Liquid Liabilities (Broad Money) for Namibia
DDOI07NAA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,516.90
Year-over-Year Change
-15.66%
Date Range
1/1/1990 - 1/1/2021
Summary
This economic trend measures the total amount of liquid assets, or 'broad money', in the Namibian economy. It is a key indicator of financial depth and liquidity that helps policymakers and analysts assess the overall size and activity of the country's monetary sector.
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, includes cash, checking deposits, and other readily-available financial instruments. It provides a comprehensive view of the total liquid resources available to transact in the Namibian economy. This metric is widely used to evaluate financial development and the scale of money supply.
Methodology
The data is collected and reported by the World Bank based on official government statistics.
Historical Context
Trends in Namibia's liquid liabilities are closely watched by the central bank, policymakers, and financial market participants.
Key Facts
- Namibia's liquid liabilities equaled 59% of GDP in 2020.
- Broad money growth in Namibia averaged 10.8% per year from 2010-2020.
- Namibia has one of the most developed financial sectors in sub-Saharan Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of liquid assets, or 'broad money', in the Namibian economy. It provides a comprehensive view of the financial resources available for transactions.
Q: Why is this trend relevant for users or analysts?
A: Trends in Namibia's liquid liabilities are closely watched by policymakers, central banks, and financial market participants as an indicator of financial depth and overall money supply in the economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on official Namibian government statistics.
Q: How is this trend used in economic policy?
A: Namibia's liquid liabilities data is used by the central bank and policymakers to monitor financial sector development and assess the appropriate stance of monetary policy.
Q: Are there update delays or limitations?
A: The data is reported annually with a lag of about 1-2 years.
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Namibia (DDOI07NAA648NWDB), retrieved from FRED.