Quasi-Money in Somalia
Somalia: Quasi-Money was 18.16 billion in 1989. ◆ Volatile
Quasi-Money in Somalia, 1960–1989
Source: International Monetary Fund.
Analysis
The most recent figure for quasi-money in Somalia is 18.16 billion, measured in 1989. That is the highest value across all 30 years on record.
That represents a change of up 23.7% on the previous year and up 3,701.2% over ten years.
Over the whole period, quasi-money in Somalia peaked at 18.16 billion in 1989 and was at its lowest, 12.40 million, in 1960.
Somalia ranks 122nd of 162 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Quasi-Money in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 12.40 million | — |
| 1961 | 17.80 million | +43.5% |
| 1962 | 20.80 million | +16.9% |
| 1963 | 24.30 million | +16.8% |
| 1964 | 27.70 million | +14.0% |
| 1965 | 28.00 million | +1.1% |
| 1966 | 30.30 million | +8.2% |
| 1967 | 37.24 million | +22.9% |
| 1968 | 45.20 million | +21.4% |
| 1969 | 47.68 million | +5.5% |
| 1970 | 89.39 million | +87.5% |
| 1971 | 61.80 million | -30.9% |
| 1972 | 77.25 million | +25.0% |
| 1973 | 101.18 million | +31.0% |
| 1974 | 154.43 million | +52.6% |
| 1975 | 179.35 million | +16.1% |
| 1976 | 205.07 million | +14.3% |
| 1977 | 219.49 million | +7.0% |
| 1978 | 318.85 million | +45.3% |
| 1979 | 477.72 million | +49.8% |
| 1980 | 597.88 million | +25.2% |
| 1981 | 747.12 million | +25.0% |
| 1982 | 1.08 billion | +45.0% |
| 1983 | 1.19 billion | +10.0% |
| 1984 | 1.60 billion | +34.2% |
| 1985 | 2.79 billion | +74.1% |
| 1986 | 4.69 billion | +68.4% |
| 1987 | 8.19 billion | +74.5% |
| 1988 | 14.68 billion | +79.3% |
| 1989 | 18.16 billion | +23.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 29.14 million | 12.40 million | 47.68 million | 10 |
| 1970s | 188.45 million | 61.80 million | 477.72 million | 10 |
| 1980s | 5.37 billion | 597.88 million | 18.16 billion | 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 quasi-money in Somalia?
- Quasi-money in Somalia was 18.16 billion in 1989, according to International Monetary Fund.
- What is the highest quasi-money recorded in Somalia?
- The highest recorded value was 18.16 billion in 1989.
- What is the lowest quasi-money recorded in Somalia?
- The lowest recorded value was 12.40 million in 1960.
- How does Somalia rank for quasi-money?
- Somalia ranks 122nd out of 162 countries with data for 1989.
- Is quasi-money rising or falling in Somalia?
- Over the last ten years it is up 3,701.2%. 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 Quasi-Money (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.