Broad money (% of GDP) — all countries

Broad money (% of GDP) — Melanesia

Broad money (% of GDP) in Melanesia in 2023 — 81.64%. Since 1978, the indicator has risen by 48.58 pp.

2023 81.64% −1.61 pp vs 2022
World rank
Period maximum 93.04%2021
Period minimum 32.97%1981

Trend over time

1978–2023 · % of GDP

Broad money (% of GDP) — Melanesia, 1978–20232040608010019781983198819931998200320082013201820231978: 33.06%1979: 36.05%1980: 33.46%1981: 32.97%1982: 33.59%1983: 33.37%1984: 35.4%1985: 36.39%1986: 39.18%1987: 36.86%1988: 36.24%1989: 39.33%1990: 41.65%1991: 42.48%1992: 40.98%1993: 40.63%1994: 36.72%1995: 38.4%1996: 41.24%1997: 40.58%1998: 38.41%1999: 37.14%2000: 36.89%2001: 37.86%2002: 39.72%2003: 38.96%2004: 41.91%2005: 44.4%2006: 39.79%2007: 43.72%2008: 40.41%2009: 44.66%2010: 40.92%2011: 42.2%2012: 43.61%2013: 44.25%2014: 39.78%2015: 41.51%2016: 43.02%2017: 40.18%2018: 37.04%2019: 36.76%2020: 81.31%2021: 93.04%2022: 83.25%2023: 81.64%
Change over the period: +48.58 pp Annual average: 1.08 pp

Comparison, 2023

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

Melanesia 81.64%
World 135.57%
Broad money (% of GDP) — Melanesia, by year Melanesia All countries CSV XLSX
Year % Change, pp
2023 81.64 −1.61 pp
2022 83.25 −9.78 pp
2021 93.04 +11.73 pp
2020 81.31 +44.55 pp
2019 36.76 −0.28 pp
2018 37.04 −3.15 pp
2017 40.18 −2.84 pp
2016 43.02 +1.5 pp
2015 41.51 +1.74 pp
2014 39.78 −4.47 pp
2013 44.25 +0.65 pp
2012 43.61 +1.41 pp
2011 42.2 +1.28 pp
2010 40.92 −3.74 pp
2009 44.66 +4.24 pp
2008 40.41 −3.31 pp
2007 43.72 +3.93 pp
2006 39.79 −4.61 pp
2005 44.4 +2.49 pp
2004 41.91 +2.96 pp
2003 38.96 −0.77 pp
2002 39.72 +1.87 pp
2001 37.86 +0.96 pp
2000 36.89 −0.24 pp
1999 37.14 −1.27 pp
1998 38.41 −2.17 pp
1997 40.58 −0.66 pp
1996 41.24 +2.84 pp
1995 38.4 +1.68 pp
1994 36.72 −3.91 pp
1993 40.63 −0.35 pp
1992 40.98 −1.5 pp
1991 42.48 +0.83 pp
1990 41.65 +2.32 pp
1989 39.33 +3.08 pp
1988 36.24 −0.62 pp
1987 36.86 −2.31 pp
1986 39.18 +2.78 pp
1985 36.39 +0.99 pp
1984 35.4 +2.03 pp
1983 33.37 −0.22 pp
1982 33.59 +0.62 pp
1981 32.97 −0.49 pp
1980 33.46 −2.59 pp
1979 36.05 +2.98 pp
1978 33.06

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.