Money supply, billion currency units in Benin, October, 2020
For that indicator, we provide data for Benin from January 2004 to October 2020. The average value for Benin during that period was 1427.71 billion CFA Franc with a minimum of 437.94 billion CFA Franc in November 2004 and a maximum of 2643.4 billion CFA Franc in October 2020.
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* indicates monthly or quarterly data series
Measure: billion CFA Franc
Source: Central Bank of West African States
Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, 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.