Cabo Verde - Broad money

225,285,975,820.9 (LCU) in 2022

In 2022, broad money for Cabo Verde was 225,285 million LCU. Broad money of Cabo Verde increased from 56,539 million LCU in 2003 to 225,285 million LCU in 2022 growing at an average annual rate of 7.62%.

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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 Cabo Verde broad money?