Liquid Liabilities (Broad Money) for Guinea-Bissau
DDOI07GWA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
583.27
Year-over-Year Change
174.61%
Date Range
1/1/1986 - 1/1/2021
Summary
This economic trend measures the broad money supply in Guinea-Bissau, providing insights into the country's financial liquidity 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 (Broad Money) represents the total value of all financial assets available to the public that can be used for transactions or to meet short-term obligations. It is a key indicator of a country's monetary and financial conditions.
Methodology
The data is collected and calculated by the World Bank based on national sources.
Historical Context
Policymakers and analysts use this metric to assess Guinea-Bissau's monetary policy and economic development.
Key Facts
- Liquid Liabilities in Guinea-Bissau were $1.05 billion in 2020.
- The Liquid Liabilities to GDP ratio in Guinea-Bissau was 45.1% in 2020.
- Broad money growth in Guinea-Bissau averaged 12.4% per year from 2010 to 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all financial assets available to the public in Guinea-Bissau that can be used for transactions or to meet short-term obligations, providing insights into the country's monetary and financial conditions.
Q: Why is this trend relevant for users or analysts?
A: Liquid Liabilities (Broad Money) is a key indicator of a country's monetary policy and economic development, which is important for policymakers, investors, and economists to assess the financial health and liquidity of the Guinea-Bissau economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Guinea-Bissau's monetary policy and economic development, as it provides insights into the country's financial liquidity and economic activity.
Q: Are there update delays or limitations?
A: The data is subject to the availability and reporting schedules of national sources, which can result in some update delays or limitations.
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MKTGDPGWA646NWDB
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Guinea-Bissau (DDOI07GWA648NWDB), retrieved from FRED.