Total reserves (% of total external debt) in Somalia
Somalia: Total reserves (% of total external debt) was 1.1% in 1989. ◆ Volatile
Total reserves in Somalia, 1971–1989
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Somalia recorded 1.1% for total reserves in 1989.
The figure is down 4.4% on the previous year and down 89.8% over ten years.
Over the whole period, total reserves in Somalia peaked at 38.2% in 1977 and was at its lowest, 0.5%, in 1984.
That places Somalia 111th out of 112 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 (% of total external debt) in Somalia, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1971 | 32.9% | — |
| 1972 | 32.8% | -0.3% |
| 1973 | 29.7% | -9.2% |
| 1974 | 27.8% | -6.4% |
| 1975 | 37.1% | +33.3% |
| 1976 | 35.2% | -5.2% |
| 1977 | 38.2% | +8.6% |
| 1978 | 31.6% | -17.4% |
| 1979 | 11.1% | -64.7% |
| 1980 | 4.8% | -57.0% |
| 1981 | 4.1% | -15.3% |
| 1982 | 1.4% | -66.2% |
| 1983 | 1.3% | -7.7% |
| 1984 | 0.5% | -61.1% |
| 1985 | 0.6% | +15.0% |
| 1986 | 1.2% | +109.9% |
| 1987 | 0.9% | -25.6% |
| 1988 | 1.2% | +34.7% |
| 1989 | 1.1% | -4.4% |
Somalia compared with similar countries
- Somalia's 1.1% is below the median for low income countries, which is 18.5%, 6% of the median. (18 countries reporting)
- Somalia's 1.1% is below the median for Sub-Saharan Africa, which is 23.9%, 5% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.7% | 11.1% | 38.2% | 9 |
| 1980s | 1.7% | 0.5% | 4.8% | 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 in Somalia?
- Total reserves in Somalia was 1.1% in 1989, according to International Debt Statistics, World Bank (WB).
- What is the highest total reserves recorded in Somalia?
- The highest recorded value was 38.2% in 1977.
- What is the lowest total reserves recorded in Somalia?
- The lowest recorded value was 0.5% in 1984.
- How does Somalia rank for total reserves?
- Somalia ranks 111th out of 112 countries with data for 1989.
- Is total reserves rising or falling in Somalia?
- Over the last ten years it is down 89.8%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total reserves (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.