Eritrea ER: Broad Money: % of GDP

Eritrea ER: Broad Money: % of GDP data was reported at 114.632 % in 2011. This records a decrease from the previous number of 123.187 % for 2010. Eritrea ER: Broad Money: % of GDP data is updated yearly, averaging 127.661 % from Dec 1995 to 2011, with 17 observations. The data reached an all-time high of 150.685 % in 2002 and a record low of 87.003 % in 1995. Eritrea ER: Broad Money: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Eritrea – Table ER.World Bank: 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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