Panama - Broad money (% of GDP)
Broad money (% of GDP) in Panama was 77.92 as of 2008. Its highest value over the past 48 years was 81.29 in 2006, while its lowest value was 12.57 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 | 13.09 |
1961 | 12.57 |
1962 | 13.33 |
1963 | 15.32 |
1964 | 13.52 |
1965 | 14.63 |
1966 | 16.03 |
1967 | 17.47 |
1968 | 18.56 |
1969 | 16.09 |
1970 | 18.97 |
1971 | 19.83 |
1972 | 23.48 |
1973 | 23.23 |
1974 | 24.26 |
1975 | 26.53 |
1976 | 26.68 |
1977 | 29.23 |
1978 | 29.42 |
1979 | 31.73 |
1980 | 31.88 |
1981 | 33.50 |
1982 | 34.14 |
1983 | 33.95 |
1984 | 34.91 |
1985 | 34.70 |
1986 | 35.25 |
1987 | 33.88 |
1988 | 28.65 |
1989 | 27.98 |
1990 | 35.18 |
1991 | 42.28 |
1992 | 46.71 |
1993 | 50.87 |
1994 | 55.22 |
1995 | 58.54 |
1996 | 60.93 |
1997 | 64.06 |
1998 | 68.26 |
1999 | 70.66 |
2000 | 76.11 |
2001 | 80.82 |
2002 | 76.43 |
2003 | 75.08 |
2004 | 73.99 |
2005 | 73.65 |
2006 | 81.29 |
2007 | 80.33 |
2008 | 77.92 |
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)