Somalia - Broad money growth rate

162.8 (%) in 1989

In 1989, broad money growth for Somalia was 162.8 %. Though Somalia broad money growth fluctuated substantially in recent years, it tended to increase through 1970 - 1989 period ending at 162.8 % in 1989.

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What is broad money growth?

Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

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What is Somalia broad money growth?