Somalia - Broad money

Broad money (current LCU)

The value for Broad money (current LCU) in Somalia was 157,986,000,000 as of 1989. As the graph below shows, over the past 29 years this indicator reached a maximum value of 157,986,000,000 in 1989 and a minimum value of 107,000,000 in 1960.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1960 107,000,000
1961 168,500,000
1962 187,000,000
1963 222,200,000
1964 224,100,000
1965 219,500,000
1966 232,300,000
1967 267,870,000
1968 301,840,000
1969 327,320,000
1970 465,500,000
1971 391,170,000
1972 517,790,000
1973 608,220,000
1974 782,990,000
1975 1,005,170,000
1976 1,199,980,000
1977 1,544,580,000
1978 2,046,820,000
1979 2,812,930,000
1980 3,381,090,000
1981 4,421,220,000
1982 5,116,050,000
1983 5,501,000,000
1984 6,934,000,000
1985 12,558,000,000
1986 16,834,000,000
1987 38,234,000,000
1988 60,114,000,000
1989 157,986,000,000

Broad money (% of GDP)

Broad money (% of GDP) in Somalia was 28.24 as of 1989. Its highest value over the past 29 years was 31.26 in 1979, while its lowest value was 8.30 in 1960.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 8.30
1961 12.31
1962 12.86
1963 14.39
1964 13.67
1965 12.61
1966 12.64
1967 13.80
1968 14.74
1969 15.26
1970 20.61
1971 16.57
1972 17.79
1973 19.10
1974 26.60
1975 22.46
1976 23.61
1977 22.45
1978 25.02
1979 31.26
1980 19.46
1981 20.05
1982 17.58
1983 15.69
1984 11.13
1985 14.38
1986 13.96
1987 22.75
1988 21.17
1989 28.24

Broad money to total reserves ratio

Broad money to total reserves ratio in Somalia was 13.35 as of 1989. Its highest value over the past 29 years was 14.34 in 1985, while its lowest value was 0.92 in 1977.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 1.61
1961 1.43
1962 1.46
1963 1.66
1964 3.08
1965 3.57
1966 2.64
1967 3.75
1968 6.26
1969 3.29
1970 3.13
1971 2.10
1972 2.35
1973 2.74
1974 2.91
1975 2.32
1976 2.24
1977 0.92
1978 1.09
1979 3.59
1980 4.56
1981 3.66
1982 8.92
1983 6.99
1984 12.61
1985 14.34
1986 6.39
1987 13.83
1988 9.48
1989 13.35

Broad money growth (annual %)

The value for Broad money growth (annual %) in Somalia was 162.81 as of 1989. As the graph below shows, over the past 28 years this indicator reached a maximum value of 162.81 in 1989 and a minimum value of -15.97 in 1971.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1961 57.48
1962 10.98
1963 18.82
1964 0.86
1965 -2.05
1966 5.83
1967 15.31
1968 12.68
1969 8.44
1970 42.22
1971 -15.97
1972 32.37
1973 17.46
1974 28.73
1975 28.38
1976 19.38
1977 28.72
1978 32.52
1979 37.43
1980 20.20
1981 30.76
1982 15.72
1983 7.52
1984 26.05
1985 81.11
1986 34.05
1987 127.12
1988 57.23
1989 162.81

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)