Eritrea - Broad money (% of GDP)

Broad money (% of GDP) in Eritrea was 176.79 as of 2014. Its highest value over the past 19 years was 176.79 in 2014, while its lowest value was 87.00 in 1995.

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
1995 87.00
1996 88.37
1997 100.95
1998 109.56
1999 145.71
2000 141.15
2001 149.29
2002 150.68
2003 146.14
2004 128.93
2005 129.24
2006 123.91
2007 127.66
2008 141.26
2009 121.52
2010 164.07
2011 144.76
2012 127.48
2013 135.96
2014 176.79

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)