Myanmar - Broad money growth (annual %)

The value for Broad money growth (annual %) in Myanmar was 18.18 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 43.64 in 2001 and a minimum value of -24.66 in 1987.

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
1961 2.35
1962 12.33
1963 34.34
1964 -7.73
1965 -8.08
1966 7.89
1967 3.11
1968 0.85
1969 0.93
1970 4.48
1971 4.62
1972 19.27
1973 20.60
1974 22.21
1975 18.66
1976 10.49
1977 4.32
1978 15.68
1979 16.67
1980 16.98
1981 20.42
1982 13.17
1983 15.60
1984 17.65
1985 -1.77
1986 31.34
1987 -24.66
1988 29.93
1989 32.22
1990 37.66
1991 36.89
1992 34.19
1993 26.97
1994 33.20
1995 38.93
1996 39.05
1997 28.08
1998 33.67
1999 29.54
2000 42.44
2001 43.64
2002 35.59
2003 0.73
2004 32.09
2005 27.31
2006 27.31
2007 29.92
2008 14.89
2009 30.64
2010 42.50
2011 30.60
2012 32.56
2013 31.43
2014 20.96
2015 30.67
2016 17.45
2017 20.54
2018 14.57
2019 15.54
2020 18.18

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)