Domestic Claims, Claims on Private Sector in Somalia
Somalia: Domestic Claims, Claims on Private Sector was 89.79 billion in 1989. ◆ Volatile
Domestic Claims, Claims on Private Sector in Somalia, 1960–1989
Source: International Monetary Fund.
Analysis
Somalia recorded 89.79 billion for domestic claims, claims on private sector in 1989. That is the highest value across all 30 years on record.
That represents a change of up 202.9% on the previous year and up 19,867.3% over ten years.
Over the whole period, domestic claims, claims on private sector in Somalia peaked at 89.79 billion in 1989 and was at its lowest, 31.20 million, in 1960.
That places Somalia 116th out of 178 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.
Domestic Claims, Claims on Private Sector in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 31.20 million | — |
| 1961 | 42.00 million | +34.6% |
| 1962 | 71.50 million | +70.2% |
| 1963 | 85.30 million | +19.3% |
| 1964 | 143.50 million | +68.2% |
| 1965 | 173.30 million | +20.8% |
| 1966 | 176.10 million | +1.6% |
| 1967 | 185.60 million | +5.4% |
| 1968 | 212.20 million | +14.3% |
| 1969 | 233.90 million | +10.2% |
| 1970 | 297.38 million | +27.1% |
| 1971 | 253.81 million | -14.7% |
| 1972 | 315.32 million | +24.2% |
| 1973 | 622.90 million | +97.5% |
| 1974 | 915.70 million | +47.0% |
| 1975 | 515.11 million | -43.7% |
| 1976 | 345.90 million | -32.8% |
| 1977 | 375.18 million | +8.5% |
| 1978 | 402.12 million | +7.2% |
| 1979 | 449.69 million | +11.8% |
| 1980 | 426.10 million | -5.2% |
| 1981 | 574.63 million | +34.9% |
| 1982 | 1.62 billion | +182.6% |
| 1983 | 2.29 billion | +41.2% |
| 1984 | 3.73 billion | +62.5% |
| 1985 | 4.03 billion | +8.0% |
| 1986 | 4.09 billion | +1.7% |
| 1987 | 18.61 billion | +354.5% |
| 1988 | 29.64 billion | +59.2% |
| 1989 | 89.79 billion | +202.9% |
Somalia compared with similar countries
- Somalia's 89.79 billion is below the median for low income countries, which is 264.38 billion, 34% of the median. (23 countries reporting)
- Somalia's 89.79 billion is below the median for Sub-Saharan Africa, which is 462.24 billion, 19% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Domestic Claims, Claims on Private Sector 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 | +354.5% | 4.09 billion | 18.61 billion |
| 1989 | +202.9% | 29.64 billion | 89.79 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 135.46 million | 31.20 million | 233.90 million | 10 |
| 1970s | 449.31 million | 253.81 million | 915.70 million | 10 |
| 1980s | 15.48 billion | 426.10 million | 89.79 billion | 10 |
Countries ranked near Somalia
- 113 Central African Republic 102.39 billion compare
- 114 Djibouti 93.51 billion compare
- 115 Macau, China 89.85 billion compare
- 117 Kyrgyzstan 84.06 billion
- 118 Guatemala 79.25 billion compare
- 119 Tunisia 78.86 billion compare
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 domestic claims, claims on private sector in Somalia?
- Domestic claims, claims on private sector in Somalia was 89.79 billion in 1989, according to International Monetary Fund.
- What is the highest domestic claims, claims on private sector recorded in Somalia?
- The highest recorded value was 89.79 billion in 1989.
- What is the lowest domestic claims, claims on private sector recorded in Somalia?
- The lowest recorded value was 31.20 million in 1960.
- How does Somalia rank for domestic claims, claims on private sector?
- Somalia ranks 116th out of 178 countries with data for 1989.
- Is domestic claims, claims on private sector rising or falling in Somalia?
- Over the last ten years it is up 19,867.3%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Monetary Fund, published as part of Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.