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Broad money

(LCU)

In 2017, broad money in Democratic Republic of the Congo was 7,055,720 million LCU. In the ranking by broad money including 129 countries, Democratic Republic of the Congo has the 105th rank that is close to the positions of such countries as Côte d'Ivoire and the Equatorial Guinea. Compared to Australia which at the top of the ranking with broad money of 2,050,266 million LCU in 2017, Democratic Republic of the Congo has 244.14 % percent higher broad money.

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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.