Broad money (% of GDP) by country
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...
Countries reporting
167
Highest
481.0%
Hong Kong
Lowest
11.2%
Zimbabwe
Median
59.6%
Years covered
66
1960–2025
Data points
10,920
What the numbers show
Broad money (% of GDP) is currently reported for 167 countries. The highest value is 481.0% in Hong Kong; the lowest is 11.2% in Zimbabwe.
The median across all reporting countries is 59.6%, and the mean is 69.4%.
The gap between the highest and lowest reporting country is a factor of about 43.
Over the past decade 127 countries rose and 40 fell. The largest increase was in Myanmar (up 193.6%), and the largest decrease in Angola (down 61.8%).
Broad money (% of GDP): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Hong Kong | 481.0% | 2025 | up 31.6% | rising |
| 2 | Lebanon | 260.6% | 2017 | up 8.2% | rising |
| 3 | Japan | 246.8% | 2025 | up 7.9% | rising |
| 4 | China | 227.7% | 2024 | up 21.5% | rising |
| 5 | Macao | 201.2% | 2025 | up 52.7% | rising |
| 6 | Switzerland | 181.9% | 2016 | up 40.9% | rising |
| 7 | Eritrea | 176.8% | 2014 | up 37.1% | rising |
| 8 | South Korea | 162.7% | 2024 | up 28.3% | volatile |
| 9 | Singapore | 147.7% | 2020 | up 19.8% | rising |
| 10 | Mauritius | 142.3% | 2025 | up 38.5% | rising |
| 11 | United Kingdom | 141.9% | 2024 | up 5.6% | volatile |
| 12 | Thailand | 141.0% | 2024 | up 11.0% | volatile |
| 13 | Vietnam | 136.3% | 2022 | up 60.6% | volatile |
| 14 | Australia | 133.1% | 2025 | up 18.1% | rising |
| 15 | Nepal | 131.2% | 2025 | up 51.9% | volatile |
| 16 | Cambodia | 124.8% | 2025 | up 130.9% | volatile |
| 17 | Canada | 122.6% | 2008 | up 64.8% | rising |
| 18 | Morocco | 121.3% | 2025 | up 13.9% | volatile |
| 19 | Malaysia | 120.6% | 2025 | down 9.2% | rising |
| 20 | Brazil | 118.2% | 2025 | up 34.2% | volatile |
| 21 | United Arab Emirates | 114.1% | 2024 | up 58.3% | volatile |
| 22 | Palestine | 110.4% | 2024 | up 92.1% | rising |
| 23 | Jordan | 104.3% | 2024 | up 5.5% | rising |
| 24 | Israel | 103.7% | 2025 | up 24.9% | rising |
| 25 | Saint Kitts and Nevis | 103.7% | 2025 | down 28.6% | rising |
| 26 | United States | 99.7% | 2025 | up 12.6% | rising |
| 27 | New Zealand | 99.6% | 2025 | up 0.4% | volatile |
| 28 | Barbados | 97.5% | 2023 | up 12.4% | rising |
| 29 | Qatar | 94.7% | 2025 | up 7.0% | rising |
| 30 | Cape Verde | 94.2% | 2025 | up 4.4% | rising |
| 31 | Grenada | 92.0% | 2025 | up 6.1% | rising |
| 32 | Fiji | 90.4% | 2023 | up 21.9% | rising |
| 33 | Brunei | 89.1% | 2025 | up 10.3% | rising |
| 34 | Kuwait | 87.4% | 2025 | down 12.0% | rising |
| 35 | Czechia | 87.0% | 2024 | up 14.4% | rising |
| 36 | Philippines | 85.9% | 2022 | up 52.5% | volatile |
| 37 | Tunisia | 85.3% | 2025 | up 30.4% | rising |
| 38 | Micronesia (country) | 84.9% | 2021 | up 120.8% | rising |
| 39 | Seychelles | 84.7% | 2025 | up 32.7% | rising |
| 40 | Bhutan | 83.3% | 2024 | up 41.8% | rising |
| 41 | Aruba | 83.3% | 2023 | up 23.6% | rising |
| 42 | Vanuatu | 82.9% | 2024 | up 21.2% | falling |
| 43 | Bahrain | 82.1% | 2015 | up 40.4% | rising |
| 44 | Bulgaria | 82.1% | 2024 | up 1.6% | rising |
| 45 | India | 82.1% | 2021 | up 4.1% | rising |
| 46 | Dominica | 80.8% | 2025 | down 9.9% | rising |
| 47 | Iran | 79.1% | 2016 | up 68.1% | rising |
| 48 | Sweden | 77.8% | 2024 | up 17.0% | rising |
| 49 | Belize | 77.5% | 2025 | up 18.2% | rising |
| 50 | Egypt | 77.3% | 2025 | down 0.8% | rising |
| 51 | South Africa | 76.9% | 2025 | up 14.2% | rising |
| 52 | Panama | 76.2% | 2008 | up 6.3% | volatile |
| 53 | Antigua and Barbuda | 76.2% | 2025 | down 13.5% | rising |
| 54 | Chile | 75.3% | 2024 | down 9.1% | volatile |
| 55 | Honduras | 74.2% | 2025 | up 39.7% | volatile |
| 56 | Algeria | 73.5% | 2024 | up 3.5% | rising |
| 57 | Bosnia and Herzegovina | 72.8% | 2024 | up 15.3% | rising |
| 58 | Namibia | 72.6% | 2021 | up 13.1% | rising |
| 59 | Trinidad and Tobago | 72.5% | 2024 | up 33.8% | rising |
| 60 | East Timor | 71.8% | 2024 | up 73.2% | rising |
| 61 | Djibouti | 71.1% | 2024 | up 19.5% | flat |
| 62 | Albania | 70.9% | 2024 | down 16.8% | rising |
| 63 | Russia | 69.9% | 2020 | up 35.9% | rising |
| 64 | Saint Vincent and the Grenadines | 69.4% | 2025 | down 7.6% | rising |
| 65 | Myanmar | 69.2% | 2020 | up 193.6% | rising |
| 66 | Bahamas | 68.8% | 2022 | up 10.5% | rising |
| 67 | Poland | 67.8% | 2024 | up 9.5% | rising |
| 68 | Iceland | 67.4% | 2024 | down 13.0% | rising |
| 69 | Saint Lucia | 66.7% | 2025 | down 9.0% | rising |
| 70 | Jamaica | 65.8% | 2025 | up 46.9% | rising |
| 71 | Suriname | 65.4% | 2025 | up 7.7% | rising |
| 72 | Saudi Arabia | 65.1% | 2017 | up 27.7% | volatile |
| 73 | Libya | 64.4% | 2021 | down 32.1% | volatile |
| 74 | El Salvador | 64.2% | 2025 | up 28.2% | rising |
| 75 | Denmark | 62.6% | 2024 | down 1.1% | rising |
| 76 | Ecuador | 62.1% | 2025 | up 46.9% | volatile |
| 77 | Peru | 61.6% | 2022 | up 50.7% | rising |
| 78 | Armenia | 61.3% | 2025 | up 66.6% | volatile |
| 79 | North Macedonia | 60.5% | 2024 | up 13.0% | rising |
| 80 | Guatemala | 60.4% | 2025 | up 22.7% | rising |
| 81 | Maldives | 60.2% | 2025 | up 25.3% | rising |
| 82 | Hungary | 60.0% | 2024 | up 4.9% | rising |
| 83 | Tonga | 59.7% | 2025 | up 12.7% | rising |
| 84 | Kosovo | 59.6% | 2024 | up 38.5% | rising |
| 84 | Kosovo (UNSCR 1244) | 59.6% | 2024 | up 38.5% | rising |
| 86 | Sri Lanka | 59.5% | 2019 | up 59.2% | rising |
| 87 | Mozambique | 59.4% | 2025 | up 15.5% | rising |
| 88 | Norway | 59.3% | 2024 | up 0.3% | rising |
| 89 | Montenegro | 58.4% | 2025 | up 2.3% | rising |
| 90 | Syria | 57.8% | 2011 | down 19.7% | rising |
| 91 | Bolivia | 57.6% | 2025 | down 39.8% | volatile |
| 92 | Georgia | 55.1% | 2025 | up 45.2% | volatile |
| 93 | Moldova | 53.9% | 2025 | up 23.5% | rising |
| 94 | Senegal | 53.7% | 2025 | up 52.2% | volatile |
| 95 | Mongolia | 53.7% | 2024 | up 12.1% | rising |
| 96 | Serbia | 53.0% | 2024 | up 24.4% | rising |
| 97 | Paraguay | 52.3% | 2024 | up 35.0% | rising |
| 98 | Oman | 51.7% | 2017 | up 57.1% | rising |
| 99 | Uruguay | 51.5% | 2025 | up 4.1% | rising |
| 100 | Samoa | 50.7% | 2025 | up 16.5% | rising |
| 101 | Costa Rica | 50.6% | 2025 | down 0.1% | rising |
| 102 | Venezuela | 48.6% | 2013 | up 100.2% | rising |
| 103 | Mexico | 48.0% | 2025 | up 36.6% | rising |
| 104 | Iraq | 47.9% | 2024 | up 37.1% | rising |
| 105 | Bangladesh | 47.9% | 2025 | down 25.8% | rising |
| 106 | Solomon Islands | 47.8% | 2024 | up 29.7% | rising |
| 107 | Gambia | 46.9% | 2024 | up 23.4% | rising |
| 108 | Togo | 45.6% | 2025 | up 21.5% | rising |
| 109 | Ukraine | 45.0% | 2025 | down 9.9% | rising |
| 110 | Burundi | 44.6% | 2025 | up 78.1% | rising |
| 111 | Botswana | 44.1% | 2024 | up 9.7% | rising |
| 112 | Kyrgyzstan | 43.5% | 2022 | up 37.0% | rising |
| 113 | Burkina Faso | 43.3% | 2025 | up 21.7% | volatile |
| 114 | Colombia | 43.1% | 2025 | down 12.1% | rising |
| 115 | Indonesia | 42.5% | 2025 | up 7.8% | rising |
| 116 | Turkey | 42.4% | 2025 | down 19.0% | rising |
| 117 | Lesotho | 42.3% | 2020 | up 7.1% | falling |
| 118 | Cote d'Ivoire | 42.2% | 2025 | up 61.8% | rising |
| 119 | Romania | 41.5% | 2025 | up 3.3% | flat |
| 120 | Dominican Republic | 41.3% | 2025 | up 21.0% | rising |
| 121 | Pakistan | 40.9% | 2025 | down 15.0% | rising |
| 122 | Nicaragua | 39.3% | 2022 | up 17.2% | rising |
| 123 | Azerbaijan | 38.6% | 2025 | down 1.5% | rising |
| 124 | Kenya | 37.6% | 2024 | down 11.1% | rising |
| 125 | Afghanistan | 37.5% | 2020 | up 6.1% | rising |
| 126 | Guinea-Bissau | 37.2% | 2025 | down 17.2% | volatile |
| 127 | Laos | 36.2% | 2010 | up 118.8% | rising |
| 128 | Comoros | 36.1% | 2025 | up 35.9% | rising |
| 129 | Yemen | 34.7% | 2013 | down 4.3% | falling |
| 130 | Ethiopia | 34.0% | 2008 | up 3.7% | volatile |
| 131 | Kazakhstan | 33.1% | 2025 | down 21.1% | rising |
| 132 | Central African Republic | 32.9% | 2022 | up 108.4% | rising |
| 133 | Sudan | 31.9% | 2020 | up 52.0% | rising |
| 134 | Mali | 30.8% | 2025 | up 36.5% | rising |
| 135 | Zambia | 30.8% | 2025 | up 19.3% | falling |
| 136 | Belarus | 30.7% | 2021 | down 15.1% | rising |
| 137 | Guinea | 30.1% | 2024 | up 28.6% | rising |
| 138 | Ghana | 29.9% | 2024 | up 26.4% | rising |
| 139 | Tajikistan | 29.8% | 2023 | up 41.2% | rising |
| 140 | Benin | 29.6% | 2025 | down 4.6% | rising |
| 141 | Guyana | 28.8% | 2025 | down 42.6% | rising |
| 142 | Mauritania | 28.4% | 2019 | up 26.4% | rising |
| 143 | Congo | 28.4% | 2023 | up 13.2% | rising |
| 144 | Eswatini | 28.4% | 2022 | up 14.5% | falling |
| 145 | Madagascar | 27.3% | 2024 | up 28.2% | rising |
| 146 | Malawi | 27.2% | 2024 | up 64.8% | rising |
| 147 | Liberia | 27.0% | 2024 | up 41.6% | volatile |
| 148 | Papua New Guinea | 26.6% | 2019 | down 27.9% | rising |
| 149 | Argentina | 26.3% | 2025 | down 5.1% | rising |
| 150 | Somalia | 26.1% | 1989 | down 16.6% | rising |
| 151 | Rwanda | 26.1% | 2024 | up 35.9% | rising |
| 152 | Nigeria | 25.1% | 2023 | down 1.4% | rising |
| 153 | Tanzania | 23.4% | 2023 | up 5.9% | rising |
| 154 | Haiti | 23.0% | 2023 | down 8.7% | rising |
| 155 | Gabon | 22.9% | 2019 | up 12.8% | rising |
| 156 | Sierra Leone | 22.6% | 2025 | up 50.3% | volatile |
| 157 | Uganda | 22.3% | 2025 | up 18.3% | rising |
| 158 | Democratic Republic of Congo | 21.6% | 2021 | up 117.9% | volatile |
| 159 | Cameroon | 21.4% | 2018 | up 30.7% | rising |
| 160 | South Sudan | 21.0% | 2025 | down 46.7% | rising |
| 161 | Uzbekistan | 20.5% | 2025 | up 21.3% | rising |
| 162 | Sao Tome and Principe | 20.2% | 2024 | down 55.6% | rising |
| 163 | Niger | 17.3% | 2025 | down 10.9% | rising |
| 164 | Chad | 16.0% | 2021 | up 81.8% | rising |
| 165 | Angola | 13.8% | 2025 | down 61.8% | rising |
| 166 | Equatorial Guinea | 13.7% | 2023 | down 3.8% | volatile |
| 167 | Zimbabwe | 11.2% | 2023 | down 45.0% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- East Asia & Pacific 211.5%
- East Asia & Pacific (excluding high income) 210.6%
- East Asia & Pacific (IDA & IBRD countries) 210.6%
- Late-demographic dividend 189.7%
- Upper middle income 167.9%
- Middle income 159.9%
- IBRD only 159.7%
- Low & middle income 159.0%
- IDA & IBRD total 153.5%
- High income 138.4%
- World 136.1%
- Post-demographic dividend 123.1%
- OECD members 113.1%
- North America 99.7%
- Arab World 80.7%
- South Asia 79.6%
- South Asia (IDA & IBRD) 79.6%
- Middle East, North Africa, Afghanistan & Pakistan 78.7%
- Pacific island small states 77.8%
- Latin America & Caribbean (excluding high income) 73.6%
- Latin America & Caribbean 72.7%
- Latin America & the Caribbean (IDA & IBRD countries) 72.7%
- Small states 71.0%
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 69.6%
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) 69.2%
- Lower middle income 67.4%
- Early-demographic dividend 66.6%
- Central Europe and the Baltics 66.2%
- Europe & Central Asia (IDA & IBRD countries) 64.3%
- Caribbean Small States 53.5%
- Africa Eastern and Southern 50.7%
- IDA only 47.1%
- Least developed countries 45.0%
- Europe & Central Asia (excluding high income) 40.6%
- IDA total 39.1%
- Sub-Saharan Africa 38.7%
- Sub-Saharan Africa (IDA & IBRD countries) 38.7%
- Sub-Saharan Africa (excluding high income) 38.6%
- Other small states 35.9%
- Heavily indebted poor countries (HIPC) 34.3%
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.