Mexico | 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
United Mexican States
Records
63
Source
Mexico | Broad money growth (annual %)
1960
1961 13.15859856
1962 13.18837154
1963 16.68406766
1964 16.82176092
1965 9.14522059
1966 9.03859649
1967 11.93203759
1968 12.52299908
1969 18.36484415
1970 16.76739769
1971 12.96953564
1972 16.96557141
1973 25.01398993
1974 21.9561325
1975 26.37548174
1976 54.22729517
1977 4.38401567
1978 35.01713873
1979 35.82308926
1980 38.20954255
1981 50.23133319
1982 54.36368805
1983 63.50521793
1984 69.10080721
1985 41.96269982
1986 71.01970597
1987 141.50891632
1988 -13.00882275
1989 95.90397632
1990 83.78549527
1991 49.20842174
1992 23.57252242
1993 16.89960298
1994 20.10819876
1995 31.85574352
1996 27.01118486
1997 56.84953317
1998 17.44889536
1999 18.74792479
2000 -4.48743089
2001 18.84413571
2002 5.07161044
2003 9.3428854
2004 13.04610643
2005 9.96849553
2006 6.69259611
2007 10.14778437
2008 8.89894067
2009 11.52443575
2010 12.76380386
2011 9.97857566
2012 10.08395064
2013 8.27958287
2014 12.19263795
2015 12.18890483
2016 12.3347319
2017 11.2247048
2018 4.52895705
2019 4.70005359
2020 13.44001459
2021 9.50769006
2022 7.32427834

Mexico | 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
United Mexican States
Records
63
Source