🇸🇴 Somalia, Fed. Rep. Total reserves

Somalia, Fed. Rep. Total reserves was $23.11M in 1989, down 0.3% from 1988, according to World Bank data. The 10-year average is $19.47M. Historical data available from 1960 to 1989 (30 data points). The all-time high was $129.69M in 1978.

Source: World Bank World Development Indicators • 1960198930 data pointsEconomy & Growth

Latest Value
$23.11M
1989
Year-on-Year
-0.3%
vs 1988
10-Year Average
$19.47M
19801989
Range
High: $129.69M (1978)
Low: $6.75M (1968)

Somalia, Fed. Rep. Total reserves (includes gold, current US$)1960 to 1989

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About this Indicator

Reserve assets are external assets, including 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.

Historical Data Table

YearValue
1989$23.11M
1988$23.19M
1987$16.61M
1986$20.32M
1985$8.79M
1984$6.96M
1983$16.48M
1982$15.26M
1981$38.25M
1980$25.75M

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