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)