Samoa - Broad money growth (annual %)

The value for Broad money growth (annual %) in Samoa was 5.39 as of 2020. As the graph below shows, over the past 58 years this indicator reached a maximum value of 67.23 in 1981 and a minimum value of -12.25 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.

See also:

Year Value
1962 18.48
1963 6.65
1964 14.63
1965 -8.56
1966 2.43
1967 1.53
1968 13.26
1969 11.25
1970 10.65
1971 28.87
1972 12.24
1973 25.79
1974 18.20
1975 8.91
1976 21.59
1977 21.58
1978 11.29
1979 43.07
1980 32.57
1981 67.23
1982 35.20
1983 -12.25
1984 11.90
1985 20.43
1986 20.52
1987 27.71
1988 7.77
1989 16.72
1990 19.25
1991 -1.88
1992 0.72
1993 1.44
1994 13.85
1995 24.36
1996 6.28
1997 15.15
1998 2.48
1999 15.73
2000 16.33
2001 6.10
2002 10.21
2003 13.96
2004 8.32
2005 15.65
2006 13.75
2007 11.01
2008 7.37
2009 8.92
2010 6.41
2011 -6.13
2012 -1.64
2013 6.39
2014 9.62
2015 6.04
2016 9.16
2017 15.21
2018 8.76
2019 4.64
2020 5.39

Limitations and Exceptions: 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. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries.

Statistical Concept and Methodology: Money and the financial accounts that record the supply of money lie at the heart of a country’s financial system. There are several commonly used definitions of the money supply. The narrowest, M1, encompasses currency held by the public and demand deposits with banks. M2 includes M1 plus time and savings deposits with banks that require prior notice for withdrawal. M3 includes M2 as well as various money market instruments, such as certificates of deposit issued by banks, bank deposits denominated in foreign currency, and deposits with financial institutions other than banks. However defined, money is a liability of the banking system, distinguished from other bank liabilities by the special role it plays as a medium of exchange, a unit of account, and a store of value.

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)