Broad money (% of GDP) — all countries

Broad money (% of GDP) — Eastern Africa

Broad money (% of GDP) in Eastern Africa in 2024 — 39.69%. Since 1979, the indicator has risen by 18.61 pp.

2024 39.69% +5.74 pp vs 2023
World rank
Period maximum 40.58%2002
Period minimum 19.76%1983

Trend over time

1979–2024 · % of GDP

Broad money (% of GDP) — Eastern Africa, 1979–2024102030405019791984198919941999200420092014201920241979: 21.08%1980: 20.42%1981: 20.08%1982: 20.66%1983: 19.76%1984: 20.39%1985: 20.9%1986: 22.28%1987: 24.25%1988: 24.91%1989: 26.82%1990: 23.38%1991: 23.5%1992: 26.37%1993: 25.53%1994: 27.85%1995: 28.9%1996: 26.55%1997: 27.52%1998: 26.63%1999: 27.06%2000: 28.32%2001: 31.03%2002: 40.58%2003: 35.21%2004: 33%2005: 33.26%2006: 31.93%2007: 32.32%2008: 31.88%2009: 28.1%2010: 30.37%2011: 29.41%2012: 29.85%2013: 29.22%2014: 31.93%2015: 34.46%2016: 33.16%2017: 30.21%2018: 31.77%2019: 31.63%2020: 34.54%2021: 33.18%2022: 32.91%2023: 33.95%2024: 39.69%
Change over the period: +18.61 pp Annual average: 0.41 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Eastern Africa

Eastern Africa 39.69%
World 136.11%
Broad money (% of GDP) — Eastern Africa, by year Eastern Africa All countries CSV XLSX
Year % Change, pp
2024 39.69 +5.74 pp
2023 33.95 +1.04 pp
2022 32.91 −0.27 pp
2021 33.18 −1.36 pp
2020 34.54 +2.91 pp
2019 31.63 −0.15 pp
2018 31.77 +1.56 pp
2017 30.21 −2.95 pp
2016 33.16 −1.3 pp
2015 34.46 +2.52 pp
2014 31.93 +2.71 pp
2013 29.22 −0.63 pp
2012 29.85 +0.44 pp
2011 29.41 −0.96 pp
2010 30.37 +2.27 pp
2009 28.1 −3.79 pp
2008 31.88 −0.44 pp
2007 32.32 +0.39 pp
2006 31.93 −1.33 pp
2005 33.26 +0.26 pp
2004 33 −2.21 pp
2003 35.21 −5.37 pp
2002 40.58 +9.54 pp
2001 31.03 +2.72 pp
2000 28.32 +1.26 pp
1999 27.06 +0.42 pp
1998 26.63 −0.89 pp
1997 27.52 +0.97 pp
1996 26.55 −2.35 pp
1995 28.9 +1.05 pp
1994 27.85 +2.33 pp
1993 25.53 −0.84 pp
1992 26.37 +2.87 pp
1991 23.5 +0.12 pp
1990 23.38 −3.45 pp
1989 26.82 +1.91 pp
1988 24.91 +0.66 pp
1987 24.25 +1.97 pp
1986 22.28 +1.38 pp
1985 20.9 +0.51 pp
1984 20.39 +0.63 pp
1983 19.76 −0.9 pp
1982 20.66 +0.58 pp
1981 20.08 −0.35 pp
1980 20.42 −0.66 pp
1979 21.08

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.