The broad money annual growth rate in the United Kingdom decreased by 11.2 percentage points (-130.08 percent) in 2023 in comparison to the previous year. As a result, the annual growth rate in the United Kingdom saw its lowest number in 2023 with -2.63 percent. Broad money is a measure of the amount of money in a national economy. It includes currency, deposits with an agreed maturity of up to two years, deposits redeemable at notice of up to three months and repurchase agreements, money market fund shares/units and debt securities up to two years. It is measured as a seasonally adjusted index based on 2015=100.
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 the United Kingdom (UK) from 2013 to 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/564381/broad-money-annual-growth-united-kingdom-uk/
World Bank. "Broad money annual growth rate in the United Kingdom (UK) from 2013 to 2023." Chart. October 24, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564381/broad-money-annual-growth-united-kingdom-uk/
World Bank. (2024). Broad money annual growth rate in the United Kingdom (UK) from 2013 to 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564381/broad-money-annual-growth-united-kingdom-uk/
World Bank. "Broad Money Annual Growth Rate in The United Kingdom (Uk) from 2013 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564381/broad-money-annual-growth-united-kingdom-uk/
World Bank, Broad money annual growth rate in the United Kingdom (UK) from 2013 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564381/broad-money-annual-growth-united-kingdom-uk/ (last visited November 10, 2024)
Broad money annual growth rate in the United Kingdom (UK) from 2013 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/564381/broad-money-annual-growth-united-kingdom-uk/
