Somalia - Broad money

157,986,000,000.0 (LCU) in 1989

In 1989, broad money for Somalia was 157,986 million LCU. Broad money of Somalia increased from 465 million LCU in 1970 to 157,986 million LCU in 1989 growing at an average annual rate of 40.61%.

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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 Somalia broad money?