In 2010, broad money (% of GDP) for Lao People’s Democratic Republic was 36.2 %. Broad money (% of GDP) of Lao People’s Democratic Republic increased from 7.1 % in 1991 to 36.2 % in 2010 growing at an average annual rate of 10.16%.
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.