Benin - Broad money

3,628,256,866,555.0 (LCU) in 2022

In 2022, broad money for Benin was 3,628,256 million LCU. Broad money of Benin increased from 14,786 million LCU in 1973 to 3,628,256 million LCU in 2022 growing at an average annual rate of 12.94%.

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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.

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What is Benin broad money?