Grenada - Broad money (% of GDP)

Broad money (% of GDP) in Grenada was 94.50 as of 2020. Its highest value over the past 43 years was 106.23 in 2004, while its lowest value was 36.63 in 1983.

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
1977 46.50
1978 45.03
1979 44.70
1980 43.73
1981 45.20
1982 40.28
1983 36.63
1984 37.77
1985 39.13
1986 44.81
1987 43.68
1988 48.62
1989 45.86
1990 48.28
1991 47.04
1992 48.64
1993 60.01
1994 64.31
1995 67.51
1996 69.22
1997 71.27
1998 70.38
1999 74.11
2000 78.17
2001 86.73
2002 92.34
2003 89.57
2004 106.23
2005 85.78
2006 87.35
2007 90.24
2008 87.11
2009 96.40
2010 99.47
2011 98.85
2012 91.42
2013 90.06
2014 88.38
2015 86.72
2016 85.09
2017 82.73
2018 87.22
2019 82.19
2020 94.50

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)