Argentina

Liquid Liabilities

28.48
percent of GDP
Dec 61Dec 65Dec 69Dec 73Dec 77Dec 81Dec 85Dec 89Dec 93Dec 97Dec 01Dec 05Dec 09Dec 13Dec 170.00015.0030.0045.0060.00
  • Argentina
  • Global Median
Source: IMF

Definition of Liquid Liabilities

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.

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