The broad money as a percentage of GDP in Myanmar increased by 13.1 percentage points (+23.35 percent) in 2020. With 69.2 percent, the broad money thereby reached its highest value in the observed period. Notably, the broad money continuously increased over the last years. 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. (June 28, 2024). Broad money as a share of GDP in Myanmar from 2011 to 2020 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/736746/broad-money-as-a-share-of-gdp-in-myanmar/
World Bank. "Broad money as a share of GDP in Myanmar from 2011 to 2020." Chart. June 28, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/736746/broad-money-as-a-share-of-gdp-in-myanmar/
World Bank. (2024). Broad money as a share of GDP in Myanmar from 2011 to 2020. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/736746/broad-money-as-a-share-of-gdp-in-myanmar/
World Bank. "Broad Money as a Share of Gdp in Myanmar from 2011 to 2020." Statista, Statista Inc., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/736746/broad-money-as-a-share-of-gdp-in-myanmar/
World Bank, Broad money as a share of GDP in Myanmar from 2011 to 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/736746/broad-money-as-a-share-of-gdp-in-myanmar/ (last visited September 20, 2024)
Broad money as a share of GDP in Myanmar from 2011 to 2020 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/736746/broad-money-as-a-share-of-gdp-in-myanmar/