For that indicator, we provide data for Brazil from 1960 to 2020. The average value for Brazil during that period was 42.35 percent with a minimum of 10.08 percent in 1982 and a maximum of 111.33 percent in 1989.
The latest value from 2020 is 106.01 percent. For comparison, the world average in 2020 based on 139
countries is 82.34 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Ratio of liquid liabilities to 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.