Liquid Liabilities (Broad Money) for Slovakia
DDOI07SKA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69,299.73
Year-over-Year Change
22.06%
Date Range
1/1/2006 - 1/1/2021
Summary
The 'Liquid Liabilities (Broad Money) for Slovakia' trend measures the total value of liquid assets available in the Slovak economy. It is a key indicator of financial development and monetary policy analysis.
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 total value of currencies, deposits, and other liquid financial instruments held by the public. This metric provides insight into the overall liquidity and depth of the financial system.
Methodology
The data is collected and calculated by the World Bank based on national accounts and monetary survey information.
Historical Context
Policymakers and analysts use this metric to assess the evolution of financial intermediation and the effectiveness of monetary policies.
Key Facts
- Liquid liabilities in Slovakia were 55.78% of GDP in 2020.
- This metric has grown steadily in Slovakia over the past decade.
- Broad money is a key component of the money supply in an economy.
FAQs
Q: What does this economic trend measure?
A: The 'Liquid Liabilities (Broad Money) for Slovakia' trend measures the total value of liquid financial assets, including currency, deposits, and other instruments, available in the Slovak economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall depth and development of Slovakia's financial system, which is crucial for assessing monetary policy effectiveness and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on national accounts and monetary survey information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the evolution of financial intermediation and the efficacy of monetary policies in Slovakia.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical values as new information becomes available.
Related Trends
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Financial System Deposits to GDP for Slovakia
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Producer Prices Index: Economic Activities: Energy: Total for Slovak Republic
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Bank's Net Interest Margin for Slovakia
DDEI01SKA156NWDB
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Slovak Republic
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Slovakia (DDOI07SKA648NWDB), retrieved from FRED.