Contact Contacts
Broad money (% of GDP) — all countries

Broad money (% of GDP) — Lower-middle-income countries

Broad money (% of GDP) in lower-middle-income countries in 2023 — 52.13%. Since 1979, the indicator has risen by 16.92 pp.

2023 52.13% −11.28 pp vs 2022
World rank —
Period maximum 74.34%2020
Period minimum 31.8%1981

Trend over time

1979–2023 · % of GDP

Broad money (% of GDP) — Lower-middle-income countries, 1979–20232040608019791984198919941999200420092014201920231979: 35.21%1980: 36.89%1981: 31.8%1982: 34.07%1983: 36.92%1984: 34.62%1985: 35.67%1986: 44.33%1987: 43.01%1988: 43.58%1989: 43.6%1990: 41.57%1991: 40.56%1992: 41.81%1993: 40.65%1994: 41.84%1995: 38.13%1996: 37.72%1997: 39.79%1998: 40.63%1999: 46.81%2000: 47.64%2001: 50.79%2002: 52.73%2003: 53.24%2004: 53.02%2005: 53.56%2006: 55.8%2007: 59.68%2008: 59.81%2009: 64.39%2010: 63.3%2011: 61.66%2012: 61.63%2013: 62.35%2014: 63.78%2015: 67.34%2016: 69.54%2017: 67.79%2018: 65.51%2019: 65.33%2020: 74.34%2021: 72.28%2022: 63.42%2023: 52.13%
Change over the period: +16.92 pp Annual average: 0.38 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Lower-middle-income countries

Lower-middle-income countries 52.13%
World 135.57%
Broad money (% of GDP) — Lower-middle-income countries, by year Lower-middle-income countries All countries CSV XLSX
Year % Change, pp
2023 52.13 −11.28 pp
2022 63.42 −8.87 pp
2021 72.28 −2.06 pp
2020 74.34 +9.01 pp
2019 65.33 −0.18 pp
2018 65.51 −2.28 pp
2017 67.79 −1.75 pp
2016 69.54 +2.2 pp
2015 67.34 +3.56 pp
2014 63.78 +1.43 pp
2013 62.35 +0.72 pp
2012 61.63 −0.03 pp
2011 61.66 −1.64 pp
2010 63.3 −1.09 pp
2009 64.39 +4.58 pp
2008 59.81 +0.13 pp
2007 59.68 +3.88 pp
2006 55.8 +2.24 pp
2005 53.56 +0.55 pp
2004 53.02 −0.23 pp
2003 53.24 +0.51 pp
2002 52.73 +1.95 pp
2001 50.79 +3.14 pp
2000 47.64 +0.83 pp
1999 46.81 +6.19 pp
1998 40.63 +0.83 pp
1997 39.79 +2.08 pp
1996 37.72 −0.42 pp
1995 38.13 −3.71 pp
1994 41.84 +1.19 pp
1993 40.65 −1.16 pp
1992 41.81 +1.25 pp
1991 40.56 −1.01 pp
1990 41.57 −2.03 pp
1989 43.6 +0.02 pp
1988 43.58 +0.57 pp
1987 43.01 −1.32 pp
1986 44.33 +8.66 pp
1985 35.67 +1.05 pp
1984 34.62 −2.31 pp
1983 36.92 +2.85 pp
1982 34.07 +2.27 pp
1981 31.8 −5.08 pp
1980 36.89 +1.68 pp
1979 35.21 —

About the indicator

Broad money, an aggregate close to M2/M3, as a percent of GDP: currency outside banks, demand deposits, time and savings deposits and, in a number of countries, short-term securities. The ratio to GDP is conventionally read as a measure of monetization and of the depth of the financial system, not as an indicator of inflationary pressure.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for lower-middle-income countries

Finance Credit to the private sector

The volume of bank lending to businesses and households as a percent of GDP.

Lower-middle-income countries by year Economy Consumer price inflation

The annual change in the consumer price index, in percent.

Lower-middle-income countries by year Finance Current account balance

The balance of a country's external transactions as a percent of GDP: surplus or deficit.

Lower-middle-income countries by year Finance Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

Lower-middle-income countries by year
All indicators for lower-middle-income countries