The broad money annual growth rate in Bulgaria decreased by 4.5 percentage points (-34.09 percent) since the previous year. Nevertheless, the last two years recorded a significant higher 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 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 Bulgaria from 2013 to 2023 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/564556/broad-money-annual-growth-bulgaria-europe/
World Bank. "Broad money annual growth rate in Bulgaria from 2013 to 2023." Chart. June 28, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564556/broad-money-annual-growth-bulgaria-europe/
World Bank. (2024). Broad money annual growth rate in Bulgaria from 2013 to 2023. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/564556/broad-money-annual-growth-bulgaria-europe/
World Bank. "Broad Money Annual Growth Rate in Bulgaria from 2013 to 2023." Statista, Statista Inc., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564556/broad-money-annual-growth-bulgaria-europe/
World Bank, Broad money annual growth rate in Bulgaria from 2013 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/564556/broad-money-annual-growth-bulgaria-europe/ (last visited September 20, 2024)
Broad money annual growth rate in Bulgaria from 2013 to 2023 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/564556/broad-money-annual-growth-bulgaria-europe/