Micronesia - Broad money (% of GDP)
Broad money (% of GDP) in Micronesia was 70.22 as of 2020. Its highest value over the past 25 years was 70.22 in 2020, while its lowest value was 35.81 in 2006.
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 | 48.67 |
1996 | 46.49 |
1997 | 51.04 |
1998 | 48.53 |
1999 | 49.88 |
2000 | 46.63 |
2001 | 47.83 |
2002 | 41.84 |
2003 | 39.79 |
2004 | 40.63 |
2005 | 39.63 |
2006 | 35.81 |
2007 | 36.97 |
2008 | 37.24 |
2009 | 40.66 |
2010 | 38.35 |
2011 | 38.03 |
2012 | 41.19 |
2013 | 45.95 |
2014 | 60.88 |
2015 | 56.33 |
2016 | 65.48 |
2017 | 65.71 |
2018 | 61.34 |
2019 | 61.03 |
2020 | 70.22 |
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)