Mongolia - Broad money

29,664,808,011,296.4 (LCU) in 2022

In 2022, broad money for Mongolia was 29,664,808 million LCU. Between 2003 and 2022, broad money of Mongolia grew substantially from 703,332 million to 29,664,808 million LCU rising at an increasing annual rate that reached a maximum of 62.49% in 2010 and then decreased to 6.46% 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 Mongolia broad money?