Tonga TO: Broad Money: % of GDP

Tonga TO: Broad Money: % of GDP data was reported at 59.521 % in 2017. This records an increase from the previous number of 57.577 % for 2016. Tonga TO: Broad Money: % of GDP data is updated yearly, averaging 39.490 % from Dec 1989 to 2017, with 29 observations. The data reached an all-time high of 59.521 % in 2017 and a record low of 26.790 % in 1994. Tonga TO: Broad Money: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Tonga – Table TO.World Bank.WDI: Money Supply. 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.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average; The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

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