Money and quasi money (M2) as % of GDP - Central America & the Caribbean
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).
Description: The map below shows how Money and quasi money (M2) as % of GDP varies by country in Central America & the Caribbean. 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 region is St. Kitts and Nevis, with a value of 155.70. The country with the lowest value in the region is Dominican Republic, with a value of 34.95.
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 M2 divided by current-year GDP times 100.