Honduras | 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 Honduras
Records
63
Source
Create chart Download showed records Download Full dataset
Honduras | Broad money growth (annual %)
1960
4.73372781 1961
12.61770245 1962
9.19732441 1963
11.79173047 1964
17.32876712 1965
11.85055458 1966
2.40083507 1967
13.86340469 1968
18.97940913 1969
14.22121896 1970
10.63899868 1971
13.9922596 1972
21.9117263 1973
2.89203085 1974
12.5130127 1975
30.94004441 1976
20.87337479 1977
20.58926692 1978
8.890828 1979
9.58062506 1980
8.92175185 1981
19.64192465 1982
17.08442449 1983
10.69336458 1984
-1.64052728 1985
9.24431401 1986
22.36400269 1987
13.83461398 1988
13.33290476 1989
20.57630676 1990
18.57505763 1991
24.71286029 1992
11.39830441 1993
28.27300635 1994
28.88708313 1995
38.8463299 1996
61.15744008 1997
20.27410089 1998
19.40790086 1999
15.41626555 2000
24.32326566 2001
12.77446725 2002
12.14216673 2003
18.0710396 2004
17.32603749 2005
21.58581117 2006
16.6249511 2007
4.85861121 2008
0.56654935 2009
9.78570637 2010
12.38826659 2011
6.97913043 2012
8.26993964 2013
13.24094379 2014
7.80983913 2015
17.92726023 2016
12.41787963 2017
8.11612335 2018
10.7090863 2019
18.57775204 2020
9.66109176 2021
13.02115636 2022
Honduras | 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 Honduras
Records
63
Source
Create chart Download showed records Download Full dataset