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DataBank

Metadata Glossary

CodeFM.LBL.BMNY.GD.ZS
Indicator NameBroad money (% of GDP)
Long definitionBroad 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.
SourceInternational Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
TopicFinancial Sector: Monetary holdings (liabilities)
PeriodicityAnnual
Aggregation methodWeighted average
General commentsThe derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.
License URLhttps://datacatalog.worldbank.org/public-licenses#cc-by
License TypeCC BY-4.0
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