Algeria DZ: Broad Money: % of GDP

Algeria DZ: Broad Money: % of GDP data was reported at 74.660 % in 2023. This records an increase from the previous number of 71.672 % for 2022. Algeria DZ: Broad Money: % of GDP data is updated yearly, averaging 59.390 % from Dec 1964 (Median) to 2023, with 60 observations. The data reached an all-time high of 84.872 % in 2020 and a record low of 33.006 % in 1996. Algeria DZ: Broad Money: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Algeria – Table DZ.World Bank.WDI: Money Supply. 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.;International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.;Weighted average;The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

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