The broad money as a percentage of GDP in Singapore increased by 25.5 percentage points (+20.73 percent) compared to the previous year. With 148.48 percent, the broad money thereby reached its highest value in the observed period. 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.
According to the source, broad money 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 travelers checks, and other securities such as certificates of deposit and commercial paper.'
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World Bank. (October 24, 2024). Broad money as a percentage of GDP in Singapore from 2011 to 2020 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/737120/broad-money-as-a-share-of-gdp-in-singapore/
World Bank. "Broad money as a percentage of GDP in Singapore from 2011 to 2020." Chart. October 24, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/737120/broad-money-as-a-share-of-gdp-in-singapore/
World Bank. (2024). Broad money as a percentage of GDP in Singapore from 2011 to 2020. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/737120/broad-money-as-a-share-of-gdp-in-singapore/
World Bank. "Broad Money as a Percentage of Gdp in Singapore from 2011 to 2020." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/737120/broad-money-as-a-share-of-gdp-in-singapore/
World Bank, Broad money as a percentage of GDP in Singapore from 2011 to 2020 Statista, https://www.statista.com/statistics/737120/broad-money-as-a-share-of-gdp-in-singapore/ (last visited December 22, 2024)
Broad money as a percentage of GDP in Singapore from 2011 to 2020 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/737120/broad-money-as-a-share-of-gdp-in-singapore/