Maldives - Broad money

55,374,692,357.1 (LCU) in 2022

In 2022, broad money for Maldives was 55,374 million LCU. Between 2003 and 2022, broad money of Maldives grew substantially from 4,636 million to 55,374 million LCU rising at an increasing annual rate that reached a maximum of 31.37% in 2004 and then decreased to 6.04% 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 Maldives broad money?