Guinea - Broad money (% of GDP)

Broad money (% of GDP) in Guinea was 23.97 as of 2020. Its highest value over the past 29 years was 27.16 in 2011, while its lowest value was 8.68 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, and World Bank and OECD GDP estimates.

See also:

Year Value
1991 9.17
1992 8.68
1993 10.07
1994 9.22
1995 9.26
1996 9.04
1997 10.02
1998 9.97
2000 11.68
2001 12.50
2002 14.16
2003 16.07
2004 18.39
2005 18.69
2006 17.90
2007 12.93
2008 14.73
2009 17.37
2010 26.44
2011 27.16
2012 20.86
2013 21.81
2014 23.40
2015 24.86
2016 23.97
2017 23.02
2018 22.20
2019 23.59
2020 23.97

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)