In 2023, the broad money as a percentage of GDP in Mongolia remained nearly unchanged at around 54.63 percent. Still, 2023 marked the third consecutive decline of the broad money. Broad money is the sum of currency outside of 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.
According to the source, broad money 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 travelers checks, and other securities such as certificates of deposit and commercial paper.'
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World Bank. (October 24, 2024). Broad money as a share of GDP in Mongolia from 2014 to 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/736713/broad-money-as-a-share-of-gdp-in-mongolia/
World Bank. "Broad money as a share of GDP in Mongolia from 2014 to 2023." Chart. October 24, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/736713/broad-money-as-a-share-of-gdp-in-mongolia/
World Bank. (2024). Broad money as a share of GDP in Mongolia from 2014 to 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/736713/broad-money-as-a-share-of-gdp-in-mongolia/
World Bank. "Broad Money as a Share of Gdp in Mongolia from 2014 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/736713/broad-money-as-a-share-of-gdp-in-mongolia/
World Bank, Broad money as a share of GDP in Mongolia from 2014 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/736713/broad-money-as-a-share-of-gdp-in-mongolia/ (last visited November 10, 2024)
Broad money as a share of GDP in Mongolia from 2014 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/736713/broad-money-as-a-share-of-gdp-in-mongolia/