Montenegro - Broad money
Broad money (current LCU)
The value for Broad money (current LCU) in Montenegro was 2,484,415,000 as of 2020. As the graph below shows, over the past 18 years this indicator reached a maximum value of 2,624,969,000 in 2018 and a minimum value of 153,319,700 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.
| Year | Value |
|---|---|
| 2002 | 153,319,700 |
| 2003 | 181,931,900 |
| 2004 | 222,843,600 |
| 2005 | 408,651,300 |
| 2006 | 895,586,300 |
| 2007 | 1,780,825,000 |
| 2008 | 1,600,752,000 |
| 2009 | 1,456,912,000 |
| 2010 | 1,504,013,000 |
| 2011 | 1,531,977,000 |
| 2012 | 1,653,175,000 |
| 2013 | 1,700,736,000 |
| 2014 | 1,857,384,000 |
| 2015 | 2,063,843,000 |
| 2016 | 2,252,946,000 |
| 2017 | 2,544,914,000 |
| 2018 | 2,624,969,000 |
| 2019 | 2,581,165,000 |
| 2020 | 2,484,415,000 |
Broad money (% of GDP)
Broad money (% of GDP) in Montenegro was 59.36 as of 2020. Its highest value over the past 18 years was 66.22 in 2007, while its lowest value was 11.27 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, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 2002 | 11.27 |
| 2003 | 12.05 |
| 2004 | 13.35 |
| 2005 | 22.52 |
| 2006 | 41.28 |
| 2007 | 66.22 |
| 2008 | 51.58 |
| 2009 | 48.66 |
| 2010 | 48.13 |
| 2011 | 46.92 |
| 2012 | 51.96 |
| 2013 | 50.58 |
| 2014 | 53.71 |
| 2015 | 56.47 |
| 2016 | 56.98 |
| 2017 | 59.20 |
| 2018 | 56.29 |
| 2019 | 52.14 |
| 2020 | 59.36 |
Broad money to total reserves ratio
Broad money to total reserves ratio in Montenegro was 1.33 as of 2020. Its highest value over the past 13 years was 5.43 in 2011, while its lowest value was 1.33 in 2020.
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 |
|---|---|
| 2007 | 3.54 |
| 2008 | 5.38 |
| 2009 | 3.53 |
| 2010 | 3.59 |
| 2011 | 5.43 |
| 2012 | 4.63 |
| 2013 | 3.87 |
| 2014 | 3.72 |
| 2015 | 3.36 |
| 2016 | 3.14 |
| 2017 | 2.82 |
| 2018 | 2.58 |
| 2019 | 1.89 |
| 2020 | 1.33 |
Broad money growth (annual %)
The value for Broad money growth (annual %) in Montenegro was -3.75 as of 2020. As the graph below shows, over the past 17 years this indicator reached a maximum value of 119.16 in 2006 and a minimum value of -10.11 in 2008.
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 |
|---|---|
| 2003 | 18.66 |
| 2004 | 22.49 |
| 2005 | 83.38 |
| 2006 | 119.16 |
| 2007 | 98.84 |
| 2008 | -10.11 |
| 2009 | -8.99 |
| 2010 | 3.23 |
| 2011 | 1.86 |
| 2012 | 7.91 |
| 2013 | 2.88 |
| 2014 | 9.21 |
| 2015 | 11.12 |
| 2016 | 9.16 |
| 2017 | 12.96 |
| 2018 | 3.15 |
| 2019 | -1.67 |
| 2020 | -3.75 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Monetary holdings (liabilities)
