Somalia, Fed. Rep. Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Somalia, Fed. Rep.'s interest rate spread was 13.04% in 1988, ranked 50th globally. This represents a 126.8% increase from 1987. Data from World Bank, covering 1975–1988.
Overview
Somalia, Fed. Rep.'s interest rate spread stood at 13.04% in 1988, a rise of +7.29pp from 1987. Somalia, Fed. Rep. ranked 50th globally.
Somalia's interest rate spread has exhibited significant volatility, reflecting the country's tumultuous economic history. From an all-time low of 3.00% in 1980, the spread peaked at 13.04% in 1988, ranking 50th globally. This marked a substantial divergence from peer countries, such as Uganda, which maintained a spread of 13.50% during the same period. The spread remained elevated throughout the 1980s, reflecting the economic instability and conflict that plagued the region. As of 1988, the interest rate spread stood at 13.04%. In contrast, countries with more stable economic environments, such as Costa Rica, maintained lower spreads, at 13.51% during the same period. The trajectory of Somalia's interest rate spread is likely to remain influenced by the country's ongoing economic and security challenges. A shift towards greater economic stability and security would be necessary to bring the interest rate spread in line with other countries in the region.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 1988 | 13.04% | +7.29pp | #50 |
| 1987 | 5.75% | +0.48pp | #31 |
| 1986 | 5.27% | +0.27pp | #30 |
| 1985 | 5.00% | +1.50pp | #29 |
| 1984 | 3.50% | +0.00pp | #22 |
| 1983 | 3.50% | −0.50pp | #18 |
| 1982 | 4.00% | −0.50pp | #21 |
| 1981 | 4.50% | +1.50pp | #21 |
| 1980 | 3.00% | −0.46pp | #13 |
| 1979 | 3.46% | +0.46pp | #8 |
| 1978 | 3.00% | +0.00pp | #10 |
| 1977 | 3.00% | +0.00pp | #6 |
| 1976 | 3.00% | +0.00pp | #5 |
| 1975 | 3.00% | – | #4 |
Analysis
Somalia, Fed. Rep.'s interest rate spread was 13.04% in 1988, a rise of +7.29pp from 1987.
Frequently Asked Questions
Somalia, Fed. Rep.'s interest rate spread was 13.04% in 1988. Ranked 50th globally. This represents a 126.8% increase from the previous year.
Somalia, Fed. Rep.'s interest rate spread peaked at 13.04% in 1988.
The lowest interest rate spread in Somalia, Fed. Rep. was 3.00% in 1975.
Somalia, Fed. Rep. ranks 50th globally in interest rate spread as of 1988.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Somalia, Fed. Rep. in 1988 was 13.04%. This ranks 50th in the world.
Cite this page
@misc{historysaid_somalia-fed-rep_interest-rate-spread,
title = {Somalia, Fed. Rep. Interest Rate Spread},
url = {https://historysaid.com/somalia-fed-rep/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}