The broad money annual growth rate in Denmark decreased by 5.4 percentage points (-49.54 percent) in 2023 in comparison to the previous year. Over the observed period, the annual growth rate has been subject to fluctuation. Broad money is a method to calculate an economy's money supply. It includes a wide scope for the definition of money, such as notes, coins, bank deposits, treasury bills, and gilts.
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. (June 28, 2024). Broad money annual growth rate in Denmark from 2013 to 2023 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/564365/broad-money-annual-growth-denmark-europe/
World Bank. "Broad money annual growth rate in Denmark from 2013 to 2023." Chart. June 28, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564365/broad-money-annual-growth-denmark-europe/
World Bank. (2024). Broad money annual growth rate in Denmark from 2013 to 2023. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564365/broad-money-annual-growth-denmark-europe/
World Bank. "Broad Money Annual Growth Rate in Denmark from 2013 to 2023." Statista, Statista Inc., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564365/broad-money-annual-growth-denmark-europe/
World Bank, Broad money annual growth rate in Denmark from 2013 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564365/broad-money-annual-growth-denmark-europe/ (last visited September 20, 2024)
Broad money annual growth rate in Denmark from 2013 to 2023 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/564365/broad-money-annual-growth-denmark-europe/