Broad money as a share of GDP in the Philippines 2010-2020
In 2020, the broad money as a percentage of GDP in the Philippines increased by 13.9 percentage points since 2019. Therefore, the broad money in the Philippines reached a peak in 2020 with 90.49 percent.
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.
Find more statistics on other topics about the Philippines with key insights such as ratio of non-performing loans (NLP) to total gross loans, domestic credit to the private sector as a share of GDP, and deposit interest rate.
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.
Find more statistics on other topics about the Philippines with key insights such as ratio of non-performing loans (NLP) to total gross loans, domestic credit to the private sector as a share of GDP, and deposit interest rate.
