Broad Money for Congo, Republic of
COGFMBPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.73
Year-over-Year Change
-10.71%
Date Range
1/1/2000 - 1/1/2026
Summary
Broad Money for Congo, Republic of measures the total amount of money in circulation within the Congolese economy, including cash, deposits, and other liquid assets. This metric 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
Broad Money is a comprehensive measure of the money supply that encompasses cash, checking deposits, savings deposits, money market securities, mutual funds, and other time deposits. It provides a broader view of the total liquid assets available for spending and investment compared to narrower measures like M1.
Methodology
The data is collected and calculated by the Central Bank of the Republic of Congo.
Historical Context
Broad Money is closely monitored by policymakers and economists to assess the health and stability of the Congolese financial system.
Key Facts
- Broad Money in Congo peaked at 7.36 trillion Congolese francs in 2021.
- The Congolese franc is the official currency of the Republic of Congo.
- The Central Bank of the Republic of Congo is responsible for monetary policy.
FAQs
Q: What does this economic trend measure?
A: Broad Money for Congo, Republic of measures the total amount of liquid assets and money in circulation within the Congolese economy.
Q: Why is this trend relevant for users or analysts?
A: Broad Money is a key indicator of economic activity, liquidity, and the overall health of the Congolese financial system, making it relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of the Republic of Congo.
Q: How is this trend used in economic policy?
A: Broad Money is closely monitored by the Congolese government and central bank to assess financial stability and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The Broad Money data for Congo is published regularly by the Central Bank, but there may be some delays in reporting or limitations in data coverage.
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Citation
U.S. Federal Reserve, Broad Money for Congo, Republic of (COGFMBPCPPPT), retrieved from FRED.