Liabilities, Broad Money, Liabilities to Depository corporations in Somalia
Somalia: Liabilities, Broad Money, Liabilities to Depository corporations was 15.94 in 2024. ▼ Falling
Liabilities, Broad Money, Liabilities to Depository corporations in Somalia, 2019–2024
Source: International Monetary Fund.
Analysis
In 2024, liabilities, broad money, liabilities to depository corporations in Somalia stood at 15.94. That is the lowest value across all 6 years on record.
That represents a change of down 31.5% on the previous year and down 45.8% over ten years.
Somalia ranks 33rd of 149 countries on this measure, in the top quarter.
Liabilities, Broad Money, Liabilities to Depository corporations in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 2019 | 29.4 | — |
| 2020 | 55.12 | +87.5% |
| 2021 | 42.1 | -23.6% |
| 2022 | 22.98 | -45.4% |
| 2023 | 23.27 | +1.3% |
| 2024 | 15.94 | -31.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 29.4 | 29.4 | 29.4 | 1 |
| 2020s | 31.88 | 15.94 | 55.12 | 5 |
Countries ranked near Somalia
More external debt data for Somalia
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.0% (2024)
- Net financial flows, IDA 0 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -18.74 NFL, current US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is liabilities, broad money, liabilities to depository corporations in Somalia?
- Liabilities, broad money, liabilities to depository corporations in Somalia was 15.94 in 2024, according to International Monetary Fund.
- What is the highest liabilities, broad money, liabilities to depository corporations recorded in Somalia?
- The highest recorded value was 55.12 in 2020.
- What is the lowest liabilities, broad money, liabilities to depository corporations recorded in Somalia?
- The lowest recorded value was 15.94 in 2024.
- How does Somalia rank for liabilities, broad money, liabilities to depository corporations?
- Somalia ranks 33rd out of 149 countries with data for 2024.
- Is liabilities, broad money, liabilities to depository corporations rising or falling in Somalia?
- Over the last ten years it is down 45.8%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Broad Money, Liabilities to Depository corporations (Percent change, corresponding period, previous year). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Depository Corporations dataset consolidates central bank and other depository corporations balance sheets to analyze broad money and depository corporations' financial linkages with other economic sectors and nonresidents.