Liquid Liabilities (Broad Money) for Philippines
DDOI07PHA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
211,649.50
Year-over-Year Change
93.92%
Date Range
1/1/1960 - 1/1/2021
Summary
The Liquid Liabilities (Broad Money) for Philippines metric measures the total value of financial assets readily available for transactions in the Philippine economy. This broad money supply statistic is a key indicator of economic activity and liquidity.
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 (Broad Money) represents the total value of financial assets that can be quickly converted into cash and used for transactions, including currency, deposits, and other highly liquid instruments. This metric provides insight into the overall money supply and level of economic activity in the Philippines.
Methodology
The data is collected and calculated by the World Bank based on reports from the Central Bank of the Philippines.
Historical Context
Economists and policymakers monitor the Liquid Liabilities trend to assess monetary and financial conditions in the Philippines.
Key Facts
- Liquid Liabilities in Philippines reached a record high of 13.7 trillion Philippine pesos in 2021.
- The Liquid Liabilities to GDP ratio in Philippines was 91.6% in 2021, indicating a highly liquid financial system.
- Broad money growth in Philippines averaged 10.5% annually from 2010 to 2021.
FAQs
Q: What does this economic trend measure?
A: The Liquid Liabilities (Broad Money) for Philippines metric measures the total value of highly liquid financial assets, including currency, deposits, and other instruments that can be quickly converted to cash, in the Philippine economy.
Q: Why is this trend relevant for users or analysts?
A: The Liquid Liabilities trend provides insight into the overall money supply and level of economic activity in the Philippines, which is important for economists, policymakers, and financial analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from the Central Bank of the Philippines.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor the Liquid Liabilities trend to assess monetary and financial conditions in the Philippines, which can inform decisions on monetary policy, financial regulation, and economic development.
Q: Are there update delays or limitations?
A: The Liquid Liabilities data for the Philippines is updated annually by the World Bank, with a potential delay of up to 2 years in the most recent data.
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Philippines (DDOI07PHA648NWDB), retrieved from FRED.