Broad money (% of GDP) in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Broad money (% of GDP) was 33.7% in 2023. ◆ Volatile
Broad money in Heavily indebted poor countries (HIPC), 1963–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Heavily indebted poor countries (HIPC) recorded 33.7% for broad money in 2023.
That represents a change of down 1.3% on the previous year and down 79.8% over ten years.
Over the whole period, broad money in Heavily indebted poor countries (HIPC) peaked at 186.7% in 2014 and was at its lowest, 11.7%, in 1966.
Heavily indebted poor countries (HIPC) ranks 41st of 44 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (% of GDP) in Heavily indebted poor countries (HIPC), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1963 | 11.8% | — |
| 1964 | 13.1% | +11.5% |
| 1965 | 12.5% | -4.8% |
| 1966 | 11.7% | -6.4% |
| 1967 | 11.8% | +0.7% |
| 1968 | 11.9% | +0.8% |
| 1969 | 12.2% | +2.7% |
| 1970 | 14.4% | +17.7% |
| 1971 | 14.3% | -0.5% |
| 1972 | 15.2% | +6.5% |
| 1973 | 16.1% | +6.0% |
| 1974 | 16.6% | +2.6% |
| 1975 | 17.1% | +3.1% |
| 1976 | 18.4% | +7.7% |
| 1977 | 18.9% | +3.0% |
| 1978 | 19.6% | +3.5% |
| 1979 | 19.0% | -3.0% |
| 1980 | 18.9% | -0.4% |
| 1981 | 19.8% | +4.8% |
| 1982 | 20.4% | +2.6% |
| 1983 | 26.7% | +30.9% |
| 1984 | 21.0% | -21.4% |
| 1985 | 20.4% | -2.8% |
| 1986 | 20.9% | +2.4% |
| 1987 | 21.4% | +2.6% |
| 1988 | 20.5% | -4.4% |
| 1989 | 20.0% | -2.3% |
| 1990 | 20.6% | +3.0% |
| 1991 | 19.3% | -6.5% |
| 1992 | 20.7% | +7.7% |
| 1993 | 20.4% | -1.4% |
| 1994 | 19.3% | -5.4% |
| 1995 | 18.7% | -3.6% |
| 1996 | 18.8% | +0.8% |
| 1997 | 19.7% | +4.8% |
| 1998 | 19.9% | +0.8% |
| 1999 | 21.0% | +5.6% |
| 2000 | 19.1% | -8.9% |
| 2001 | 105.7% | +452.9% |
| 2002 | 117.1% | +10.7% |
| 2003 | 113.7% | -2.9% |
| 2004 | 104.9% | -7.8% |
| 2005 | 109.2% | +4.1% |
| 2006 | 108.9% | -0.3% |
| 2007 | 107.3% | -1.4% |
| 2008 | 113.0% | +5.3% |
| 2009 | 139.6% | +23.5% |
| 2010 | 135.8% | -2.7% |
| 2011 | 144.4% | +6.3% |
| 2012 | 169.2% | +17.2% |
| 2013 | 167.0% | -1.3% |
| 2014 | 186.7% | +11.8% |
| 2015 | 29.5% | -84.2% |
| 2016 | 29.9% | +1.2% |
| 2017 | 30.1% | +0.6% |
| 2018 | 30.3% | +0.8% |
| 2019 | 31.7% | +4.6% |
| 2020 | 33.7% | +6.4% |
| 2021 | 34.3% | +1.7% |
| 2022 | 34.2% | -0.3% |
| 2023 | 33.7% | -1.3% |
Biggest year-on-year movements
Years where Broad money (% of GDP) in Heavily indebted poor countries (HIPC) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +452.9% | 19.1% | 105.7% |
| 2015 | -84.2% | 186.7% | 29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.1% | 11.7% | 13.1% | 7 |
| 1970s | 17.0% | 14.3% | 19.6% | 10 |
| 1980s | 21.0% | 18.9% | 26.7% | 10 |
| 1990s | 19.8% | 18.7% | 21.0% | 10 |
| 2000s | 103.9% | 19.1% | 139.6% | 10 |
| 2010s | 95.5% | 29.5% | 186.7% | 10 |
| 2020s | 34.0% | 33.7% | 34.3% | 4 |
Countries ranked near Heavily indebted poor countries (HIPC)
More financial sector data for Heavily indebted poor countries (HIPC)
- Total reserves in months of imports, annual growth rate 8.84 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Domestic credit to private sector by banks 21.5% (2023)
- Net migration, annual growth rate 52.95 % change on previous year (2025)
- Total reserves in months of imports 3.9 (2024)
- Monetary Sector credit to private sector 21.6% (2023)
- Net migration -391,317 (2025)
- Claims on central government, etc. 10.9% (2023)
- Domestic credit to private sector 22.2% (2023)
Frequently asked questions
- What is broad money in Heavily indebted poor countries (HIPC)?
- Broad money in Heavily indebted poor countries (HIPC) was 33.7% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 186.7% in 2014.
- What is the lowest broad money recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 11.7% in 1966.
- How does Heavily indebted poor countries (HIPC) rank for broad money?
- Heavily indebted poor countries (HIPC) ranks 41st out of 44 groups with data for 2023.
- Is broad money rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is down 79.8%. The long-run trend across the full record is volatile.
- Where does this Heavily indebted poor countries (HIPC) 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.
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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.