Benin - Broad money (% of GDP)

Broad money (% of GDP) in Benin was 30.55 as of 2020. Its highest value over the past 58 years was 30.98 in 2015, while its lowest value was 8.39 in 1967.

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
1962 10.10
1963 9.74
1964 9.27
1965 8.66
1966 8.68
1967 8.39
1968 9.03
1969 9.95
1970 10.87
1971 13.29
1972 13.44
1973 13.15
1974 13.82
1975 21.96
1976 18.35
1977 18.95
1978 18.62
1979 16.15
1980 20.44
1981 21.50
1982 23.63
1983 23.24
1984 24.32
1985 23.76
1986 23.59
1987 20.62
1988 20.28
1989 21.74
1990 25.12
1991 26.47
1992 29.62
1993 26.49
1994 28.44
1995 22.87
1996 23.18
1997 22.13
1998 19.51
1999 16.83
2000 19.19
2001 18.00
2002 14.64
2003 16.79
2004 14.03
2005 15.46
2006 18.53
2007 20.71
2008 23.27
2009 23.95
2010 25.52
2011 26.14
2012 24.88
2013 26.86
2014 29.97
2015 30.98
2016 29.83
2017 28.63
2018 27.93
2019 27.82
2020 30.55

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)