Real interest rate in Somalia
Somalia: Real interest rate was -18.5% in 1988. ◆ Volatile
Real interest rate in Somalia, 1975–1988
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Somalia is -18.5%, measured in 1988.
That represents a change of down 210.7% on the previous year and down 290.5% over ten years.
Over the whole period, real interest rate in Somalia peaked at -3.1% in 1977 and was at its lowest, -43.3%, in 1980.
Somalia ranks 145th of 148 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -6.2% | -8.8% | -3.1% | 5 |
| 1980s | -18.0% | -43.3% | -5.9% | 9 |
Countries ranked near Somalia
More financial sector data for Somalia
- Domestic credit to private sector 5.4% (2024)
- Net domestic credit 16.43 trillion current LCU (2024)
- Net foreign assets 33.98 trillion current LCU (2024)
- Domestic credit to private sector by banks 5.4% (2024)
- Claims on central government, etc. -0.9% (2024)
- Monetary Sector credit to private sector 5.4% (2024)
- Broad money 26.1% (1989)
- Official exchange rate 23,098 LCU per US$, period average (2017)
- Net migration 12,077 (2025)
- Claims on private sector 100.1% (1989)
Frequently asked questions
- What is real interest rate in Somalia?
- Real interest rate in Somalia was -18.5% in 1988, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Somalia?
- The highest recorded value was -3.1% in 1977.
- What is the lowest real interest rate recorded in Somalia?
- The lowest recorded value was -43.3% in 1980.
- How does Somalia rank for real interest rate?
- Somalia ranks 145th out of 148 countries with data for 1988.
- Is real interest rate rising or falling in Somalia?
- Over the last ten years it is down 290.5%. 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 Real interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.