Broad money annual growth in the United Kingdom (UK) 2013-2023

Published by
Raynor de Best,
Nov 4, 2024
The broad money annual growth rate in the United Kingdom decreased by 11.2 percentage points (-130.08 percent) in 2023 in comparison to the previous year. As a result, the annual growth rate in the United Kingdom saw its lowest number in 2023 with -2.63 percent.
Broad money is a measure of the amount of money in a national economy. It includes currency, deposits with an agreed maturity of up to two years, deposits redeemable at notice of up to three months and repurchase agreements, money market fund shares/units and debt securities up to two years. It is measured as a seasonally adjusted index based on 2015=100.

Find more statistics on other topics about the United Kingdom with key insights such as total value of stocks traded, ratio of bank capital and reserves to total assets, and number of commercial bank branches.

Broad money annual growth rate in the United Kingdom (UK) from 2013 to 2023

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Release date

2024

Region

United Kingdom

Survey time period

2013 to 2023

Supplementary notes

The source added the following definition '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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