Rwanda vs Somalia: Net acquisition of financial assets
Net acquisition of financial assets over time
- Rwanda
- Somalia
How they compare
Somalia currently reports 462.96 billion current LCU against 296.82 billion current LCU in Rwanda, a difference of 166.14 billion current LCU.
That makes Somalia's figure about 1.6 times Rwanda's.
The two have swapped places 3 times across 7 shared years of data; in 2017 it was Rwanda ahead.
Rwanda ranks 21st and Somalia ranks 19th of 134 countries.
Across the 2 decades both report, Rwanda averaged higher in 1 and Somalia in 1.
Head to head by decade
| Decade | Rwanda | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 192.97 billion current LCU | 280.84 billion current LCU | 87.87 billion current LCU | Somalia |
| 2020s | 510.03 billion current LCU | 370.74 billion current LCU | 139.29 billion current LCU | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Rwanda or Somalia?
- Somalia, at 462.96 billion current LCU against 296.82 billion current LCU in Rwanda as of 2024.
- What is the difference in net acquisition of financial assets between Rwanda and Somalia?
- 166.14 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Rwanda and Somalia?
- 7 years are reported by both, from 2017 to 2023.
- How do Rwanda and Somalia rank globally for net acquisition of financial assets?
- Rwanda ranks 21st and Somalia ranks 19th of 134 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net acquisition of financial assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.