Indonesia - Broad money growth (annual %)

The value for Broad money growth (annual %) in Indonesia was 10.03 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 62.76 in 1998 and a minimum value of 4.76 in 2002.

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
1970 39.57
1971 42.68
1972 44.32
1973 49.47
1974 47.27
1975 37.25
1976 31.20
1977 19.50
1978 21.62
1979 36.97
1980 49.00
1981 26.34
1982 14.07
1983 32.16
1984 22.64
1985 29.06
1986 19.48
1987 22.79
1988 24.32
1989 38.17
1990 44.56
1991 17.53
1992 19.62
1993 20.06
1994 20.20
1995 27.52
1996 27.08
1997 25.25
1998 62.76
1999 12.23
2000 16.62
2001 11.87
2002 4.76
2003 7.94
2004 9.14
2005 16.34
2006 14.94
2007 19.33
2008 14.92
2009 12.95
2010 15.40
2011 16.43
2012 14.95
2013 12.78
2014 11.88
2015 9.00
2016 10.03

Limitations and Exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries.

Statistical Concept and Methodology: Money and the financial accounts that record the supply of money lie at the heart of a country’s financial system. There are several commonly used definitions of the money supply. The narrowest, M1, encompasses currency held by the public and demand deposits with banks. M2 includes M1 plus time and savings deposits with banks that require prior notice for withdrawal. M3 includes M2 as well as various money market instruments, such as certificates of deposit issued by banks, bank deposits denominated in foreign currency, and deposits with financial institutions other than banks. However defined, money is a liability of the banking system, distinguished from other bank liabilities by the special role it plays as a medium of exchange, a unit of account, and a store of value.

Periodicity: Annual


Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)