Ethiopia - Money and quasi money
Money and quasi money (M2) (current LCU)
The value for Money and quasi money (M2) (current LCU) in Ethiopia was 84,987,960,000 as of 2008. As the graph below shows, over the past 48 years this indicator reached a maximum value of 84,987,960,000 in 2008 and a minimum value of 254,900,000 in 1960.
Definition: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Data are in current local currency.
Source: International Monetary Fund, International Financial Statistics and data files.
| Year | Value |
|---|---|
| 1960 | 254,900,000 |
| 1961 | 262,000,000 |
| 1962 | 291,400,000 |
| 1963 | 306,800,000 |
| 1964 | 384,840,000 |
| 1965 | 436,150,000 |
| 1966 | 463,340,000 |
| 1967 | 471,840,000 |
| 1968 | 524,750,000 |
| 1969 | 604,840,000 |
| 1970 | 639,730,000 |
| 1971 | 651,280,000 |
| 1972 | 755,900,000 |
| 1973 | 981,810,000 |
| 1974 | 1,134,620,000 |
| 1975 | 1,243,920,000 |
| 1976 | 1,402,880,000 |
| 1977 | 1,651,860,000 |
| 1978 | 1,861,450,000 |
| 1979 | 2,107,890,000 |
| 1980 | 2,196,490,000 |
| 1981 | 2,438,310,000 |
| 1982 | 2,689,390,000 |
| 1983 | 3,078,170,000 |
| 1984 | 3,377,910,000 |
| 1985 | 3,956,460,000 |
| 1986 | 4,407,140,000 |
| 1987 | 4,655,340,000 |
| 1988 | 5,170,940,000 |
| 1989 | 5,976,210,000 |
| 1990 | 7,163,930,000 |
| 1991 | 8,304,900,000 |
| 1992 | 9,568,750,000 |
| 1993 | 10,409,090,000 |
| 1994 | 12,821,380,000 |
| 1995 | 13,979,150,000 |
| 1996 | 15,243,600,000 |
| 1997 | 18,265,650,000 |
| 1998 | 18,065,920,000 |
| 1999 | 20,541,930,000 |
| 2000 | 23,227,550,000 |
| 2001 | 25,474,990,000 |
| 2002 | 29,534,210,000 |
| 2003 | 33,207,650,000 |
| 2004 | 39,604,930,000 |
| 2005 | 46,968,230,000 |
| 2006 | 56,358,900,000 |
| 2007 | 68,877,680,000 |
| 2008 | 84,987,960,000 |
Money and quasi money (M2) as % of GDP
Money and quasi money (M2) as % of GDP in Ethiopia was 30.98 as of 2008. Its highest value over the past 27 years was 42.72 in 2003, while its lowest value was 15.40 in 1981.
Definition: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS).
Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1981 | 15.40 |
| 1982 | 16.19 |
| 1983 | 16.38 |
| 1984 | 19.41 |
| 1985 | 18.83 |
| 1986 | 20.67 |
| 1987 | 20.95 |
| 1988 | 21.92 |
| 1989 | 23.64 |
| 1990 | 26.27 |
| 1991 | 27.96 |
| 1992 | 30.62 |
| 1993 | 26.68 |
| 1994 | 29.21 |
| 1995 | 28.18 |
| 1996 | 27.26 |
| 1997 | 29.00 |
| 1998 | 32.71 |
| 1999 | 32.84 |
| 2000 | 32.84 |
| 2001 | 35.80 |
| 2002 | 41.33 |
| 2003 | 42.72 |
| 2004 | 42.01 |
| 2005 | 40.66 |
| 2006 | 39.25 |
| 2007 | 36.41 |
| 2008 | 30.98 |
Money and quasi money (M2) to total reserves ratio
Money and quasi money (M2) to total reserves ratio in Ethiopia was 10.17 as of 2008. Its highest value over the past 48 years was 62.71 in 1990, while its lowest value was 1.74 in 1974.
Definition: Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1960 | 1.94 |
| 1961 | 1.92 |
| 1962 | 1.85 |
| 1963 | 2.46 |
| 1964 | 2.52 |
| 1965 | 2.26 |
| 1966 | 2.36 |
| 1967 | 2.92 |
| 1968 | 3.09 |
| 1969 | 3.37 |
| 1970 | 3.57 |
| 1971 | 3.75 |
| 1972 | 3.31 |
| 1973 | 2.40 |
| 1974 | 1.74 |
| 1975 | 1.91 |
| 1976 | 2.04 |
| 1977 | 3.06 |
| 1978 | 4.13 |
| 1979 | 3.19 |
| 1980 | 4.05 |
| 1981 | 3.18 |
| 1982 | 4.68 |
| 1983 | 7.23 |
| 1984 | 15.00 |
| 1985 | 8.83 |
| 1986 | 6.41 |
| 1987 | 10.05 |
| 1988 | 16.66 |
| 1989 | 23.46 |
| 1990 | 62.71 |
| 1991 | 37.69 |
| 1992 | 12.64 |
| 1993 | 4.16 |
| 1994 | 3.99 |
| 1995 | 2.79 |
| 1996 | 2.85 |
| 1997 | 4.63 |
| 1998 | 4.24 |
| 1999 | 4.73 |
| 2000 | 7.80 |
| 2001 | 6.15 |
| 2002 | 3.57 |
| 2003 | 4.04 |
| 2004 | 3.06 |
| 2005 | 5.20 |
| 2006 | 7.47 |
| 2007 | 5.96 |
| 2008 | 10.17 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Monetary holdings (liabilities)
