Liquid Liabilities (Broad Money) for Mali
DDOI07MLA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,822.48
Year-over-Year Change
128.17%
Date Range
1/1/1962 - 1/1/2021
Summary
The 'Liquid Liabilities (Broad Money) for Mali' trend measures the total value of monetary assets available in the Malian economy. It 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, or broad money, represent the total value of financial assets that can be readily converted into cash. This metric is used by economists to assess the overall money supply and financial depth of a national economy.
Methodology
The data is collected and calculated by the World Bank based on official government and central bank reporting.
Historical Context
Trends in Mali's liquid liabilities are closely monitored by policymakers and analysts to gauge macroeconomic conditions and financial sector development.
Key Facts
- Liquid liabilities in Mali totaled $15.8 billion in 2021.
- Mali's liquid liabilities have grown at an average annual rate of 7.2% over the past decade.
- Broad money accounts for over 35% of Mali's GDP, indicating a relatively deep financial system.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities (Broad Money) for Mali' metric measures the total value of all financial assets in the Malian economy that can be readily converted into cash, providing an indicator of overall money supply and financial depth.
Q: Why is this trend relevant for users or analysts?
A: Trends in Mali's liquid liabilities are closely watched by economists, policymakers, and investors as a gauge of macroeconomic conditions, financial sector development, and the overall liquidity in the Malian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official reporting from the government of Mali and the Malian central bank.
Q: How is this trend used in economic policy?
A: Policymakers in Mali and international institutions monitor this metric to assess the country's monetary and financial conditions, inform policy decisions, and evaluate the effectiveness of economic and financial reforms.
Q: Are there update delays or limitations?
A: The liquid liabilities data for Mali is published annually with a lag of approximately 1-2 years, which may limit its usefulness for real-time analysis of current economic conditions.
Related Trends
Number of Identified Exporters to Mali from Kentucky
KYMLIA475SCEN
Bank Lending Deposit Spread for Mali
DDEI02MLA156NWDB
Value of Exports to Mali from Wisconsin
WIMLIA052SCEN
Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Commercial Banks for Mali
MLIFCDODCSPENUM
Number of Identified Exporters to Mali from Indiana
INMLIA475SCEN
Real Effective Exchange Rate as Based on Consumer Price Index for Mali
MLIEREERIX
Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Mali (DDOI07MLA648NWDB), retrieved from FRED.