Broad money as a share of GDP Mongolia 2014-2023
The broad money as a percentage of GDP in Mongolia saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 54.63 percent. Still, 2023 marked the third consecutive decline of the broad money.
Broad money is the sum of currency outside of 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.
Find more statistics on other topics about Mongolia with key insights such as domestic credit to the private sector as a share of GDP, real interest rate, and deposit interest rate.
Broad money is the sum of currency outside of 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.
Find more statistics on other topics about Mongolia with key insights such as domestic credit to the private sector as a share of GDP, real interest rate, and deposit interest rate.
