Jamaica - Broad money (% of GDP)

Broad money (% of GDP) in Jamaica was 71.71 as of 2020. Its highest value over the past 60 years was 72.65 in 1988, while its lowest value was 17.73 in 1961.

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
1960 20.35
1961 17.73
1962 22.82
1963 24.44
1964 24.79
1965 24.64
1966 25.14
1967 26.48
1968 31.72
1969 34.16
1970 33.34
1971 37.61
1972 37.84
1973 39.10
1974 41.44
1975 37.81
1976 38.55
1977 39.36
1978 36.41
1979 36.13
1980 42.66
1981 45.34
1982 56.05
1983 60.16
1984 51.12
1985 54.40
1986 62.11
1987 61.09
1988 72.65
1989 66.42
1990 61.95
1991 60.52
1992 57.27
1993 44.48
1994 43.03
1995 42.98
1996 44.30
1997 47.59
1998 47.81
1999 48.31
2000 40.28
2001 46.54
2002 47.84
2003 45.89
2004 46.67
2005 44.52
2006 45.90
2007 46.59
2008 43.50
2009 44.76
2010 43.68
2011 42.54
2012 43.66
2013 45.20
2014 44.81
2015 47.21
2016 50.47
2017 52.39
2018 53.79
2019 56.50
2020 71.71

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)