Total reserves includes gold (% of GDP) in Somalia
Somalia: Total reserves includes gold (% of GDP) was 2.1% in 1989. ◆ Volatile
Total reserves includes gold in Somalia, 1960–1989
Source: International Monetary Fund, International Financial Statistics and data files. Measured in % of GDP.
Analysis
In 1989, total reserves includes gold in Somalia stood at 2.1%.
The figure is down 5.3% on the previous year and down 75.7% over ten years.
Over the whole period, total reserves includes gold in Somalia peaked at 24.4% in 1977 and was at its lowest, 0.9%, in 1984.
That places Somalia 52nd out of 53 countries with data for 1989, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves includes gold (% of GDP) in Somalia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 5.2% | — |
| 1961 | 8.6% | +67.1% |
| 1962 | 8.8% | +2.2% |
| 1963 | 8.7% | -1.3% |
| 1964 | 4.4% | -48.8% |
| 1965 | 3.5% | -20.6% |
| 1966 | 4.8% | +35.4% |
| 1967 | 3.7% | -23.0% |
| 1968 | 2.4% | -36.0% |
| 1969 | 4.7% | +101.3% |
| 1970 | 6.7% | +41.8% |
| 1971 | 8.1% | +20.4% |
| 1972 | 7.6% | -6.6% |
| 1973 | 7.0% | -7.8% |
| 1974 | 9.2% | +31.4% |
| 1975 | 9.7% | +5.6% |
| 1976 | 10.6% | +9.2% |
| 1977 | 24.4% | +131.3% |
| 1978 | 23.0% | -6.0% |
| 1979 | 8.7% | -62.1% |
| 1980 | 4.3% | -51.0% |
| 1981 | 5.5% | +28.3% |
| 1982 | 2.0% | -64.0% |
| 1983 | 2.2% | +13.9% |
| 1984 | 0.9% | -60.7% |
| 1985 | 1.0% | +13.6% |
| 1986 | 2.2% | +117.8% |
| 1987 | 1.6% | -24.7% |
| 1988 | 2.2% | +35.8% |
| 1989 | 2.1% | -5.3% |
Somalia compared with similar countries
- Somalia's 2.1% is below the median for low income countries, which is 11.9%, 18% of the median. (20 countries reporting)
- Somalia's 2.1% is below the median for Sub-Saharan Africa, which is 14.3%, 15% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.5% | 2.4% | 8.8% | 10 |
| 1970s | 11.5% | 6.7% | 24.4% | 10 |
| 1980s | 2.4% | 0.9% | 5.5% | 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 total reserves includes gold in Somalia?
- Total reserves includes gold in Somalia was 2.1% in 1989, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest total reserves includes gold recorded in Somalia?
- The highest recorded value was 24.4% in 1977.
- What is the lowest total reserves includes gold recorded in Somalia?
- The lowest recorded value was 0.9% in 1984.
- How does Somalia rank for total reserves includes gold?
- Somalia ranks 52nd out of 53 countries with data for 1989.
- Is total reserves includes gold rising or falling in Somalia?
- Over the last ten years it is down 75.7%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Total reserves includes gold (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices.