Armenia - Broad money (% of GDP)

Broad money (% of GDP) in Armenia was 54.39 as of 2020. Its highest value over the past 28 years was 79.87 in 1992, while its lowest value was 7.71 in 1995.

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
1992 79.87
1993 69.11
1994 13.10
1995 7.71
1996 8.22
1997 8.73
1998 10.05
1999 11.08
2000 14.70
2001 13.45
2002 15.55
2003 14.39
2004 14.99
2005 16.30
2006 18.29
2007 21.95
2008 19.84
2009 25.94
2010 26.34
2011 29.83
2012 31.56
2013 33.92
2014 34.67
2015 36.79
2016 43.02
2017 46.42
2018 46.12
2019 47.15
2020 54.39

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)