Financial Sector in Somalia

26 indicators covering financial sector for Somalia.

IndicatorLatest Year10-yr change Rank
Net migration 12,077 2025 up 170.3% 40th
Net domestic credit 16.43 trillion current LCU 2024 up 416.5% 39th
Domestic credit to private sector by banks 5.4% 2024 up 131.2% 182nd
Net foreign assets 33.98 trillion current LCU 2024 up 520.1% 15th
Claims on central government, etc. -0.9% 2024 down 26.9% 153rd
Monetary Sector credit to private sector 5.4% 2024 up 131.2% 182nd
Domestic credit to private sector 5.4% 2024 up 131.2% 182nd
Broad money 26.1% 1989 down 16.6% 149th
Official exchange rate 23,098 LCU per US$, period average 2017 down 26.8% 4th
Claims on private sector 100.1% 1989 up 4,205.5% 2nd
Broad money 157.99 billion current LCU 1989 up 5,516.4% 112th
Broad money growth 162.8% 1989 up 335.0% 3rd
Claims on central government -10.1% 1989 down 122.4% 161st
GDP deflator: linked series 127.92 base year varies by country 2025 up 92.1% 128th
Inflation, GDP deflator: linked series 12.9% 2025 up 84.9% 25th
Broad money to total reserves ratio 13.35 1989 up 271.6% 11th
Total reserves 1.1% 1989 down 89.8% 110th
Interest rate spread 13.0% 1988 up 334.7% 12th
Deposit interest rate 25.0% 1989 up 518.6% 3rd
Bank liquid reserves to bank assets ratio 4.8% 2025 down 16.7% 140th
Lending interest rate 33.7% 1988 up 381.0% 6th
Real interest rate -18.5% 1988 down 290.5% 145th
Bank nonperforming loans to total gross loans 2.6% 2025 up 60.4% 91st
International migrant stock 0.4% 2024 up 33.3% 197th
International migrant stock, total 77,972 2024 up 90.2% 144th
Average transaction cost of sending remittances to a specific country 6.0% 2023 down 17.6% 16th