Liquid Liabilities (Broad Money) for Singapore
DDOI07SGA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
455,692.20
Year-over-Year Change
88.67%
Date Range
1/1/1963 - 1/1/2020
Summary
The Liquid Liabilities (Broad Money) for Singapore measures the total value of all financial assets that are readily available for spending. It is a key indicator of monetary and financial conditions in the country.
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, encompasses a wide range of financial assets including currency, deposits, and other liquid instruments. This metric provides insight into the overall liquidity and money supply within the Singaporean economy.
Methodology
The data is collected and calculated by the World Bank based on official government and central bank statistics.
Historical Context
Policymakers and analysts use this metric to gauge monetary policy effectiveness and financial system health.
Key Facts
- Liquid Liabilities in Singapore reached a record high of 1.69 trillion SGD in 2020.
- Broad Money growth averaged 6.4% annually from 2010-2020 in Singapore.
- Singapore has one of the highest Liquid Liabilities to GDP ratios globally at over 110%.
FAQs
Q: What does this economic trend measure?
A: The Liquid Liabilities (Broad Money) for Singapore metric measures the total value of all financial assets that are readily available for spending in the Singaporean economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the overall liquidity and money supply conditions in Singapore, which is crucial for assessing monetary policy effectiveness and financial system health.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on official government and central bank statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Liquid Liabilities metric to gauge monetary policy effectiveness and evaluate the broader financial conditions in the Singaporean economy.
Q: Are there update delays or limitations?
A: The Liquid Liabilities data for Singapore is published annually with a lag of 1-2 years.
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Singapore (DDOI07SGA648NWDB), retrieved from FRED.