Canada: Liquid liabilities, percent of GDP
* indicates monthly or quarterly data series
Canada |
Liquid liabilities, percent of GDP |
---|---|
Latest value | 121.89 |
Year | 2008 |
Measure | percent |
Data availability | 1960 - 2008 |
Average | 69.04 |
Min - Max | 35.41 - 132.79 |
Source | The International Monetary Fund |
The latest value from 2008 is 121.89 percent, an increase from 111.24 percent in 2007. In comparison, the world average is 62.33 percent, based on data from 175 countries. Historically, the average for Canada from 1960 to 2008 is 69.04 percent. The minimum value, 35.41 percent, was reached in 1962 while the maximum of 132.79 percent was recorded in 2006.
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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.
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Liquid liabilities, percent of GDP | 121.89 | 2008 | percent |
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