Chad: Liquid liabilities, percent of GDP

The latest value from 2019 is 17.5 percent, an increase from 14.91 percent in 2018. In comparison, the world average is 69.37 percent, based on data from 165 countries. Historically, the average for Chad from 1970 to 2019 is 12.69 percent. The minimum value, 7.04 percent, was reached in 2005 while the maximum of 20.43 percent was recorded in 1979. 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.