Venezuela - Money and quasi money

Money and quasi money (M2) (current LCU)

The value for Money and quasi money (M2) (current LCU) in Venezuela was 497,076,000,000 as of 2011. As the graph below shows, over the past 51 years this indicator reached a maximum value of 497,076,000,000 in 2011 and a minimum value of 5,265,000 in 1960.

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). Data are in current local currency.

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

Year Value
1960 5,265,000
1961 5,327,000
1962 5,410,000
1963 6,288,900
1964 7,310,000
1965 7,905,800
1966 7,903,200
1967 8,973,800
1968 9,829,100
1969 10,897,300
1970 11,741,800
1971 13,706,000
1972 16,405,000
1973 19,633,100
1974 26,626,900
1975 40,816,100
1976 50,337,800
1977 63,241,700
1978 72,942,200
1979 78,408,900
1980 91,973,500
1981 104,343,000
1982 113,260,000
1983 139,990,100
1984 165,546,700
1985 181,537,100
1986 205,000,600
1987 243,090,100
1988 292,631,900
1989 415,335,000
1990 684,806,000
1991 1,010,456,000
1992 1,189,734,000
1993 1,493,682,000
1994 2,522,695,000
1995 3,445,030,000
1996 5,815,468,000
1997 9,045,876,000
1998 9,713,201,000
1999 11,818,400,000
2000 15,805,230,000
2001 16,641,710,000
2002 19,585,200,000
2003 32,133,240,000
2004 45,013,440,000
2005 68,604,270,000
2006 120,251,000,000
2007 154,865,000,000
2008 195,161,000,000
2009 251,451,000,000
2010 321,815,000,000
2011 497,076,000,000

Money and quasi money (M2) as % of GDP

Money and quasi money (M2) as % of GDP in Venezuela was 36.62 as of 2011. Its highest value over the past 51 years was 43.05 in 1986, while its lowest value was 16.36 in 1962.

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).

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 18.26
1961 17.82
1962 16.36
1963 17.61
1964 18.23
1965 18.50
1966 17.59
1967 19.26
1968 19.26
1969 20.53
1970 20.31
1971 21.30
1972 23.42
1973 23.46
1974 21.36
1975 30.32
1976 32.35
1977 34.80
1978 36.54
1979 32.76
1980 31.92
1981 32.20
1982 34.40
1983 41.45
1984 42.16
1985 41.78
1986 43.05
1987 36.97
1988 34.54
1989 28.42
1990 31.05
1991 34.38
1992 29.76
1993 28.30
1994 30.05
1995 26.01
1996 20.41
1997 21.57
1998 19.42
1999 19.91
2000 19.84
2001 18.71
2002 18.16
2003 23.94
2004 21.16
2005 22.56
2006 30.53
2007 31.31
2008 28.80
2009 35.55
2010 31.65
2011 36.62

Money and quasi money (M2) to total reserves ratio

Money and quasi money (M2) to total reserves ratio in Venezuela was 4.15 as of 2011. Its highest value over the past 51 years was 4.20 in 2010, while its lowest value was 0.77 in 1974.

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 is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices.

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

See also:

Year Value
1960 2.55
1961 2.74
1962 2.77
1963 2.52
1964 2.00
1965 2.17
1966 2.28
1967 2.31
1968 2.21
1969 2.62
1970 2.52
1971 1.95
1972 1.84
1973 1.43
1974 0.77
1975 0.96
1976 1.22
1977 1.53
1978 1.97
1979 1.39
1980 1.60
1981 1.91
1982 2.23
1983 2.71
1984 1.90
1985 1.73
1986 2.32
1987 1.46
1988 2.59
1989 1.38
1990 1.15
1991 1.21
1992 1.30
1993 1.20
1994 1.36
1995 1.82
1996 0.87
1997 1.05
1998 1.20
1999 1.29
2000 1.46
2001 1.88
2002 1.39
2003 0.96
2004 1.02
2005 1.10
2006 1.53
2007 2.14
2008 2.11
2009 3.41
2010 4.20
2011 4.15

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)