Bangladesh - Broad money growth (annual %)

The value for Broad money growth (annual %) in Bangladesh was 13.08 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 43.00 in 2001 and a minimum value of 5.39 in 1975.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1975 5.39
1976 18.96
1977 24.07
1978 26.31
1979 22.55
1980 21.00
1981 16.82
1982 12.08
1983 40.34
1984 36.30
1985 13.68
1986 16.26
1987 18.81
1988 13.66
1989 18.64
1990 10.40
1991 13.71
1992 12.04
1993 10.51
1994 19.33
1995 12.15
1996 10.73
1997 9.74
1998 11.41
1999 15.47
2000 19.35
2001 43.00
2002 14.50
2003 14.07
2004 14.13
2005 15.81
2006 20.22
2007 13.55
2008 16.41
2009 20.24
2010 21.08
2011 16.92
2012 17.01
2013 14.85
2014 15.61
2015 14.89
2016 16.70
2017 13.74
2018 11.51
2019 11.91
2020 13.08

Limitations and Exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries.

Statistical Concept and Methodology: Money and the financial accounts that record the supply of money lie at the heart of a country’s financial system. There are several commonly used definitions of the money supply. The narrowest, M1, encompasses currency held by the public and demand deposits with banks. M2 includes M1 plus time and savings deposits with banks that require prior notice for withdrawal. M3 includes M2 as well as various money market instruments, such as certificates of deposit issued by banks, bank deposits denominated in foreign currency, and deposits with financial institutions other than banks. However defined, money is a liability of the banking system, distinguished from other bank liabilities by the special role it plays as a medium of exchange, a unit of account, and a store of value.

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)