Micronesia - Broad money

Broad money (current LCU)

The value for Broad money (current LCU) in Micronesia was 287,959,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 287,959,000 in 2020 and a minimum value of 90,795,000 in 2006.

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.

Year Value
1995 107,834,000
1996 101,595,000
1997 105,461,000
1998 106,217,000
1999 109,817,000
2000 108,767,000
2001 115,260,000
2002 101,463,000
2003 97,663,000
2004 97,608,000
2005 99,182,000
2006 90,795,000
2007 94,941,000
2008 98,004,000
2009 113,962,000
2010 113,889,000
2011 118,383,000
2012 134,807,000
2013 145,775,000
2014 194,386,000
2015 178,273,000
2016 217,563,000
2017 240,929,000
2018 246,544,000
2019 249,039,000
2020 287,959,000

Broad money (% of GDP)

Broad money (% of GDP) in Micronesia was 70.22 as of 2020. Its highest value over the past 25 years was 70.22 in 2020, while its lowest value was 35.81 in 2006.

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
1995 48.67
1996 46.49
1997 51.04
1998 48.53
1999 49.88
2000 46.63
2001 47.83
2002 41.84
2003 39.79
2004 40.63
2005 39.63
2006 35.81
2007 36.97
2008 37.24
2009 40.66
2010 38.35
2011 38.03
2012 41.19
2013 45.95
2014 60.88
2015 56.33
2016 65.48
2017 65.71
2018 61.34
2019 61.03
2020 70.22

Broad money to total reserves ratio

Broad money to total reserves ratio in Micronesia was 0.64 as of 2020. Its highest value over the past 25 years was 2.45 in 2008, while its lowest value was 0.63 in 2019.

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
1995 1.55
1996 1.13
1997 1.23
1998 1.05
1999 1.19
2000 0.96
2001 1.17
2002 0.86
2003 1.09
2004 1.78
2005 1.99
2006 1.95
2007 1.96
2008 2.45
2009 2.05
2010 2.04
2011 1.58
2012 1.76
2013 1.73
2014 1.70
2015 1.32
2016 1.39
2017 1.18
2018 1.21
2019 0.63
2020 0.64

Broad money growth (annual %)

The value for Broad money growth (annual %) in Micronesia was 15.63 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 33.35 in 2014 and a minimum value of -11.97 in 2002.

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
1996 -5.79
1997 3.81
1998 0.72
1999 3.39
2000 -0.96
2001 5.97
2002 -11.97
2003 -3.75
2004 -0.06
2005 1.61
2006 -8.46
2007 4.57
2008 3.23
2009 16.28
2010 -0.06
2011 3.95
2012 13.87
2013 8.14
2014 33.35
2015 -8.29
2016 22.04
2017 10.74
2018 2.33
2019 1.01
2020 15.63

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)