Liquid Liabilities (Broad Money) for Albania

DDOI07ALA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

10,386.36

Year-over-Year Change

45.18%

Date Range

1/1/1994 - 1/1/2021

Summary

The 'Liquid Liabilities (Broad Money) for Albania' trend measures the total value of all financial assets readily available for transactions in the Albanian economy. It is a key indicator of economic and financial system development.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

Liquid liabilities, or broad money, include currency and deposits in the domestic banking system. This metric provides insight into the overall size and liquidity of Albania's financial markets, which is important for assessing economic and financial stability.

Methodology

The data is collected and reported by the World Bank based on official government sources.

Historical Context

Policymakers and analysts use this indicator to monitor financial sector growth and the effectiveness of monetary policy in Albania.

Key Facts

  • Liquid liabilities in Albania equaled 90.3% of GDP in 2020.
  • Albania's liquid liabilities have grown by over 50% since 2010.
  • Broad money is a key metric for assessing financial sector development.

FAQs

Q: What does this economic trend measure?

A: The 'Liquid Liabilities (Broad Money) for Albania' indicator measures the total value of all financial assets readily available for transactions in the Albanian economy.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the overall size and liquidity of Albania's financial markets, which is important for assessing economic and financial stability.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank based on official government sources.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this indicator to monitor financial sector growth and the effectiveness of monetary policy in Albania.

Q: Are there update delays or limitations?

A: The data is reported annually with some potential delays in publication.

Related Trends

Citation

U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Albania (DDOI07ALA648NWDB), retrieved from FRED.