Liquid Liabilities (Broad Money) for Dominican Republic
DDOI07DOA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,318.04
Year-over-Year Change
121.38%
Date Range
1/1/1960 - 1/1/2021
Summary
This economic trend measures the total value of liquid assets or 'broad money' in the Dominican Republic. It provides insight into the overall money supply and liquidity in the country's financial system.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Liquid liabilities, or broad money, is a comprehensive measure of the total money stock including currency in circulation, demand deposits, and other readily available liquid assets. This indicator offers a high-level view of a country's monetary conditions and is closely watched by policymakers and economists.
Methodology
The data is collected and reported by the World Bank based on national financial statistics.
Historical Context
Trends in liquid liabilities are used to analyze monetary policy, financial stability, and economic growth.
Key Facts
- Liquid liabilities are a broad measure of a country's money supply.
- The Dominican Republic's liquid liabilities were $66.3 billion in 2020.
- Liquid liabilities grew by 10% annually on average from 2010 to 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of liquid assets or 'broad money' in the Dominican Republic, providing insight into the overall money supply and liquidity in the country's financial system.
Q: Why is this trend relevant for users or analysts?
A: Trends in liquid liabilities are closely watched by policymakers and economists as an indicator of monetary conditions, financial stability, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on national financial statistics.
Q: How is this trend used in economic policy?
A: Liquid liabilities data is used to analyze monetary policy, financial conditions, and economic growth by policymakers, central banks, and market analysts.
Q: Are there update delays or limitations?
A: The liquid liabilities data is published annually with a lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Dominican Republic (DDOI07DOA648NWDB), retrieved from FRED.