Nicaragua NI: Broad Money: % of GDP

Nicaragua NI: Broad Money: % of GDP data was reported at 39.758 % in 2016. This records an increase from the previous number of 39.305 % for 2015. Nicaragua NI: Broad Money: % of GDP data is updated yearly, averaging 28.385 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 69.896 % in 1984 and a record low of 12.065 % in 1961. Nicaragua NI: Broad Money: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nicaragua – Table NI.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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