Total reserves minus gold in Somalia
Somalia: Total reserves minus gold was 15.40 million current US$ in 1989. ◆ Volatile
Total reserves minus gold in Somalia, 1960–1989
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
Somalia recorded 15.40 million current US$ for total reserves minus gold in 1989.
That represents a change of up 0.7% on the previous year and down 64.8% over ten years.
Over the whole period, total reserves minus gold in Somalia peaked at 126.34 million current US$ in 1978 and was at its lowest, 1.05 million current US$, in 1984.
That places Somalia 182nd out of 182 countries with data for 1989, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold in Somalia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 9.30 million current US$ | — |
| 1961 | 16.50 million current US$ | +77.4% |
| 1962 | 17.90 million current US$ | +8.5% |
| 1963 | 18.77 million current US$ | +4.9% |
| 1964 | 10.20 million current US$ | -45.7% |
| 1965 | 8.60 million current US$ | -15.7% |
| 1966 | 12.30 million current US$ | +43.0% |
| 1967 | 10.00 million current US$ | -18.7% |
| 1968 | 6.75 million current US$ | -32.5% |
| 1969 | 13.42 million current US$ | +98.8% |
| 1970 | 21.14 million current US$ | +57.5% |
| 1971 | 26.06 million current US$ | +23.3% |
| 1972 | 31.33 million current US$ | +20.2% |
| 1973 | 35.00 million current US$ | +11.7% |
| 1974 | 42.32 million current US$ | +20.9% |
| 1975 | 68.37 million current US$ | +61.5% |
| 1976 | 84.88 million current US$ | +24.1% |
| 1977 | 119.98 million current US$ | +41.4% |
| 1978 | 126.34 million current US$ | +5.3% |
| 1979 | 43.79 million current US$ | -65.3% |
| 1980 | 14.56 million current US$ | -66.7% |
| 1981 | 30.71 million current US$ | +110.9% |
| 1982 | 6.51 million current US$ | -78.8% |
| 1983 | 9.17 million current US$ | +40.9% |
| 1984 | 1.05 million current US$ | -88.6% |
| 1985 | 2.50 million current US$ | +138.3% |
| 1986 | 12.80 million current US$ | +412.0% |
| 1987 | 7.30 million current US$ | -43.0% |
| 1988 | 15.30 million current US$ | +109.6% |
| 1989 | 15.40 million current US$ | +0.7% |
Somalia compared with similar countries
- Somalia's 15.40 million current US$ is below the median for low income countries, which is 939.84 million current US$, 2% of the median. (20 countries reporting)
- Somalia's 15.40 million current US$ is below the median for Sub-Saharan Africa, which is 1.17 billion current US$, 1% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Total reserves minus gold in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +412.0% | 2.50 million current US$ | 12.80 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.37 million current US$ | 6.75 million current US$ | 18.77 million current US$ | 10 |
| 1970s | 59.92 million current US$ | 21.14 million current US$ | 126.34 million current US$ | 10 |
| 1980s | 11.53 million current US$ | 1.05 million current US$ | 30.71 million current US$ | 10 |
Countries ranked near Somalia
- 179 Burundi 88.36 million current US$ compare
- 180 Sao Tome and Principe 58.79 million current US$
- 181 South Sudan 15.96 million current US$
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 765.00 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.08 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0639 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3355 % change on previous year (1989)
- Total reserves (includes gold, current US$), per unit of GDP 0.0196 includes gold, current US$ per US$ of GDP (1989)
- Total reserves (includes gold, current US$), per capita 3.25 includes gold, current US$ per person (1989)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is total reserves minus gold in Somalia?
- Total reserves minus gold in Somalia was 15.40 million current US$ in 1989, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in Somalia?
- The highest recorded value was 126.34 million current US$ in 1978.
- What is the lowest total reserves minus gold recorded in Somalia?
- The lowest recorded value was 1.05 million current US$ in 1984.
- How does Somalia rank for total reserves minus gold?
- Somalia ranks 182nd out of 182 countries with data for 1989.
- Is total reserves minus gold rising or falling in Somalia?
- Over the last ten years it is down 64.8%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves minus gold (current US$). Statizoid updates them automatically from the source API.
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About this data
This series includes external assets (excluding 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 in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.