Honduras - Broad money growth (annual %)

The value for Broad money growth (annual %) in Honduras was 18.38 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 61.16 in 1997 and a minimum value of -1.64 in 1985.

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
1961 4.73
1962 12.62
1963 9.20
1964 11.79
1965 17.33
1966 11.85
1967 2.40
1968 13.86
1969 18.98
1970 14.22
1971 10.64
1972 13.99
1973 21.91
1974 2.89
1975 12.51
1976 30.94
1977 20.87
1978 20.59
1979 8.89
1980 9.58
1981 8.92
1982 19.64
1983 17.08
1984 10.69
1985 -1.64
1986 9.24
1987 22.36
1988 13.83
1989 13.33
1990 20.58
1991 18.58
1992 24.71
1993 11.40
1994 28.27
1995 28.89
1996 38.85
1997 61.16
1998 20.27
1999 19.41
2000 15.42
2001 24.32
2002 12.77
2003 12.14
2004 18.07
2005 17.33
2006 21.59
2007 16.62
2008 4.86
2009 0.57
2010 9.79
2011 12.39
2012 6.98
2013 8.27
2014 13.24
2015 7.81
2016 15.76
2017 12.77
2018 7.37
2019 11.61
2020 18.38

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)