorded value was 100.1% in 1989.
- What is the lowest claims on private sector recorded in Somalia?
- The lowest recorded value was -51.2% in 1975.
- How does Somalia rank for claims on private sector?
- Somalia ranks 2nd out of 167 countries with data for 1989.
- Is claims on private sector rising or falling in Somalia?
- Over the last ten years it is up 4,205.5%. 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 private sector (annual growth as % of broad money). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Claims on private sector include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. 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.