* indicates monthly or quarterly data series

Liquid liabilities, percent of GDP, 2021:

The average for 2021 based on 27 countries was 105 percent. The highest value was in Hong Kong: 438.75 percent and the lowest value was in Tajikistan: 8.96 percent. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.

Measure: percent; Source: The International Monetary Fund
Select indicator
* indicates monthly or quarterly data series


Countries Liquid liabilities, percent of GDP, 2021 Global rank Available data
Hong Kong 438.75 1 1991 - 2021
Japan 287.85 2 1960 - 2021
Macao 286.92 3 1984 - 2021
South Korea 174.4 4 1960 - 2021
Vietnam 147.64 5 1992 - 2021
Cambodia 143.83 6 1993 - 2021
Malaysia 133.28 7 1960 - 2021
Nepal 122.78 8 1960 - 2021
Jordan 118.26 9 1962 - 2021
Israel 109.89 10 1960 - 2021
Qatar 93.09 11 1970 - 2021
Palestine 85.8 12 1998 - 2021
India 84.95 13 1960 - 2021
Philippines 70.42 14 1960 - 2021
Mongolia 64.77 15 1991 - 2021
Maldives 64.05 16 1980 - 2021
Bangladesh 56.59 17 1974 - 2021
Kyrgyzstan 46.99 18 1995 - 2021
Iraq 46.36 19 1960 - 2021
Georgia 46.33 20 1995 - 2021
Pakistan 44.53 21 1960 - 2021
Armenia 42.46 22 1992 - 2021
Indonesia 39.35 23 1969 - 2021
Kazakhstan 29.55 24 1993 - 2021
Azerbaijan 28.05 25 1992 - 2021
Uzbekistan 19.08 26 2013 - 2021
Tajikistan 8.96 27 1998 - 2021


New - World map: Liquid liabilities, percent of GDP




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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