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Sub-Saharan Africa: Economy > Financial sector > Monetary holdings > Liabilities > Liquid liabilities stats

Definitions

  • M3 as % of GDP: Liquid liabilities are also known as broad money, or M3. They are the sum of currency and deposits in the central bank (M0), plus transferable deposits and electronic currency (M1), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements (M2), plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents."
STAT SUB-SAHARAN TOTAL SUB-SAHARAN AVERAGE DATES
M3 as % of GDP 33.73%
8% less than average
2009

Citation

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