Guinea Bissau - Broad money

499,510,365,656.0 (LCU) in 2022

In 2022, broad money for Guinea Bissau was 499,510 million LCU. Between 2003 and 2022, broad money of Guinea Bissau grew substantially from 30,282 million to 499,510 million LCU rising at an increasing annual rate that reached a maximum of 48.78% in 2014 and then decreased to 3.49% in 2022.

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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 Guinea Bissau broad money?