Uruguay - Quasi liquid liabilities
Quasi-liquid liabilities (% of GDP)
Quasi-liquid liabilities (% of GDP) in Uruguay was 21.31 as of 2011. Its highest value over the past 10 years was 45.81 in 2002, while its lowest value was 20.99 in 2010.
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).
Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
Topic: Financial Sector Indicators
Sub-Topic: Monetary holdings (liabilities)