World Bank · Financial Sector

Canada: Broad money growth

14.92percent · 2008+516.5% since 1998

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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars. Annual figures for Canada from 1961 to 2008.