Zambia - Broad money growth rate

24.5 (%) in 2022

In 2022, broad money growth for Zambia was 24.5 %. Since 1971, broad money growth of Zambia fluctuated between a low of -10.4 % in 1971 and a high of 97.3 % in 1991 averaging at 27.5 between 1971 and 2022.

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What is broad money growth?

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 Zambia broad money growth?