Chad | Broad money growth (annual %)
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. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: Money and the financial accounts that record the supply of money lie at the heart of a country’s financial system. There are several commonly used definitions of the money supply. The narrowest, M1, encompasses currency held by the public and demand deposits with banks. M2 includes M1 plus time and savings deposits with banks that require prior notice for withdrawal. M3 includes M2 as well as various money market instruments, such as certificates of deposit issued by banks, bank deposits denominated in foreign currency, and deposits with financial institutions other than banks. However defined, money is a liability of the banking system, distinguished from other bank liabilities by the special role it plays as a medium of exchange, a unit of account, and a store of value.
Publisher
The World Bank
Origin
Republic of Chad
Records
63
Source
Chad | Broad money growth (annual %)
1960
5.59701493 1961
5.12367491 1962
10.25210084 1963
0.6097561 1964
3.18181818 1965
-3.81791483 1966
2.29007634 1967
10.53731343 1968
8.38509317 1969
13.33001121 1970
7.52995493 1971
3.43488039 1972
5.35678988 1973
41.75422139 1974
10.44272384 1975
24.80675894 1976
13.82687599 1977
24.0836813 1978
12.97460825 1979
-15.32675412 1980
17.83810674 1981
4.48404801 1982
22.33830702 1983
59.8504329 1984
6.10841364 1985
1.13494117 1986
3.66779437 1987
-13.13328292 1988
8.07715215 1989
-0.99335877 1990
3.36963192 1991
-8.20815154 1992
-28.2974595 1993
31.43906021 1994
48.74954115 1995
27.92858522 1996
-4.09873188 1997
-7.71787135 1998
-3.37376801 1999
19.43703413 2000
24.17513837 2001
21.43197238 2002
0.58106923 2003
3.07373277 2004
32.92938525 2005
49.87572068 2006
5.6645064 2007
26.36104582 2008
-4.64472889 2009
25.34682458 2010
14.21731574 2011
13.44553252 2012
8.64853631 2013
26.47504084 2014
-4.70080513 2015
-7.69282448 2016
-4.3650103 2017
0.65096282 2018
22.70099796 2019
17.53841812 2020
13.63201884 2021
2022
Chad | Broad money growth (annual %)
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. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: Money and the financial accounts that record the supply of money lie at the heart of a country’s financial system. There are several commonly used definitions of the money supply. The narrowest, M1, encompasses currency held by the public and demand deposits with banks. M2 includes M1 plus time and savings deposits with banks that require prior notice for withdrawal. M3 includes M2 as well as various money market instruments, such as certificates of deposit issued by banks, bank deposits denominated in foreign currency, and deposits with financial institutions other than banks. However defined, money is a liability of the banking system, distinguished from other bank liabilities by the special role it plays as a medium of exchange, a unit of account, and a store of value.
Publisher
The World Bank
Origin
Republic of Chad
Records
63
Source