Federal Reserve Economic Data

Liquid Liabilities to GDP for the Democratic Republic of the Congo (DISCONTINUED) (DDDI05CDA156NWDB)

Observation:

2014: 12.93556 (+ more)   Updated: Aug 29, 2017 11:15 AM CDT
2014:  12.93556  
2013:  8.41135  
2012:  7.74750  
2011:  7.70501  
2010:  6.70074  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: World Bank  

Release: Global Financial Development  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Ratio of liquid liabilities to GDP. Liquid liabilities are also known as broad money, or M3. They are the sum of currency and deposits in the central bank (M0), plus transferable deposits and electronic currency (M1), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements (M2), plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents.

Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L..ZF or, if not available, line 35L..ZF); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and annual CPI (IFS line 64..ZF). For Eurocurrency area countries (BEF, DEM, ESP, FRF, GRD, IEP, ITL, LUF, NLG, ATS, PTE, FIM), liquid liabilities are estimated by summing IFS items 34A, 34B and 35. (International Monetary Fund, International Financial Statistics, and World Bank GDP estimates)

Source Code: GFDD.DI.05

Suggested Citation:

World Bank, Liquid Liabilities to GDP for the Democratic Republic of the Congo (DISCONTINUED) [DDDI05CDA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDDI05CDA156NWDB, .

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