Azerbaijan - 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

Aggregation method: Weighted average

Periodicity: Annual

General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)