Interest spread, which is the difference between interest rate on loans and deposits reached 13.0% in 1988 in Somalia, according to the National Central Bank. This is 127% more than in the previous year.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Somalia reached an all time high of 13.0% in 1988 and an all time low of 3.00% in 1975.
Somalia has been ranked 5th within the group of 87 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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