Mali | 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 Mali
Records
63
Source
Create chart Download showed records Download Full dataset
Mali | Broad money growth (annual %)
1960
1961
1962
9.91791045 1963
16.32154254 1964
8.83091111 1965
20.89992492 1966
9.51071286 1967
-4.6056629 1968
3.6433121 1969
11.77073091 1970
7.63901617 1971
11.76911289 1972
8.78401024 1973
51.99697513 1974
19.86585343 1975
11.45580323 1976
15.36923119 1977
23.11196126 1978
16.74451577 1979
4.47263351 1980
3.02554997 1981
11.74679475 1982
20.70582377 1983
34.51589061 1984
8.67987052 1985
6.05913342 1986
-3.98168643 1987
8.2570375 1988
0.95357541 1989
-4.89475374 1990
13.09109032 1991
2.96426771 1992
8.37032421 1993
39.20954415 1994
7.30578921 1995
24.46576441 1996
8.90320553 1997
4.17649879 1998
1.00663981 1999
12.50006541 2000
20.38153935 2001
25.64258484 2002
21.59354734 2003
-3.59772976 2004
11.75451941 2005
9.83481251 2006
-1.25016683 2007
-13.04959675 2008
42.13013799 2009
16.3316854 2010
12.91862741 2011
15.48594046 2012
8.19728454 2013
5.79240603 2014
10.39295165 2015
10.74451477 2016
4.32651866 2017
12.50691469 2018
4.36573761 2019
12.26079209 2020
36.41251429 2021
10.72051025 2022
Mali | 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 Mali
Records
63
Source
Create chart Download showed records Download Full dataset