Quasi-liquid liabilities (% of GDP)
Definition: Quasi-liquid liabilities are the sum of currency and deposits in the central bank (M0), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements, plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents. They equal the M3 money supply less transferable deposits and electronic currency (M1).
Description: The map below shows how Quasi-liquid liabilities (% 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 Cyprus, with a value of 122.05. The country with the lowest value in the world is Solomon Islands, with a value of -2.48.
Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
Aggregation method: Weighted average