Laos: Liquid liabilities, percent of GDP
* indicates monthly or quarterly data series
Laos |
Liquid liabilities, percent of GDP |
---|---|
Latest value | 36.19 |
Year | 2010 |
Measure | percent |
Data availability | 1989 - 2010 |
Average | 17.80 |
Min - Max | 7.11 - 36.19 |
Source | The International Monetary Fund |
The latest value from 2010 is 36.19 percent, an increase from 30.82 percent in 2009. In comparison, the world average is 62.65 percent, based on data from 177 countries. Historically, the average for Laos from 1989 to 2010 is 17.8 percent. The minimum value, 7.11 percent, was reached in 1991 while the maximum of 36.19 percent was recorded in 2010.
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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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