North Macedonia - Broad money (% of GDP)

Broad money (% of GDP) in North Macedonia was 65.70 as of 2020. Its highest value over the past 27 years was 70.21 in 1993, while its lowest value was 10.73 in 1996.

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
1993 70.21
1994 12.72
1995 11.19
1996 10.73
1997 12.61
1998 13.59
1999 16.64
2000 17.98
2001 29.52
2002 26.49
2003 30.20
2004 33.67
2005 35.47
2006 40.78
2007 47.57
2008 47.81
2009 48.64
2010 51.47
2011 52.82
2012 54.14
2013 51.66
2014 53.52
2015 54.40
2016 54.17
2017 54.52
2018 56.51
2019 58.33
2020 65.70

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)