Azerbaijan - Broad money

Broad money (current LCU)

The value for Broad money (current LCU) in Azerbaijan was 29,185,810,000 as of 2020. As the graph below shows, over the past 28 years this indicator reached a maximum value of 29,185,810,000 in 2020 and a minimum value of 1,860,280 in 1992.

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.

Year Value
1992 1,860,280
1993 17,222,770
1994 209,523,200
1995 262,783,200
1996 307,700,000
1997 435,165,400
1998 369,145,100
1999 443,230,800
2000 768,617,300
2001 687,393,500
2002 786,909,500
2003 1,020,860,000
2004 1,505,884,000
2005 1,838,723,000
2006 3,434,967,000
2007 5,897,261,000
2008 8,494,227,000
2009 8,469,183,000
2010 10,527,490,000
2011 13,903,180,000
2012 16,775,300,000
2013 19,289,830,000
2014 21,566,630,000
2015 21,318,890,000
2016 20,890,200,000
2017 22,772,070,000
2018 24,060,390,000
2019 28,866,310,000
2020 29,185,810,000

Broad money (% of GDP)

Broad money (% of GDP) in Azerbaijan was 40.29 as of 2020. Its highest value over the past 28 years was 55.92 in 1994, while its lowest value was 10.73 in 1998.

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, and World Bank and OECD GDP estimates.

See also:

Year Value
1992 38.59
1993 54.85
1994 55.92
1995 12.32
1996 11.26
1997 13.78
1998 10.73
1999 11.74
2000 16.29
2001 12.93
2002 12.98
2003 14.28
2004 17.65
2005 14.68
2006 18.32
2007 20.79
2008 21.16
2009 23.79
2010 24.79
2011 26.69
2012 30.64
2013 33.15
2014 36.54
2015 39.20
2016 34.57
2017 32.38
2018 30.04
2019 35.25
2020 40.29

Broad money to total reserves ratio

Broad money to total reserves ratio in Azerbaijan was 2.25 as of 2020. Its highest value over the past 27 years was 1,459.37 in 1993, while its lowest value was 0.80 in 1999.

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
1993 1,459.37
1994 328.02
1995 2.46
1996 1.67
1997 1.17
1998 1.06
1999 0.80
2000 1.26
2001 1.02
2002 1.12
2003 1.29
2004 1.43
2005 1.65
2006 1.54
2007 1.61
2008 1.60
2009 1.96
2010 2.05
2011 1.71
2012 1.89
2013 1.62
2014 1.74
2015 2.84
2016 1.99
2017 1.98
2018 2.12
2019 2.41
2020 2.25

Broad money growth (annual %)

The value for Broad money growth (annual %) in Azerbaijan was 1.11 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 1,116.55 in 1994 and a minimum value of -15.17 in 1998.

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
1993 825.82
1994 1,116.55
1995 25.42
1996 17.09
1997 41.43
1998 -15.17
1999 20.07
2000 73.41
2001 -10.57
2002 14.48
2003 29.73
2004 47.51
2005 22.10
2006 86.81
2007 71.68
2008 44.04
2009 -0.29
2010 24.30
2011 32.07
2012 20.66
2013 14.99
2014 11.80
2015 -1.15
2016 -2.01
2017 9.01
2018 5.66
2019 19.97
2020 1.11

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)