Comoros: Liquid liabilities, percent of GDP
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Comoros |
Liquid liabilities, percent of GDP |
---|---|
Latest value | 27.94 |
Year | 2019 |
Measure | percent |
Data availability | 1982 - 2019 |
Average | 15.79 |
Min - Max | 9.24 - 27.97 |
Source | The International Monetary Fund |
The latest value from 2019 is 27.94 percent, a decline from 27.97 percent in 2018. In comparison, the world average is 69.37 percent, based on data from 165 countries. Historically, the average for the Comoros from 1982 to 2019 is 15.79 percent. The minimum value, 9.24 percent, was reached in 1986 while the maximum of 27.97 percent was recorded in 2018.
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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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