Benin - Broad money (% of GDP)

38.5 (%) in 2018

In 2018, broad money (% of GDP) for Benin was 38.5 %. Though Benin broad money (% of GDP) fluctuated substantially in recent years, it tended to increase through 1969 - 2018 period ending at 38.5 % in 2018.

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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.