Suriname - Broad money growth (annual %)

The value for Broad money growth (annual %) in Suriname was 62.05 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 205.56 in 1994 and a minimum value of 4.23 in 1990.

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
1968 14.40
1969 17.39
1970 10.74
1971 13.81
1972 13.13
1973 22.93
1974 7.17
1975 19.08
1976 37.07
1977 18.90
1978 16.16
1979 11.75
1980 7.83
1981 19.70
1982 11.18
1983 10.98
1984 20.52
1985 32.39
1986 25.38
1987 28.19
1988 23.65
1989 18.34
1990 4.23
1991 23.70
1992 19.47
1993 65.97
1994 205.56
1995 181.70
1996 38.55
1997 19.05
1998 38.02
1999 37.85
2000 80.55
2001 28.16
2002 116.75
2003 19.87
2004 32.41
2005 11.14
2006 27.14
2007 28.79
2008 20.87
2009 14.89
2010 10.68
2011 21.46
2012 21.14
2013 11.07
2014 5.45
2015 11.75
2016 52.21
2017 8.70
2018 9.06
2019 5.69
2020 62.05

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)