Philippines vs Sub-Saharan Africa (excluding high income): Broad money
Broad money over time
- Philippines
- Sub-Saharan Africa (excluding high income)
How they compare
Philippines currently reports 85.9% against 38.6% in Sub-Saharan Africa (excluding high income), a difference of 47.3%.
That makes Philippines's figure about 2.2 times Sub-Saharan Africa (excluding high income)'s.
The two have swapped places 5 times across 58 shared years of data; in 1965 it was Sub-Saharan Africa (excluding high income) ahead.
Philippines ranks 36th and Sub-Saharan Africa (excluding high income) ranks 38th of 167 countries.
Across the 7 decades both report, Philippines averaged higher in 3 and Sub-Saharan Africa (excluding high income) in 4.
Head to head by decade
| Decade | Philippines | Sub-Saharan Africa (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 22.1% | 25.2% | 3.1% | Sub-Saharan Africa (excluding high income) |
| 1970s | 20.3% | 28.3% | 8.0% | Sub-Saharan Africa (excluding high income) |
| 1980s | 24.7% | 27.3% | 2.6% | Sub-Saharan Africa (excluding high income) |
| 1990s | 43.1% | 27.8% | 15.3% | Philippines |
| 2000s | 56.4% | 63.5% | 7.2% | Sub-Saharan Africa (excluding high income) |
| 2010s | 67.9% | 58.6% | 9.4% | Philippines |
| 2020s | 88.9% | 35.8% | 53.1% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Philippines or Sub-Saharan Africa (excluding high income)?
- Philippines, at 85.9% against 38.6% in Sub-Saharan Africa (excluding high income) as of 2022.
- What is the difference in broad money between Philippines and Sub-Saharan Africa (excluding high income)?
- 47.3%, with Philippines ahead.
- How many years of comparable data are there for Philippines and Sub-Saharan Africa (excluding high income)?
- 58 years are reported by both, from 1965 to 2022.
- How do Philippines and Sub-Saharan Africa (excluding high income) rank globally for broad money?
- Philippines ranks 36th and Sub-Saharan Africa (excluding high income) ranks 38th of 167 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.