Samoa | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. 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: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Independent State of Samoa
Records
63
Source
Samoa | Claims on central government (annual growth as % of broad money)
1960
1961
-13.39541547 1962
13.66384522 1963
-53.28798186 1964
52.67062315 1965
10.97890752 1966
28.7750792 1967
0.98803952 1968
-62.76400367 1969
14.0321915 1970
4.41678778 1971
25.23878437 1972
21.62651986 1973
-5.7697474 1974
22.82038141 1975
21.58109689 1976
-7.34706862 1977
38.50873754 1978
38.99644452 1979
28.44926709 1980
50.70631591 1981
-11.45542791 1982
-15.60631024 1983
-21.73700587 1984
5.39888299 1985
-18.49236643 1986
-11.65112764 1987
-26.68366155 1988
-20.00299103 1989
-12.48033046 1990
-12.40483872 1991
-0.6782165 1992
12.48308121 1993
12.03577498 1994
-1.95867789 1995
-8.20089017 1996
-11.90703439 1997
-8.62991941 1998
3.0404422 1999
0.85284829 2000
20.0790691 2001
-1.56686821 2002
4.42130722 2003
-4.17734296 2004
-2.67609672 2005
0.41610711 2006
4.51027581 2007
-1.62852912 2008
-4.53224506 2009
-5.61214211 2010
0.27176771 2011
-0.0077039 2012
0.36357733 2013
5.67891749 2014
-4.84638304 2015
-3.08701044 2016
-3.17477899 2017
-6.13659339 2018
-2.08622572 2019
-7.08138052 2020
0.49437973 2021
-0.46071449 2022
Samoa | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. 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: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Independent State of Samoa
Records
63
Source