Broad Money (Local Currency) rose 21.356145665619% to ZMW 54.1 bil in Zambia in 2017

Broad Money (Local Currency) (ZMW bil)
Economy | Zambia | February 1, 2019
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Broad money reached 54.1 ZMW bil in 2017 in Zambia, according to the National Statistical Office. This is 21.4 % more than in the previous year.

Historically, broad money in Zambia reached an all time high of 54.1 ZMW bil in 2017 and an all time low of < 0.001 ZMW bil in 1965. When compared to Zambia's main peers, broad money in Angola amounted to 6,522 AOA bil and 7,056 CDF bil in Dem. Republic of the Congo in 2017.

Zambia has been ranked 100th within the group of 122 countries we follow in terms of broad money, 28 places above the position seen 10 years ago.

Broad money is the sum of currency outside banks, demand deposits other than those of the central government, the time, savings, and foreign currency deposits of resident sectors other than the central government, bank and traveller.

Broad Money (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Angola AOA bil 3,673 3,853 4,398 5,110 5,712
Botswana BWP bil 44.8 49.2 53.4 55.8 66.9
Central African Republic XAF bil 199 202 214 245 258
Congo XAF bil 1,837 2,202 2,225 2,529 2,233
Dem. Republic of the Congo CDF bil 2,401 2,898 3,441 3,945 4,315
Kenya KES bil 1,522 1,741 2,007 2,336 2,667
Mozambique MZN bil 144 186 216 264 333
Namibia NAD bil 57.7 61.2 69.6 74.4 81.9
South Africa ZAR bil 2,257 2,373 2,514 2,697 2,975
Tanzania TNS bil 13,021 14,664 16,107 18,614 22,115 ...
Uganda UGX bil 10,550 12,123 13,271 15,287 17,070
Zambia ZMW bil 21.8 25.7 31.0 35.0 47.3
Zimbabwe ZWD bil ... ... ... ... ... ... ... ... ...