Liquid Liabilities (Broad Money) for Portugal
DDOI07PTA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
250,266.30
Year-over-Year Change
-1.82%
Date Range
1/1/1960 - 1/1/2021
Summary
The Liquid Liabilities (Broad Money) for Portugal measures the country's money supply, providing insights into financial system liquidity and economic activity.
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
This indicator represents the total value of all financial assets that can be readily converted into cash, including currency in circulation, demand deposits, and other liquid assets. It is a key metric for assessing the overall size and liquidity of Portugal's financial system.
Methodology
The data is collected and calculated by the World Bank based on central bank and national accounts information.
Historical Context
Broad money data is used by policymakers and analysts to monitor financial conditions and make informed decisions.
Key Facts
- Portugal's liquid liabilities were $522 billion in 2020.
- Broad money has grown by an average of 4.5% per year over the past decade.
- Liquid liabilities represent over 200% of Portugal's GDP.
FAQs
Q: What does this economic trend measure?
A: The Liquid Liabilities (Broad Money) for Portugal measures the total value of all financial assets that can be readily converted into cash, including currency, demand deposits, and other liquid assets.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the overall size and liquidity of Portugal's financial system, which is important for assessing economic conditions and making informed policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information from Portugal's central bank and national accounts.
Q: How is this trend used in economic policy?
A: Broad money data is used by policymakers and analysts to monitor financial conditions and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
Related Trends
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Harmonized Index of Consumer Prices: Services (Overall Index Excluding Goods) for Portugal
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Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Portugal
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Gross Domestic Product for Portugal
MKTGDPPTA646NWDB
Deposit Money Bank Assets to GDP for Portugal
DDDI02PTA156NWDB
National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Portugal
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Portugal (DDOI07PTA648NWDB), retrieved from FRED.