Equatorial Guinea - Liquid liabilities
Liquid liabilities (M3) as % of GDP
Definition: Liquid liabilities are also known as M3. They are the sum of currency and deposits in the central bank (M0), plus transferable deposits and electronic currency (M1), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements (M2), plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents.
Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
Topic: Financial Sector Indicators
Sub-Topic: Monetary holdings (liabilities)