The broad money annual growth rate in Russia increased by 11.6 percentage points (+227.45 percent) in 2020. This was a significant increase in the annual growth rate. Nevertheless, the last two years recorded a significantly lower annual growth rate than the preceding years. Broad money is a method for measuring the amount of money circulating in an economy. It is used to calculate a country's money supply, and it includes narrow money (physical money such as coins and currency) and other assets that are easily converted into currency.
The source specifies: '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.' Figures were reinstated based on the latest report.
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World Bank. (October 24, 2024). Broad money annual growth rate in Russia from 2010 to 2020 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/564540/broad-money-annual-growth-russia-europe/
World Bank. "Broad money annual growth rate in Russia from 2010 to 2020." Chart. October 24, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564540/broad-money-annual-growth-russia-europe/
World Bank. (2024). Broad money annual growth rate in Russia from 2010 to 2020. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564540/broad-money-annual-growth-russia-europe/
World Bank. "Broad Money Annual Growth Rate in Russia from 2010 to 2020." Statista, Statista Inc., 24 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564540/broad-money-annual-growth-russia-europe/
World Bank, Broad money annual growth rate in Russia from 2010 to 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564540/broad-money-annual-growth-russia-europe/ (last visited November 13, 2024)
Broad money annual growth rate in Russia from 2010 to 2020 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/564540/broad-money-annual-growth-russia-europe/
