Liquid Liabilities (Broad Money) for Cote d'Ivoire

DDOI07CIA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20,954.68

Year-over-Year Change

167.70%

Date Range

1/1/1962 - 1/1/2021

Summary

The 'Liquid Liabilities (Broad Money) for Cote d'Ivoire' trend measures the total value of the most liquid forms of money in the Ivorian economy, providing insights into money supply and economic activity.

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, also known as broad money, encompass the most easily accessible monetary assets in an economy, including currency, deposits, and other highly liquid instruments. This indicator is a key metric used by economists and policymakers to analyze monetary conditions and financial sector development.

Methodology

The data is collected and calculated by the World Bank using national sources.

Historical Context

Trends in broad money can inform monetary policy decisions and provide context for interpreting other macroeconomic indicators.

Key Facts

  • Liquid liabilities include currency, deposits, and other highly liquid financial instruments.
  • Broad money is a key indicator of money supply and economic activity.
  • Cote d'Ivoire is a West African economy and a member of the Economic Community of West African States (ECOWAS).

FAQs

Q: What does this economic trend measure?

A: The 'Liquid Liabilities (Broad Money) for Cote d'Ivoire' trend measures the total value of the most liquid forms of money in the Ivorian economy, including currency, deposits, and other highly liquid financial instruments.

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

A: This trend provides important insights into the money supply and financial sector development in Cote d'Ivoire, which can inform monetary policy decisions and the interpretation of other macroeconomic indicators.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank using national sources.

Q: How is this trend used in economic policy?

A: Trends in broad money can be used by economists and policymakers to analyze monetary conditions and inform monetary policy decisions in Cote d'Ivoire and the surrounding region.

Q: Are there update delays or limitations?

A: The data is subject to the availability and publication schedules of the national sources used by the World Bank.

Related Trends

Citation

U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Cote d'Ivoire (DDOI07CIA648NWDB), retrieved from FRED.