Broad Money for Guinea
GINFMBGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.60
Year-over-Year Change
24.23%
Date Range
1/1/2000 - 1/1/2026
Summary
The Broad Money for Guinea measures the total money supply in the Guinean economy, including cash, checking deposits, and other liquid assets. This metric is crucial for economists and policymakers to understand money circulation and liquidity in the country.
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
Broad money is a comprehensive measure of the money supply that includes not only physical currency but also highly liquid assets that can be readily converted into cash. Analyzing trends in Guinea's broad money provides insights into economic growth, inflation, and the effectiveness of monetary policies.
Methodology
The data is collected and calculated by the Central Bank of Guinea.
Historical Context
Broad money is a key indicator used by the Central Bank of Guinea and international institutions to guide economic and financial policymaking.
Key Facts
- Guinea's broad money as a percentage of GDP was 39.4% in 2021.
- Broad money growth in Guinea averaged 15.3% per year from 2010 to 2021.
- Rapid growth in broad money can signal potential inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: The Broad Money for Guinea metric measures the total money supply in the Guinean economy, including cash, checking deposits, and other highly liquid assets.
Q: Why is this trend relevant for users or analysts?
A: Analyzing trends in Guinea's broad money provides crucial insights into economic growth, inflation, and the effectiveness of monetary policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Guinea.
Q: How is this trend used in economic policy?
A: Broad money is a key indicator used by the Central Bank of Guinea and international institutions to guide economic and financial policymaking.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the Central Bank of Guinea.
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Citation
U.S. Federal Reserve, Broad Money for Guinea (GINFMBGDPPT), retrieved from FRED.