Broad Money for Ethiopia
ETHFMBGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.45
Year-over-Year Change
-27.10%
Date Range
1/1/2000 - 1/1/2026
Summary
The Broad Money for Ethiopia indicator tracks the total amount of money and liquid assets circulating in the Ethiopian economy. It is a key metric for assessing the country's monetary and financial conditions.
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
Broad money is a comprehensive measure of the money supply that includes cash, checking deposits, savings deposits, and other liquid assets. This statistic provides insights into the overall level of economic activity and liquidity in Ethiopia.
Methodology
The data is collected and calculated by the National Bank of Ethiopia.
Historical Context
Broad money is closely monitored by policymakers and analysts to gauge inflationary pressures and the effectiveness of monetary policy.
Key Facts
- Ethiopia's broad money has grown by over 20% annually in recent years.
- Broad money as a percentage of GDP is a measure of financial depth.
- Rapid growth in broad money can signal inflationary risks.
FAQs
Q: What does this economic trend measure?
A: The Broad Money for Ethiopia indicator tracks the total amount of money and other liquid assets circulating in the Ethiopian economy.
Q: Why is this trend relevant for users or analysts?
A: Broad money is a key metric for assessing the overall level of economic activity, liquidity, and inflationary pressures in Ethiopia.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the National Bank of Ethiopia.
Q: How is this trend used in economic policy?
A: Broad money is closely monitored by policymakers and analysts to gauge the effectiveness of monetary policy and manage inflationary risks.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and data collection practices of the National Bank of Ethiopia.
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Citation
U.S. Federal Reserve, Broad Money for Ethiopia (ETHFMBGDPPT), retrieved from FRED.