Somalia, Fed. Rep. Real Interest Rate
Real interest rate FR.INR.RINR
Somalia, Fed. Rep.'s real interest rate was -18.46% in 1988, ranked 4th globally. This represents a 210.7% decrease from 1987. Data from World Bank, covering 1975–1988.
Overview
Somalia, Fed. Rep.'s real interest rate stood at -18.46% in 1988, a decline of +12.52pp from 1987. Somalia, Fed. Rep. ranked 4th globally.
Somalia's real interest rate has experienced significant fluctuations over the past 14 years, with the latest value standing at -18.46% in 1988, ranking fourth globally. The country's real interest rate peaked at -3.05% in 1977 and hit a trough of -43.30% in 1980. A comparison with peer countries reveals that Somalia's interest rate is relatively closer to Sierra Leone's -22.09% than Botswana's -12.11%. These fluctuations indicate a high degree of volatility in the country's monetary policy. The real interest rate in Somalia has generally trended downward since 1977, reflecting a decrease in the purchasing power of money. A persistent decline in the real interest rate may have implications for the country's economic growth and inflation. A potential shift in monetary policy or a change in the country's economic conditions could alter the trajectory of Somalia's real interest rate, potentially leading to a stabilization or even an increase in the rate in the future.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 1988 | -18.46% | −12.52pp | #4 |
| 1987 | -5.94% | +7.35pp | #8 |
| 1986 | -13.29% | −6.24pp | #6 |
| 1985 | -7.04% | +27.69pp | #7 |
| 1984 | -34.74% | −16.80pp | #1 |
| 1983 | -17.93% | −4.75pp | #3 |
| 1982 | -13.18% | −5.09pp | #2 |
| 1981 | -8.10% | +35.20pp | #2 |
| 1980 | -43.30% | −36.23pp | #1 |
| 1979 | -7.07% | −2.34pp | #9 |
| 1978 | -4.73% | −1.67pp | #5 |
| 1977 | -3.05% | +5.70pp | #6 |
| 1976 | -8.76% | −1.57pp | #1 |
| 1975 | -7.19% | – | #3 |
Analysis
Somalia, Fed. Rep.'s real interest rate was -18.46% in 1988, a decline of −12.52pp from 1987.
Frequently Asked Questions
Somalia, Fed. Rep.'s real interest rate was -18.46% in 1988. Ranked 4th globally. This represents a 210.7% decrease from the previous year.
Somalia, Fed. Rep.'s real interest rate peaked at -3.05% in 1977.
The lowest real interest rate in Somalia, Fed. Rep. was -43.30% in 1980.
Somalia, Fed. Rep. ranks 4th globally in real interest rate as of 1988.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
The real interest rate of Somalia, Fed. Rep. in 1988 was -18.46%. This ranks 4th in the world.
Cite this page
@misc{historysaid_somalia-fed-rep_real-interest-rate,
title = {Somalia, Fed. Rep. Real Interest Rate},
url = {https://historysaid.com/somalia-fed-rep/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}