Broad money (% of GDP)
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.
Description: The map below shows how Broad money (% of GDP) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Hong Kong SAR, China, with a value of 362.04. The country with the lowest value in the world is Dem. Rep. Congo, with a value of 12.94.
Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
Aggregation method: Weighted average
General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.