Net domestic credit (current LCU), per capita in Somalia
Somalia: Net domestic credit (current LCU), per capita was 864,055 current LCU per person in 2024. ◆ Volatile
Net domestic credit (current LCU), per capita in Somalia, 1960–2024
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
In 2024, net domestic credit (current lcu), per capita in Somalia stood at 864,055 current LCU per person.
That represents a change of up 22.7% on the previous year and up 319.9% over ten years.
Over the whole period, net domestic credit (current lcu), per capita in Somalia peaked at 1.04 million current LCU per person in 2022 and was at its lowest, 12.1 current LCU per person, in 1960.
Somalia ranks 33rd of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per capita in Somalia, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1960 | 12.1 current LCU per person | — |
| 1961 | 13.69 current LCU per person | +13.1% |
| 1962 | 26.9 current LCU per person | +96.5% |
| 1963 | 40.22 current LCU per person | +49.5% |
| 1964 | 64.09 current LCU per person | +59.3% |
| 1965 | 65.5 current LCU per person | +2.2% |
| 1966 | 67.91 current LCU per person | +3.7% |
| 1967 | 78.78 current LCU per person | +16.0% |
| 1968 | 77.42 current LCU per person | -1.7% |
| 1969 | 81.2 current LCU per person | +4.9% |
| 1970 | 106.38 current LCU per person | +31.0% |
| 1971 | 84.81 current LCU per person | -20.3% |
| 1972 | 83.39 current LCU per person | -1.7% |
| 1973 | 155.11 current LCU per person | +86.0% |
| 1974 | 221.13 current LCU per person | +42.6% |
| 1975 | 188.74 current LCU per person | -14.6% |
| 1976 | 254.41 current LCU per person | +34.8% |
| 1977 | 263.79 current LCU per person | +3.7% |
| 1978 | 356.33 current LCU per person | +35.1% |
| 1979 | 542.68 current LCU per person | +52.3% |
| 1980 | 653.54 current LCU per person | +20.4% |
| 1981 | 759.78 current LCU per person | +16.3% |
| 1982 | 836.77 current LCU per person | +10.1% |
| 1983 | 848.76 current LCU per person | +1.4% |
| 1984 | 1,496 current LCU per person | +76.2% |
| 1985 | 1,721 current LCU per person | +15.0% |
| 1986 | 1,993 current LCU per person | +15.8% |
| 1987 | 4,772 current LCU per person | +139.4% |
| 1988 | 7,058 current LCU per person | +47.9% |
| 1989 | 13,905 current LCU per person | +97.0% |
| 2018 | 205,779 current LCU per person | +1379.9% |
| 2019 | 204,716 current LCU per person | -0.5% |
| 2020 | 816,788 current LCU per person | +299.0% |
| 2021 | 963,848 current LCU per person | +18.0% |
| 2022 | 1.04 million current LCU per person | +8.0% |
| 2023 | 704,395 current LCU per person | -32.3% |
| 2024 | 864,055 current LCU per person | +22.7% |
Somalia compared with similar countries
- Somalia's 864,055 current LCU per person is above the median for low income countries, which is 93,769 current LCU per person, 9.2× the median. (24 countries reporting)
- Somalia's 864,055 current LCU per person is above the median for Sub-Saharan Africa, which is 176,898 current LCU per person, 4.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), per capita 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 |
|---|---|---|---|
| 2018 | +1379.9% | 13,905 current LCU per person | 205,779 current LCU per person |
| 2020 | +299.0% | 204,716 current LCU per person | 816,788 current LCU per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 52.78 current LCU per person | 12.1 current LCU per person | 81.2 current LCU per person | 10 |
| 1970s | 225.68 current LCU per person | 83.39 current LCU per person | 542.68 current LCU per person | 10 |
| 1980s | 3,404 current LCU per person | 653.54 current LCU per person | 13,905 current LCU per person | 10 |
| 2010s | 205,248 current LCU per person | 204,716 current LCU per person | 205,779 current LCU per person | 2 |
| 2020s | 877,965 current LCU per person | 704,395 current LCU per person | 1.04 million current LCU per person | 5 |
Countries ranked near Somalia
- 30 Equatorial Guinea 875,520 current LCU per person compare
- 31 Denmark 869,208 current LCU per person compare
- 32 Mauritius 869,032 current LCU per person compare
- 34 Jamaica 711,957 current LCU per person compare
- 35 Tanzania 693,682 current LCU per person compare
- 36 Cote d'Ivoire 675,961 current LCU per person 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 net domestic credit (current lcu), per capita in Somalia?
- Net domestic credit (current lcu), per capita in Somalia was 864,055 current LCU per person in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per capita recorded in Somalia?
- The highest recorded value was 1.04 million current LCU per person in 2022.
- What is the lowest net domestic credit (current lcu), per capita recorded in Somalia?
- The lowest recorded value was 12.1 current LCU per person in 1960.
- How does Somalia rank for net domestic credit (current lcu), per capita?
- Somalia ranks 33rd out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per capita rising or falling in Somalia?
- Over the last ten years it is up 319.9%. 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 Net domestic credit (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Net domestic credit (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ Population, total
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
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
Net domestic credit (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.