Domestic Claims, Claims on Private Sector (Depository Corporations) in Somalia
Somalia: Domestic Claims, Claims on Private Sector (Depository Corporations) was 76.01 units per US$ of GDP in 1989. ◆ Volatile
Domestic Claims, Claims on Private Sector (Depository Corporations) in Somalia, 1960–1989
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
In 1989, domestic claims, claims on private sector (depository corporations) in Somalia stood at 76.01 units per US$ of GDP. That is the highest value across all 30 years on record.
The figure is up 169.7% on the previous year and up 9,864.8% over ten years.
Over the whole period, domestic claims, claims on private sector (depository corporations) in Somalia peaked at 76.01 units per US$ of GDP in 1989 and was at its lowest, 0.1729 units per US$ of GDP, in 1960.
That places Somalia 37th out of 174 countries with data for 1989, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic Claims, Claims on Private Sector (Depository Corporations) in Somalia, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.1729 units per US$ of GDP | — |
| 1961 | 0.2191 units per US$ of GDP | +26.7% |
| 1962 | 0.3513 units per US$ of GDP | +60.3% |
| 1963 | 0.3946 units per US$ of GDP | +12.3% |
| 1964 | 0.6252 units per US$ of GDP | +58.4% |
| 1965 | 0.711 units per US$ of GDP | +13.7% |
| 1966 | 0.6842 units per US$ of GDP | -3.8% |
| 1967 | 0.6829 units per US$ of GDP | -0.2% |
| 1968 | 0.7401 units per US$ of GDP | +8.4% |
| 1969 | 0.7635 units per US$ of GDP | +3.2% |
| 1970 | 0.8546 units per US$ of GDP | +11.9% |
| 1971 | 0.7314 units per US$ of GDP | -14.4% |
| 1972 | 0.704 units per US$ of GDP | -3.7% |
| 1973 | 1.29 units per US$ of GDP | +82.9% |
| 1974 | 1.6 units per US$ of GDP | +24.2% |
| 1975 | 0.6804 units per US$ of GDP | -57.5% |
| 1976 | 0.397 units per US$ of GDP | -41.7% |
| 1977 | 0.7525 units per US$ of GDP | +89.6% |
| 1978 | 0.7123 units per US$ of GDP | -5.4% |
| 1979 | 0.7627 units per US$ of GDP | +7.1% |
| 1980 | 0.7072 units per US$ of GDP | -7.3% |
| 1981 | 0.8217 units per US$ of GDP | +16.2% |
| 1982 | 2.1 units per US$ of GDP | +155.1% |
| 1983 | 3.12 units per US$ of GDP | +48.7% |
| 1984 | 4.73 units per US$ of GDP | +51.8% |
| 1985 | 4.6 units per US$ of GDP | -2.9% |
| 1986 | 4.47 units per US$ of GDP | -2.8% |
| 1987 | 18.27 units per US$ of GDP | +308.9% |
| 1988 | 28.18 units per US$ of GDP | +54.3% |
| 1989 | 76.01 units per US$ of GDP | +169.7% |
Somalia compared with similar countries
- Somalia's 76.01 units per US$ of GDP is above the median for low income countries, which is 46.81 units per US$ of GDP, 1.6× the median. (22 countries reporting)
- Somalia's 76.01 units per US$ of GDP is above the median for Sub-Saharan Africa, which is 40.63 units per US$ of GDP, 1.9× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Domestic Claims, Claims on Private Sector (Depository Corporations) 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 |
|---|---|---|---|
| 1987 | +308.9% | 4.47 units per US$ of GDP | 18.27 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5345 units per US$ of GDP | 0.1729 units per US$ of GDP | 0.7635 units per US$ of GDP | 10 |
| 1970s | 0.8482 units per US$ of GDP | 0.397 units per US$ of GDP | 1.6 units per US$ of GDP | 10 |
| 1980s | 14.3 units per US$ of GDP | 0.7072 units per US$ of GDP | 76.01 units per US$ of GDP | 10 |
Countries ranked near Somalia
More financial sector data for Somalia
- Net domestic credit (current LCU), per capita 864,055 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1,373 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 27.01 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 672,915 SDR (1989)
- Gold reserves at market value 5.87 million SDR (1989)
- Reserves excluding gold, foreign exchange 11.72 million SDR (1989)
- Reserves excluding gold 11.72 million SDR (1989)
- Total reserves (gold at market value) 17.59 million SDR (1989)
- Total reserves (gold at national valuation) 16.97 million SDR (1989)
- Total reserves (gold at national valuation) (SDR), per capita 2.39 SDR per person (1989)
Frequently asked questions
- What is domestic claims, claims on private sector (depository corporations) in Somalia?
- Domestic claims, claims on private sector (depository corporations) in Somalia was 76.01 units per US$ of GDP in 1989, according to Statizoid (derived).
- What is the highest domestic claims, claims on private sector (depository corporations) recorded in Somalia?
- The highest recorded value was 76.01 units per US$ of GDP in 1989.
- What is the lowest domestic claims, claims on private sector (depository corporations) recorded in Somalia?
- The lowest recorded value was 0.1729 units per US$ of GDP in 1960.
- How does Somalia rank for domestic claims, claims on private sector (depository corporations)?
- Somalia ranks 37th out of 174 countries with data for 1989.
- Is domestic claims, claims on private sector (depository corporations) rising or falling in Somalia?
- Over the last ten years it is up 9,864.8%. 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 Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency) ÷ GDP (current US$)
Computed from
- Domestic Claims, Claims on Private Sector International Monetary Fund
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.