Broad money in Upper middle income
Upper middle income: Broad money was 167.9% in 2024. ◆ Volatile
Broad money in Upper middle income, 1965–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for broad money in Upper middle income is 167.9%, measured in 2024. That is the highest value across all 60 years on record.
That represents a change of up 1.7% on the previous year and up 34.8% over ten years.
Over the whole period, broad money in Upper middle income peaked at 167.9% in 2024 and was at its lowest, 22.9%, in 1966.
Upper middle income ranks 5th of 44 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in Upper middle income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 23.4% | — |
| 1966 | 22.9% | -1.8% |
| 1967 | 24.6% | +7.1% |
| 1968 | 25.7% | +4.4% |
| 1969 | 25.7% | +0.1% |
| 1970 | 26.8% | +4.4% |
| 1971 | 26.8% | -0.1% |
| 1972 | 28.2% | +5.3% |
| 1973 | 28.0% | -0.9% |
| 1974 | 26.4% | -5.5% |
| 1975 | 27.3% | +3.3% |
| 1976 | 27.6% | +1.0% |
| 1977 | 26.9% | -2.6% |
| 1978 | 28.0% | +4.3% |
| 1979 | 30.4% | +8.6% |
| 1980 | 31.0% | +1.8% |
| 1981 | 32.2% | +3.8% |
| 1982 | 32.8% | +2.0% |
| 1983 | 35.7% | +8.8% |
| 1984 | 35.8% | +0.1% |
| 1985 | 37.2% | +4.1% |
| 1986 | 43.8% | +17.6% |
| 1987 | 42.8% | -2.4% |
| 1988 | 52.3% | +22.3% |
| 1989 | 62.4% | +19.2% |
| 1990 | 42.9% | -31.2% |
| 1991 | 44.4% | +3.5% |
| 1992 | 50.0% | +12.6% |
| 1993 | 53.9% | +7.7% |
| 1994 | 49.5% | -8.2% |
| 1995 | 49.3% | -0.3% |
| 1996 | 52.9% | +7.2% |
| 1997 | 56.8% | +7.5% |
| 1998 | 60.3% | +6.2% |
| 1999 | 67.2% | +11.3% |
| 2000 | 66.9% | -0.4% |
| 2001 | 74.2% | +10.9% |
| 2002 | 77.8% | +4.8% |
| 2003 | 81.5% | +4.8% |
| 2004 | 79.7% | -2.2% |
| 2005 | 80.5% | +1.0% |
| 2006 | 84.5% | +4.9% |
| 2007 | 85.1% | +0.7% |
| 2008 | 87.4% | +2.7% |
| 2009 | 105.8% | +21.0% |
| 2010 | 104.5% | -1.2% |
| 2011 | 106.0% | +1.4% |
| 2012 | 112.1% | +5.8% |
| 2013 | 118.3% | +5.5% |
| 2014 | 124.5% | +5.2% |
| 2015 | 137.6% | +10.5% |
| 2016 | 142.5% | +3.6% |
| 2017 | 140.4% | -1.5% |
| 2018 | 140.1% | -0.2% |
| 2019 | 142.7% | +1.8% |
| 2020 | 160.2% | +12.3% |
| 2021 | 155.6% | -2.8% |
| 2022 | 159.4% | +2.4% |
| 2023 | 165.1% | +3.6% |
| 2024 | 167.9% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.4% | 22.9% | 25.7% | 5 |
| 1970s | 27.6% | 26.4% | 30.4% | 10 |
| 1980s | 40.6% | 31.0% | 62.4% | 10 |
| 1990s | 52.7% | 42.9% | 67.2% | 10 |
| 2000s | 82.3% | 66.9% | 105.8% | 10 |
| 2010s | 126.9% | 104.5% | 142.7% | 10 |
| 2020s | 161.6% | 155.6% | 167.9% | 5 |
Countries ranked near Upper middle income
More financial sector data for Upper middle income
- Net migration 576,949 (2025)
- Domestic credit to private sector by banks 136.8% (2024)
- Total reserves in months of imports 10.37 (2025)
- Monetary Sector credit to private sector 136.9% (2024)
- Claims on central government, etc. 37.8% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 10.98 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Domestic credit to private sector 139.0% (2024)
- Net migration, annual growth rate 197.12 % change on previous year (2025)
Frequently asked questions
- What is broad money in Upper middle income?
- Broad money in Upper middle income was 167.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Upper middle income?
- The highest recorded value was 167.9% in 2024.
- What is the lowest broad money recorded in Upper middle income?
- The lowest recorded value was 22.9% in 1966.
- How does Upper middle income rank for broad money?
- Upper middle income ranks 5th out of 44 groups with data for 2024.
- Is broad money rising or falling in Upper middle income?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is volatile.
- Where does this Upper middle income 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
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.