The broad money annual growth rate in Sweden decreased to -1.27 percent compared to the previous year. In 2023, the annual growth rate thereby reached its lowest value in recent 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 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.' Figures were reinstated based on the latest report.
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World Bank. (October 24, 2024). Broad money annual growth rate in Sweden from 2013 to 2023 [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/564545/broad-money-annual-growth-sweden-europe/
World Bank. "Broad money annual growth rate in Sweden from 2013 to 2023." Chart. October 24, 2024. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564545/broad-money-annual-growth-sweden-europe/
World Bank. (2024). Broad money annual growth rate in Sweden from 2013 to 2023. Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564545/broad-money-annual-growth-sweden-europe/
World Bank. "Broad Money Annual Growth Rate in Sweden from 2013 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564545/broad-money-annual-growth-sweden-europe/
World Bank, Broad money annual growth rate in Sweden from 2013 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564545/broad-money-annual-growth-sweden-europe/ (last visited November 13, 2024)
Broad money annual growth rate in Sweden from 2013 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/564545/broad-money-annual-growth-sweden-europe/