Tunisia | 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
Tunisian Republic
Records
63
Source
Tunisia | Broad money growth (annual %)
1960
1961 12.189789
1962 10.09452348
1963 26.37481302
1964 3.18258543
1965 8.35250915
1966 13.08120231
1967 6.37260605
1968 12.89828655
1969 6.0269587
1970 9.14980356
1971 21.14752203
1972 16.67884076
1973 20.18104141
1974 28.18597776
1975 22.24681175
1976 15.63433048
1977 13.43722888
1978 19.82240111
1979 16.16674622
1980 18.53917288
1981 22.73533579
1982 19.874231
1983 16.39180222
1984 11.67788993
1985 14.3999372
1986 4.91025266
1987 14.9222028
1988 17.52325608
1989 15.47009537
1990 7.64850533
1991 5.80264389
1992 8.32827071
1993 6.13560093
1994 8.06822957
1995 6.57009403
1996 13.34942712
1997 16.50481771
1998 5.44169118
1999 18.87199673
2000 14.13859078
2001 18.3672412
2002 3.10810755
2003 4.73964797
2004 8.15543613
2005 11.16952867
2006 11.76733557
2007 13.37468
2008 13.33146982
2009 12.85380936
2010 11.75448147
2011 9.58076538
2012 8.06566316
2013 6.24244038
2014 7.9468299
2015 5.41253975
2016 8.04016151
2017 11.96440842
2018 7.11393184
2019 10.9475815
2020 10.31221291
2021 8.68328822
2022 9.13387826

Tunisia | 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
Tunisian Republic
Records
63
Source