Malawi: Liquid liabilities, percent of GDP

The latest value from 2016 is 16.16 percent, a decline from 17.29 percent in 2015. In comparison, the world average is 70.71 percent, based on data from 172 countries. Historically, the average for Malawi from 1964 to 2016 is 14.8 percent. The minimum value, 6.13 percent, was reached in 1997 while the maximum of 29.01 percent was recorded in 1974. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Ratio of liquid liabilities to GDP. Liquid liabilities are also known as broad money, or M3. They are the sum of currency and deposits in the central bank (M0), plus transferable deposits and electronic currency (M1), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements (M2), plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents.