Liquid liabilities, percent of GDP - Country rankings
* indicates monthly or quarterly data series
Liquid liabilities, percent of GDP, 2021:
The average for 2021 based on 39 countries was 105.3 percent. The highest value was in Luxembourg: 728.51 percent and the lowest value was in Belarus: 26.85 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
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* indicates monthly or quarterly data series
| Countries | Liquid liabilities, percent of GDP, 2021 | Global rank | Available data |
|---|---|---|---|
| Luxembourg | 728.51 | 1 | 1960 - 2021 |
| Malta | 169.13 | 2 | 1970 - 2021 |
| UK | 163.29 | 3 | 1960 - 2021 |
| Spain | 137.16 | 4 | 1960 - 2021 |
| Belgium | 135.41 | 5 | 1960 - 2021 |
| Portugal | 133.04 | 6 | 1960 - 2021 |
| France | 128.31 | 7 | 1960 - 2021 |
| Netherlands | 124.12 | 8 | 1960 - 2021 |
| Greece | 122.32 | 9 | 1960 - 2021 |
| Italy | 119.02 | 10 | 1960 - 2021 |
| Austria | 111.69 | 11 | 1960 - 2021 |
| Germany | 110.95 | 12 | 1970 - 2021 |
| Ireland | 107.72 | 13 | 1960 - 2021 |
| Estonia | 96.01 | 14 | 2004 - 2021 |
| Bulgaria | 94.75 | 15 | 1991 - 2021 |
| Czechia | 91.67 | 16 | 1993 - 2021 |
| Finland | 89.11 | 17 | 1960 - 2021 |
| Sweden | 88.67 | 18 | 1960 - 2021 |
| Croatia | 85.99 | 19 | 1995 - 2021 |
| Lithuania | 82.55 | 20 | 2010 - 2021 |
| Slovakia | 80.14 | 21 | 2006 - 2021 |
| Slovenia | 79.36 | 22 | 1995 - 2021 |
| Poland | 75.7 | 23 | 1990 - 2021 |
| Albania | 74.46 | 24 | 1994 - 2021 |
| Latvia | 73.87 | 25 | 2010 - 2021 |
| Iceland | 72.46 | 26 | 1960 - 2021 |
| Hungary | 71.98 | 27 | 1991 - 2021 |
| Norway | 68.28 | 28 | 1960 - 2021 |
| Turkey | 66.24 | 29 | 1960 - 2021 |
| Bosnia & Herz. | 65.66 | 30 | 1997 - 2021 |
| North Macedonia | 64.86 | 31 | 1993 - 2021 |
| Russia | 64.04 | 32 | 2001 - 2021 |
| Denmark | 62.8 | 33 | 1966 - 2021 |
| Serbia | 60.27 | 34 | 1997 - 2021 |
| Montenegro | 58.48 | 35 | 2002 - 2021 |
| Romania | 47.75 | 36 | 1981 - 2021 |
| Ukraine | 37.94 | 37 | 1992 - 2021 |
| Moldova | 36 | 38 | 1995 - 2021 |
| Belarus | 26.85 | 39 | 2007 - 2021 |
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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728.51
169.13
163.29
137.16
135.41
133.04
128.31
124.12
122.32
119.02
111.69
110.95
107.72
96.01
94.75
91.67
89.11
88.67
85.99
82.55
80.14
79.36
75.70
74.46
73.87
72.46
71.98
68.28
66.24
65.66
64.86
64.04
62.80
60.27
58.48
47.75
37.94
36.00
26.85
0
182.1
364.3
546.4
728.51
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