Philippines vs Sub-Saharan Africa: Broad money
Broad money over time
- Philippines
- Sub-Saharan Africa
How they compare
Philippines currently reports 85.9% against 38.7% in Sub-Saharan Africa, a difference of 47.2%.
That makes Philippines's figure about 2.2 times Sub-Saharan Africa's.
The two have swapped places 5 times across 58 shared years of data; in 1965 it was Sub-Saharan Africa ahead.
Philippines ranks 36th and Sub-Saharan Africa ranks 36th of 167 countries.
Across the 7 decades both report, Philippines averaged higher in 3 and Sub-Saharan Africa in 4.
Head to head by decade
| Decade | Philippines | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 22.1% | 25.2% | 3.1% | Sub-Saharan Africa |
| 1970s | 20.3% | 28.3% | 8.0% | Sub-Saharan Africa |
| 1980s | 24.7% | 27.3% | 2.6% | Sub-Saharan Africa |
| 1990s | 43.1% | 27.8% | 15.3% | Philippines |
| 2000s | 56.4% | 63.6% | 7.2% | Sub-Saharan Africa |
| 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?
- Philippines, at 85.9% against 38.7% in Sub-Saharan Africa as of 2022.
- What is the difference in broad money between Philippines and Sub-Saharan Africa?
- 47.2%, with Philippines ahead.
- How many years of comparable data are there for Philippines and Sub-Saharan Africa?
- 58 years are reported by both, from 1965 to 2022.
- How do Philippines and Sub-Saharan Africa rank globally for broad money?
- Philippines ranks 36th and Sub-Saharan Africa ranks 36th 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.
Individual pages
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.