Liquid Liabilities (Broad Money) for Bangladesh
DDOI07BDA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
183,049.10
Year-over-Year Change
223.25%
Date Range
1/1/1974 - 1/1/2021
Summary
This economic trend measures the liquid liabilities, or broad money, of Bangladesh. It is a key indicator of financial depth and liquidity in the economy.
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 represent the total amount of currency and other liquid instruments like deposits in the Bangladeshi financial system. This broad measure of money supply is used by economists to assess financial development and the overall liquidity conditions.
Methodology
The data is compiled by the World Bank from official government sources.
Historical Context
Trends in broad money are closely monitored by policymakers and analysts to understand monetary policy and financial stability.
Key Facts
- Bangladesh's liquid liabilities were $336 billion in 2020.
- Broad money as a percentage of GDP was 59% in 2020.
- Liquid liabilities have grown over 7% annually on average since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total liquid liabilities, or broad money supply, in the Bangladeshi financial system. It includes currency in circulation and various liquid deposits.
Q: Why is this trend relevant for users or analysts?
A: Trends in broad money are a key indicator of financial depth and liquidity conditions, which are important for understanding monetary policy, inflation, and overall economic stability.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank from official government sources in Bangladesh.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor broad money trends to assess the stance of monetary policy and potential risks to financial stability.
Q: Are there update delays or limitations?
A: There may be some time lag in data availability, as the information is compiled from official government sources.
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Bangladesh (DDOI07BDA648NWDB), retrieved from FRED.