Broad money as a share of GDP in the Philippines 2012-2022
The broad money as a percentage of GDP in the Philippines decreased to 85.87 percent since the previous year. Nevertheless, the last two years recorded a significant higher broad money than the preceding years.
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 the Philippines with key insights such as ratio of non-performing loans (NLP) to total gross loans, domestic credit to the private sector as a share of GDP, 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 the Philippines with key insights such as ratio of non-performing loans (NLP) to total gross loans, domestic credit to the private sector as a share of GDP, and deposit interest rate.
