Broad money (annual % growth) by country

What this measures

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Limitations: 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.

Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.

Ranking

More financial sector indicators

• S&P Global Equity Indices (annual % change)
• Market capitalization of listed domestic companies (current US$)
• Market capitalization of listed domestic companies (% of GDP)
• Listed domestic companies, total
• Stocks traded, total value (current US$)
• Stocks traded, total value (% of GDP)
• Stocks traded, turnover ratio of domestic shares (%)
• Bank nonperforming loans to total gross loans (%)
• Automated teller machines (ATMs) (per 100,000 adults)
• Bank capital to assets ratio (%)
• Commercial bank branches (per 100,000 adults)
• Borrowers from commercial banks (per 1,000 adults)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read

Source

World Bank, World Development Indicators, FM.LBL.BMNY.ZG, CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.