In 2008, broad money for Ethiopia was 84,987 million LCU. Broad money of Ethiopia increased from 5,976 million LCU in 1989 to 84,987 million LCU in 2008 growing at an average annual rate of 15.16%.
The description is composed by our digital data assistant.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.