Broad money in Congo
Congo: Broad money was 28.4% in 2023. ▲ Rising
Broad money in Congo, 1960–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, broad money in Congo stood at 28.4%.
That represents a change of up 16.4% on the previous year and up 13.2% over ten years.
Over the whole period, broad money in Congo peaked at 31.2% in 2020 and was at its lowest, 11.5%, in 2001.
That places Congo 142nd out of 166 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 64 years of available data.
Broad money in Congo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 23.9% | — |
| 1961 | 23.3% | -2.4% |
| 1962 | 17.7% | -23.9% |
| 1963 | 20.1% | +13.4% |
| 1964 | 18.0% | -10.5% |
| 1965 | 15.7% | -13.0% |
| 1966 | 15.4% | -1.5% |
| 1967 | 16.8% | +8.8% |
| 1968 | 18.3% | +9.1% |
| 1969 | 17.3% | -5.3% |
| 1970 | 18.4% | +6.3% |
| 1971 | 17.2% | -6.8% |
| 1972 | 15.6% | -8.9% |
| 1973 | 15.4% | -1.7% |
| 1974 | 18.3% | +19.3% |
| 1975 | 17.8% | -2.8% |
| 1976 | 18.8% | +5.6% |
| 1977 | 18.5% | -1.8% |
| 1978 | 18.7% | +1.2% |
| 1979 | 17.7% | -5.4% |
| 1980 | 17.1% | -3.4% |
| 1981 | 17.1% | +0.1% |
| 1982 | 16.5% | -3.7% |
| 1983 | 14.4% | -12.5% |
| 1984 | 12.9% | -10.6% |
| 1985 | 15.4% | +19.4% |
| 1986 | 20.6% | +34.0% |
| 1987 | 20.3% | -1.7% |
| 1988 | 20.3% | +0.1% |
| 1989 | 18.1% | -10.9% |
| 1990 | 21.4% | +18.4% |
| 1991 | 20.2% | -5.6% |
| 1992 | 21.8% | +7.7% |
| 1993 | 16.3% | -25.0% |
| 1994 | 16.2% | -0.8% |
| 1995 | 15.1% | -7.0% |
| 1996 | 14.2% | -6.0% |
| 1997 | 14.9% | +5.0% |
| 1998 | 15.3% | +2.8% |
| 1999 | 14.6% | -4.9% |
| 2000 | 14.6% | +0.2% |
| 2001 | 11.5% | -20.8% |
| 2002 | 12.7% | +9.7% |
| 2003 | 12.9% | +1.8% |
| 2004 | 12.8% | -0.7% |
| 2005 | 12.0% | -6.0% |
| 2006 | 14.7% | +22.3% |
| 2007 | 17.2% | +16.9% |
| 2008 | 18.5% | +7.6% |
| 2009 | 22.1% | +19.2% |
| 2010 | 20.5% | -7.3% |
| 2011 | 24.9% | +21.7% |
| 2012 | 24.4% | -2.1% |
| 2013 | 25.1% | +2.9% |
| 2014 | 28.6% | +14.1% |
| 2015 | 30.5% | +6.5% |
| 2016 | 29.4% | -3.6% |
| 2017 | 24.5% | -16.6% |
| 2018 | 19.3% | -21.3% |
| 2019 | 22.0% | +14.2% |
| 2020 | 31.2% | +41.6% |
| 2021 | 26.9% | -13.8% |
| 2022 | 24.4% | -9.2% |
| 2023 | 28.4% | +16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.7% | 15.4% | 23.9% | 10 |
| 1970s | 17.7% | 15.4% | 18.8% | 10 |
| 1980s | 17.3% | 12.9% | 20.6% | 10 |
| 1990s | 17.0% | 14.2% | 21.8% | 10 |
| 2000s | 14.9% | 11.5% | 22.1% | 10 |
| 2010s | 24.9% | 19.3% | 30.5% | 10 |
| 2020s | 27.7% | 24.4% | 31.2% | 4 |
Countries ranked near Congo
More financial sector data for Congo
- Total reserves in months of imports, annual growth rate -60.52 % change on previous year (2021)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2021)
- Total reserves in months of imports, per capita 0 units per person (2021)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 9.65 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0352 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 87.32 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 9.08 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 91.84 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 9.08 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 91.84 SDR per person (2024)
Frequently asked questions
- What is broad money in Congo?
- Broad money in Congo was 28.4% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Congo?
- The highest recorded value was 31.2% in 2020.
- What is the lowest broad money recorded in Congo?
- The lowest recorded value was 11.5% in 2001.
- How does Congo rank for broad money?
- Congo ranks 142nd out of 166 countries with data for 2023.
- Is broad money rising or falling in Congo?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is rising.
- Where does this Congo data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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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.