Benin - Broad money

Broad money (current LCU)

The value for Broad money (current LCU) in Benin was 2,751,890,000,000 as of 2020. As the graph below shows, over the past 58 years this indicator reached a maximum value of 2,751,890,000,000 in 2020 and a minimum value of 5,850,000,000 in 1962.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1962 5,850,000,000
1963 6,060,000,000
1964 6,130,000,000
1965 6,150,000,000
1966 6,460,000,000
1967 6,320,000,000
1968 7,299,000,000
1969 8,553,000,000
1970 10,028,000,000
1971 12,263,000,000
1972 13,897,000,000
1973 14,786,000,000
1974 18,449,000,000
1975 31,859,000,000
1976 30,631,000,000
1977 34,918,000,000
1978 39,017,000,000
1979 40,741,000,000
1980 60,681,000,000
1981 75,436,000,000
1982 98,438,000,000
1983 97,000,000,000
1984 111,716,000,000
1985 111,620,000,000
1986 109,142,000,000
1987 96,814,000,000
1988 97,862,100,000
1989 104,192,000,000
1990 134,024,000,000
1991 148,323,000,000
1992 176,079,000,000
1993 170,620,000,000
1994 252,349,000,000
1995 247,714,000,000
1996 279,978,000,000
1997 292,969,000,000
1998 282,537,000,000
1999 380,836,000,000
2000 479,719,000,000
2001 483,265,000,000
2002 426,006,000,000
2003 520,767,000,000
2004 458,116,000,000
2005 535,356,000,000
2006 681,118,000,000
2007 809,796,000,000
2008 1,015,660,000,000
2009 1,097,020,000,000
2010 1,204,200,000,000
2011 1,317,160,000,000
2012 1,415,430,000,000
2013 1,660,760,000,000
2014 1,965,530,000,000
2015 2,086,150,000,000
2016 2,089,810,000,000
2017 2,111,620,000,000
2018 2,212,960,000,000
2019 2,345,990,000,000
2020 2,751,890,000,000

Broad money (% of GDP)

Broad money (% of GDP) in Benin was 30.55 as of 2020. Its highest value over the past 58 years was 30.98 in 2015, while its lowest value was 8.39 in 1967.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1962 10.10
1963 9.74
1964 9.27
1965 8.66
1966 8.68
1967 8.39
1968 9.03
1969 9.95
1970 10.87
1971 13.29
1972 13.44
1973 13.15
1974 13.82
1975 21.96
1976 18.35
1977 18.95
1978 18.62
1979 16.15
1980 20.44
1981 21.50
1982 23.63
1983 23.24
1984 24.32
1985 23.76
1986 23.59
1987 20.62
1988 20.28
1989 21.74
1990 25.12
1991 26.47
1992 29.62
1993 26.49
1994 28.44
1995 22.87
1996 23.18
1997 22.13
1998 19.51
1999 16.83
2000 19.19
2001 18.00
2002 14.64
2003 16.79
2004 14.03
2005 15.46
2006 18.53
2007 20.71
2008 23.27
2009 23.95
2010 25.52
2011 26.14
2012 24.88
2013 26.86
2014 29.97
2015 30.98
2016 29.83
2017 28.63
2018 27.93
2019 27.82
2020 30.55

Broad money growth (annual %)

The value for Broad money growth (annual %) in Benin was 17.30 as of 2020. As the graph below shows, over the past 57 years this indicator reached a maximum value of 72.69 in 1975 and a minimum value of -12.03 in 2004.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1963 3.59
1964 1.16
1965 0.33
1966 5.04
1967 -2.17
1968 15.49
1969 17.18
1970 17.25
1971 22.29
1972 13.32
1973 6.40
1974 24.77
1975 72.69
1976 -3.85
1977 14.00
1978 11.74
1979 4.42
1980 48.94
1981 24.32
1982 30.49
1983 -1.46
1984 15.17
1985 -0.09
1986 -2.22
1987 -11.30
1988 1.08
1989 6.47
1990 28.63
1991 10.67
1992 18.71
1993 -3.10
1994 47.90
1995 -1.84
1996 13.03
1997 4.64
1998 -3.56
1999 34.79
2000 25.96
2001 0.74
2002 -11.85
2003 22.24
2004 -12.03
2005 16.86
2006 27.23
2007 18.89
2008 25.42
2009 8.01
2010 9.77
2011 9.38
2012 7.46
2013 17.33
2014 18.35
2015 6.14
2016 0.18
2017 1.04
2018 4.80
2019 6.01
2020 17.30

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)