Liquid Liabilities (Broad Money) for Comoros
DDOI07KMA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
343.26
Year-over-Year Change
134.88%
Date Range
1/1/1982 - 1/1/2020
Summary
Liquid Liabilities (Broad Money) for Comoros measures the total value of financial assets that can be quickly converted into cash and are readily available for spending. This metric is a key indicator of a country's financial development 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 (Broad Money) represents the sum of currency and deposits in the central bank, plus transferable deposits and electronic currency, plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements. This broad measure of money supply provides insights into a country's level of financial intermediation and access to banking services.
Methodology
The data is collected and calculated by the World Bank from official government sources.
Historical Context
Liquid Liabilities (Broad Money) is used by economists and policymakers to assess a country's financial sector development and ability to mobilize savings.
Key Facts
- Liquid Liabilities (Broad Money) for Comoros was 17.24 billion Comorian francs in 2020.
- Comoros' Liquid Liabilities (Broad Money) has grown by over 250% since 2000.
- Liquid Liabilities (Broad Money) is a key indicator of financial sector development in Comoros.
FAQs
Q: What does this economic trend measure?
A: Liquid Liabilities (Broad Money) measures the total value of financial assets in Comoros that can be quickly converted into cash and are readily available for spending.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Comoros' level of financial intermediation, access to banking services, and overall financial sector development, which are important for assessing economic stability and growth potential.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank from official government sources in Comoros.
Q: How is this trend used in economic policy?
A: Liquid Liabilities (Broad Money) is used by economists and policymakers to evaluate Comoros' financial sector development and the ability to mobilize domestic savings, which informs monetary and financial stability policies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting from the source, and the measure may not fully capture all liquid financial assets in the informal economy.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises Loans from Commercial Banks for Comoros
COMFCSODCSGGDPPT
Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Comoros
COMFCSODCGGDPPT
Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Loan Accounts with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Comoros
COMFCNODCSPNUM
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Comoros
COMFCBODMFLNUM
Use of Financial Services: Key Indicators, Borrowers from All Microfinance Institutions (MFIs) Per 1000 Adults for Comoros
COMFCRODMFANUM
Use of Financial Services, Assets: Outstanding Loans at Deposit Taking Microfinance Institutions (MFIs) for Comoros
COMFCSODMFXDC
Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Comoros (DDOI07KMA648NWDB), retrieved from FRED.