Liquid Liabilities (Broad Money) for the Plurinational State of Bolivia
DDOI07BOA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,436.75
Year-over-Year Change
268.17%
Date Range
1/1/1960 - 1/1/2021
Summary
This economic trend measures the liquid liabilities, or broad money, of the Plurinational State of Bolivia. It is a key indicator of the size and liquidity of the Bolivian financial system, providing insights into monetary policy and economic stability.
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, also known as broad money, represent the total amount of currency and other highly liquid financial assets circulating in an economy. This metric is widely used by economists and policymakers to analyze the overall size and liquidity of a country's financial system.
Methodology
The data is collected and calculated by the World Bank based on official government sources.
Historical Context
Trends in liquid liabilities are closely monitored by the Bolivian central bank and international financial institutions to assess the effectiveness of monetary policies and financial sector development.
Key Facts
- Bolivia's liquid liabilities were equivalent to 70.7% of its GDP in 2020.
- Liquid liabilities have grown by an average of 10.4% per year over the past decade.
- The ratio of liquid liabilities to GDP is a commonly used measure of financial depth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of highly liquid financial assets, including currency and deposits, circulating in the Plurinational State of Bolivia's economy.
Q: Why is this trend relevant for users or analysts?
A: Liquid liabilities provide insights into the size and liquidity of Bolivia's financial system, which is important for assessing monetary policy effectiveness and economic stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official government sources in Bolivia.
Q: How is this trend used in economic policy?
A: Trends in liquid liabilities are closely monitored by the Bolivian central bank and international financial institutions to evaluate the impact of monetary policies and financial sector development.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately one year, and may be subject to revisions by the data source.
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for the Plurinational State of Bolivia (DDOI07BOA648NWDB), retrieved from FRED.