Liquid Liabilities

Global Ranking

percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Liberia	889.99	2007	1	766.83
2	Luxembourg	705.18	2020	2	652.9
3	Hong Kong	452.41	2020	3	403.35
4	Lebanon	260.06	2017	4	259
5	Japan	252.5	2020	5	226.86
6	China	196.21	2019	6	207.79
7	Libya	187.13	2019	7	183.75
8	Switzerland	185.59	2016	8	182.24
9	Vietnam	179.65	2020	9	164.74
10	Malta	177.18	2020	10	152.95
11	Eritrea	172.68	2014	11	151.66
12	South Korea	165.8	2020	12	151.56
13 ↑	Mauritius	163.84	2020	18	120.81
14	United Kingdom	163.23	2020	14	141.69
15 ↓	Macao	158.02	2019	13	146.37
16	Singapore	152.63	2020	16	124.62
17 ↓	Belgium	144.28	2020	15	126.39
18 ↑	Spain	138.43	2020	19	112.71
19 ↑	Australia	138.01	2020	24	110.4
20 ↓	Malaysia	137.77	2020	17	123.07
21 ↑	France	131.56	2020	29	106.2
22 ↑	Thailand	129.89	2020	25	109.76
23 ↑	Seychelles	127.08	2020	50	83.9
24 ↑	Cape Verde	125.3	2020	31	99.96
25 ↑	Portugal	125.03	2020	27	106.58
26 ↓	Netherlands	122.81	2020	23	110.49
27 ↑	Greece	122.38	2020	36	98.53
28 ↓	Canada	121.89	2008	20	111.24
29 ↑	Italy	119	2020	37	94.88
30 ↑	Ireland	118.61	2020	35	98.81
31 ↓	Nepal	116.97	2020	26	108.24
32 ↓	Jordan	114.51	2020	28	106.34
33	Austria	114.45	2020	33	99.74
34 ↑	Qatar	112.59	2020	40	90.31
35 ↓	Germany	112.49	2020	32	99.92
36 ↓	Barbados	111.87	2019	21	111.22
37 ↓	Dominica	109.5	2020	34	99.24
38 ↑	Brazil	106.01	2020	41	89.85
39 ↑	Bolivia	105.68	2020	69	71.62
40 ↓	Morocco	105.19	2020	38	94.43
41 ↓	San Marino	104.13	2018	22	110.57
42 ↑	Cambodia	100.7	2018	44	88.18
43 ↑	Belize	100.18	2020	47	85.92
44 ↓	New Zealand	100.06	2020	42	88.84
45 ↑	Bhutan	96.94	2020	56	76.65
46 ↓	Vanuatu	95.89	2020	43	88.27
47 ↑	Bulgaria	95.8	2020	48	85.55
48 ↑	Czech Republic	92.97	2020	51	83.14
49 ↑	Suriname	92.72	2020	66	73.53
50 ↓	Antigua and Barbuda	92.26	2020	46	86.06
51 ↑	Estonia	91.53	2020	61	74.95
52	Grenada	90.41	2020	52	81.85
53 ↓	Kuwait	90.1	2018	30	100.45
54 ↑	Sweden	88.8	2020	65	74.09
55 ↓	Aruba	88.37	2019	45	86.77
56 ↑	Croatia	88.15	2020	67	73
57 ↑	Algeria	87.52	2020	60	74.99
58 ↓	Israel	86.13	2019	49	84.91
59 ↓	Bahrain	86.02	2015	55	77.71
60 ↓	United Arab Emirates	85.03	2019	53	79.47
61 ↑	Iran	83.69	2015	75	66.11
62 ↓	Brunei	83.2	2020	57	76.34
63 ↑	Slovenia	82.1	2020	71	70.14
64 ↑	Trinidad and Tobago	81.39	2020	74	67.84
65 ↑	Slovakia	80.43	2020	68	72.44
66 ↑	Albania	79.13	2020	72	69.84
67 ↑	Lithuania	78.95	2020	83	62.94
68 ↓	United States	78.36	2019	58	76.26
69 ↓	Finland	78	2019	54	77.89
70 ↓	Egypt	77.23	2019	39	92.3
71 ↑	Latvia	76.71	2020	76	65.72
72 ↓	India	76.05	2019	64	74.15
73 ↑	Djibouti	75.54	2020	81	64
74 ↓	Saint Vincent and the Grenadines	75.18	2020	59	76.18
75 ↑	Norway	75.03	2020	79	64.1
76 ↑	Bahamas	74.43	2020	85	61.84
77 ↑	Fiji	73.93	2020	96	55.91
78 ↓	Syria	73.11	2010	70	71.36
79 ↑	Hungary	70.27	2020	90	58.33
80 ↓	Saudi Arabia	70.1	2017	62	74.73
81 ↑	Philippines	69.44	2020	91	57.47
82 ↓	Poland	68.25	2019	73	68.15
83 ↑	Denmark	68.19	2020	86	61.78
84	Saint Lucia	67.89	2020	84	62.4
85 ↓	Bangladesh	66.63	2020	82	63.64
86 ↓	Tunisia	66.23	2019	78	64.82
87 ↑	Mongolia	65.53	2020	94	56.46
88	Macedonia	65.24	2020	88	59.31
89 ↓	Iceland	65.01	2018	63	74.55
90 ↑	El Salvador	63.38	2020	100	52.75
91 ↓	Panama	63.21	2018	80	64.08
92 ↑	Namibia	63.07	2020	95	56.43
93 ↓	Sri Lanka	63.01	2019	87	60.8
94 ↑	Georgia	61.49	2020	118	41.41
95 ↓	Micronesia	61.34	2018	77	65.71
96 ↑	Turkey	60.9	2020	102	52.38
97 ↓	Oman	60.48	2019	92	56.72
98 ↓	Burma (Myanmar)	60.18	2019	89	58.94
99 ↑	Mozambique	59.39	2020	106	48.93
100 ↑	Montenegro	59.25	2020	103	52.14
101 ↑	Peru	59.19	2020	110	48.55
102 ↑	Uruguay	59.05	2020	105	49.35
103 ↓	Bosnia and Herzegovina	58.56	2019	93	56.63
104 ↑	Colombia	58.04	2020	108	48.71
105 ↓	Jamaica	56.5	2019	99	53.79
106 ↓	Tonga	56.4	2018	98	55.08
107 ↓	Chile	55.16	2019	104	51.1
108 ↑	Venezuela	54.84	2013	115	43.71
109 ↑	South Africa	53.23	2020	113	44.61
110 ↑	Botswana	49.65	2020	120	41.23
111 ↑	Guatemala	49.5	2020	117	43.19
112 ↓	Honduras	49.16	2018	107	48.76
113 ↑	Ecuador	49.05	2020	121	40.76
114 ↓	Russia	48.78	2019	109	48.64
115 ↑	Guinea-Bissau	48.45	2020	116	43.39
116 ↓	Pakistan	48.3	2019	111	47.22
117 ↑	Kyrgyzstan	47.67	2020	134	35.84
118 ↓	Samoa	47.44	2020	112	45.49
119 ↓	Paraguay	46.95	2019	114	43.97
120 ↑	Romania	46.17	2020	125	39.94
121 ↓	Togo	45.43	2020	97	55.6
122 ↓	Burkina Faso	44.99	2020	119	41.32
123 ↓	Senegal	44.56	2020	122	40.71
124 ↑	Burundi	43.43	2020	129	38.09
125 ↓	Kenya	41.96	2020	124	40.01
126 ↑	Armenia	41.53	2020	130	37.6
127 ↑	Guyana	41	2020	131	37.32
128	Gambia	39.47	2018	128	38.28
129 ↑	Costa Rica	39.09	2020	152	27.75
130 ↑	Indonesia	38.96	2020	137	34.18
131 ↑	Afghanistan	37.87	2020	136	34.96
132 ↑	Moldova	37.34	2020	139	31.58
133 ↑	Ivory Coast	36.94	2020	140	31.38
134 ↓	Maldives	36.85	2019	132	36.18
135 ↑	Mexico	36.69	2020	142	31.05
136 ↑	Mali	36.61	2020	144	29.55
137 ↓	Iraq	35.71	2018	123	40.14
138 ↓	Yemen	34.74	2013	135	34.97
139 ↑	Laos	34.36	2010	149	27.95
140 ↓	Sudan	34.18	2019	138	31.62
141 ↓	Ethiopia	33.98	2008	126	39.75
142 ↓	Lesotho	33.97	2019	127	39.34
143	Angola	33.65	2020	143	29.72
144 ↓	Sao Tome and Principe	32.95	2019	133	36.04
145 ↑	Swaziland	32.47	2020	146	28.43
146 ↓	Nicaragua	31.79	2020	145	29.36
147 ↑	Comoros	31.13	2020	148	28.05
148 ↑	Sierra Leone	31.04	2020	166	22.46
149 ↑	Ukraine	30.91	2020	156	25.67
150 ↑	Benin	30.5	2020	151	27.77
151 ↑	Ghana	29.83	2020	154	26.93
152 ↓	Mauritania	29.51	2019	150	27.9
153 ↓	Belarus	29.45	2020	141	31.24
154 ↓	Haiti	29.4	2020	101	52.64
155	Solomon Islands	28.61	2020	155	26.45
156 ↓	Argentina	28.48	2017	147	28.36
157 ↑	Kazakhstan	28.08	2020	162	24.2
158	Azerbaijan	28.07	2020	158	25.27
159 ↓	Central African Republic	28	2019	153	27.1
160 ↓	Madagascar	26.84	2020	159	24.58
161 ↑	Rwanda	25.83	2020	167	22.29
162 ↑	Zambia	25.53	2020	172	19.75
163 ↓	Guinea	25.07	2020	161	24.24
164 ↓	Nigeria	25.04	2020	157	25.36
165 ↑	Republic of the Congo	23.2	2019	169	21.27
166 ↑	Dominican Republic	23.09	2019	168	21.46
167 ↓	Malawi	23	2016	160	24.46
168 ↓	Papua New Guinea	22.98	2019	165	22.85
169 ↓	Gabon	22.93	2019	163	23.87
170	Cameroon	22.11	2018	170	20.52
171 ↓	Zimbabwe	21.97	2019	164	23.57
172 ↓	Tanzania	20.9	2020	171	20.24
173 ↑	Democratic Republic of the Congo	20.22	2020	177	12.67
174 ↓	Uzbekistan	18.55	2020	173	17.83
175	Uganda	18.03	2020	175	15.64
176	Chad	17.5	2019	176	14.91
177 ↓	Niger	17.14	2019	174	15.79
178	Equatorial Guinea	11.99	2019	178	11.83
179	Tajikistan	11.35	2020	179	10.53

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.