Paraguay - Broad money growth (annual %)

The value for Broad money growth (annual %) in Paraguay was 18.70 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 58.86 in 1989 and a minimum value of -2.20 in 1968.

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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1961 29.76
1962 5.16
1963 19.17
1964 26.48
1965 16.75
1966 7.94
1967 31.61
1968 -2.20
1969 17.27
1970 13.93
1971 12.83
1972 23.61
1973 28.99
1974 20.90
1975 26.23
1976 23.35
1977 31.48
1978 30.50
1979 24.20
1980 34.64
1981 19.45
1982 5.68
1983 16.74
1984 16.81
1985 20.80
1986 27.37
1987 35.00
1988 27.11
1989 58.86
1990 53.91
1991 49.75
1992 37.13
1993 27.93
1994 24.23
1995 0.53
1996 9.81
1997 5.21
1998 7.62
1999 12.85
2000 2.84
2001 39.57
2002 1.46
2003 10.92
2004 15.10
2005 11.07
2006 10.71
2007 29.93
2008 34.58
2009 20.99
2010 19.02
2011 16.09
2012 11.76
2013 20.94
2014 15.00
2015 13.20
2016 7.35
2017 10.66
2018 8.08
2019 9.56
2020 18.70

Limitations and Exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries.

Statistical Concept and Methodology: Money and the financial accounts that record the supply of money lie at the heart of a country’s financial system. There are several commonly used definitions of the money supply. The narrowest, M1, encompasses currency held by the public and demand deposits with banks. M2 includes M1 plus time and savings deposits with banks that require prior notice for withdrawal. M3 includes M2 as well as various money market instruments, such as certificates of deposit issued by banks, bank deposits denominated in foreign currency, and deposits with financial institutions other than banks. However defined, money is a liability of the banking system, distinguished from other bank liabilities by the special role it plays as a medium of exchange, a unit of account, and a store of value.

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)