Mauritius - Broad money growth (annual %)

The value for Broad money growth (annual %) in Mauritius was 16.88 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 77.39 in 1974 and a minimum value of -9.04 in 1965.

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 11.16
1962 -5.47
1963 31.24
1964 2.29
1965 -9.04
1966 10.94
1967 4.08
1968 5.37
1969 26.42
1970 13.28
1971 15.73
1972 25.98
1973 29.25
1974 77.39
1975 22.91
1976 6.64
1977 13.80
1978 21.68
1979 8.50
1980 22.38
1981 3.92
1982 23.32
1983 10.06
1984 14.15
1985 31.12
1986 28.75
1987 29.38
1988 28.49
1989 15.42
1990 21.04
1991 21.73
1992 15.79
1993 16.97
1994 12.25
1995 18.58
1996 7.54
1997 16.40
1998 11.21
1999 15.13
2000 9.24
2001 11.14
2002 12.64
2003 25.05
2004 18.85
2005 6.57
2006 9.54
2007 15.32
2008 14.62
2009 2.37
2010 6.91
2011 6.43
2012 8.16
2013 5.78
2014 8.74
2015 10.17
2016 9.08
2017 9.27
2018 6.28
2019 8.48
2020 16.88

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)