Liquid Liabilities (Broad Money) for Nicaragua
DDOI07NIA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,426.65
Year-over-Year Change
51.44%
Date Range
1/1/1960 - 1/1/2021
Summary
This economic trend measures the total value of liquid assets in Nicaragua's economy, which is a broad indicator of money supply and financial depth.
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, refers to the total value of highly liquid financial assets that can be easily converted into cash. This metric is used by economists to assess the overall level of monetization and financial development in a country.
Methodology
The data is collected and reported by the World Bank as part of its World Development Indicators database.
Historical Context
Trends in liquid liabilities are closely monitored by policymakers, central banks, and financial analysts to gauge economic and monetary conditions.
Key Facts
- Nicaragua's liquid liabilities as a share of GDP was 49.4% in 2020.
- Broad money growth in Nicaragua averaged 12.4% per year from 2010 to 2020.
- Liquid liabilities are an important indicator of financial deepening in developing economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of highly liquid financial assets in Nicaragua's economy, which is a broad indicator of money supply and financial depth.
Q: Why is this trend relevant for users or analysts?
A: Trends in liquid liabilities are closely monitored by policymakers, central banks, and financial analysts to gauge economic and monetary conditions in a country.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its World Development Indicators database.
Q: How is this trend used in economic policy?
A: Liquid liabilities data is used by economists and policymakers to assess the overall level of monetization and financial development in a country, which informs monetary and financial sector policies.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and potential limitations in coverage or methodology, as is common with macroeconomic indicators from developing countries.
Related Trends
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Nicaragua
NICFCNODCANUM
Financial System Deposits to GDP for Nicaragua
DDDI08NIA156NWDB
Number of Identified Exporters to Nicaragua from Nevada
NVNICA475SCEN
Value of Exports to Nicaragua from Massachusetts
MANICA052SCEN
Value of Exports to Nicaragua from North Carolina
NCNICA052SCEN
Value of Exports to Nicaragua from North Dakota
NDNICA052SCEN
Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Nicaragua (DDOI07NIA648NWDB), retrieved from FRED.