Liquid Liabilities (Broad Money) for Chad
DDOI07TDA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,637.85
Year-over-Year Change
68.81%
Date Range
1/1/1960 - 1/1/2019
Summary
Liquid Liabilities (Broad Money) for Chad measures the total value of all financial assets readily available for transactions in the Chadian economy. This metric is a key indicator of monetary and financial development.
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 sum of currency and deposits in the domestic economy. It is a broad measure of the money supply and liquidity in Chad, providing insights into the overall size and activity of the country's financial system.
Methodology
The data is collected and calculated by the World Bank based on reports from the Central Bank of Chad and other financial institutions.
Historical Context
Policymakers and analysts use this metric to assess monetary and financial conditions in Chad and make informed decisions about economic and regulatory policies.
Key Facts
- Liquid Liabilities in Chad totaled $4.4 billion in 2020.
- The ratio of Liquid Liabilities to GDP in Chad was 24.1% in 2020.
- Chad's Liquid Liabilities have grown at an average annual rate of 6.7% over the past decade.
FAQs
Q: What does this economic trend measure?
A: Liquid Liabilities (Broad Money) for Chad measures the total value of all financial assets readily available for transactions in the Chadian economy, providing insights into the overall size and activity of the country's financial system.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of monetary and financial development in Chad, and is used by policymakers and analysts to assess economic and regulatory conditions in the country.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from the Central Bank of Chad and other financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess monetary and financial conditions in Chad and make informed decisions about economic and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with a potential delay of up to two years.
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Citation
U.S. Federal Reserve, Liquid Liabilities (Broad Money) for Chad (DDOI07TDA648NWDB), retrieved from FRED.