In 2023, the broad money annual growth rate in the Czech Republic increased by 3.6 percentage points (+58.92 percent) compared to 2022. The year 2023 therefore marks a significant change in the annual growth rate compared to the previous year. Broad money is a measure of the amount of money in a national economy. It includes both narrow money, such as coins and currency, and other, less liquid forms of money, such as certain bank deposits and debt securities.
The source added the following 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.'
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World Bank. (October 24, 2024). Broad money annual growth rate in Czechia from 2013 to 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/564350/broad-money-annual-growth-czechia-europe/
World Bank. "Broad money annual growth rate in Czechia from 2013 to 2023." Chart. October 24, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564350/broad-money-annual-growth-czechia-europe/
World Bank. (2024). Broad money annual growth rate in Czechia from 2013 to 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564350/broad-money-annual-growth-czechia-europe/
World Bank. "Broad Money Annual Growth Rate in Czechia from 2013 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564350/broad-money-annual-growth-czechia-europe/
World Bank, Broad money annual growth rate in Czechia from 2013 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564350/broad-money-annual-growth-czechia-europe/ (last visited November 10, 2024)
Broad money annual growth rate in Czechia from 2013 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/564350/broad-money-annual-growth-czechia-europe/