Azerbaijan - Broad money

42,824,929,994.7 (LCU) in 2022

In 2022, broad money for Azerbaijan was 42,824 million LCU. Broad money of Azerbaijan increased from 1,020 million LCU in 2003 to 42,824 million LCU in 2022 growing at an average annual rate of 23.71%.

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What is broad money?

Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

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What is Azerbaijan broad money?