Panama

Liquid Liabilities

63.21
percent of GDP
Dec 60Dec 62Dec 65Dec 71Dec 75Dec 77Dec 86Dec 88Dec 91Dec 94Dec 98Dec 00Dec 05Dec 09Dec 13Dec 180.00025.0050.0075.00100.00
  • Panama
  • Global Median
Source: IMF

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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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