Title: Liquid Liabilities to GDP for New Zealand Series ID: DDDI05NZA156NWDB Source: World Bank Release: Global Financial Development (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Annual Units: Percent Date Range: 1960-01-01 to 2020-01-01 Last Updated: 2022-03-23 4:33 PM CDT Notes: 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. Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L..ZF or, if not available, line 35L..ZF); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and annual CPI (IFS line 64..ZF). For Eurocurrency area countries (BEF, DEM, ESP, FRF, GRD, IEP, ITL, LUF, NLG, ATS, PTE, FIM), liquid liabilities are estimated by summing IFS items 34A, 34B and 35. (International Monetary Fund, International Financial Statistics, and World Bank GDP estimates) Source Code: GFDD.DI.05 DATE VALUE 1960-01-01 30.260990000000003 1961-01-01 28.610840000000003 1962-01-01 26.549820000000000 1963-01-01 24.898629999999997 1964-01-01 24.260600000000000 1965-01-01 22.374160000000000 1966-01-01 22.542410000000000 1967-01-01 21.150120000000000 1968-01-01 20.579030000000000 1969-01-01 20.803320000000003 1970-01-01 20.803320000000003 1971-01-01 19.818530000000000 1972-01-01 23.494790000000000 1973-01-01 26.892730000000000 1974-01-01 25.941250000000000 1975-01-01 25.505180000000000 1976-01-01 24.604120000000000 1977-01-01 25.191720000000000 1978-01-01 27.721880000000000 1979-01-01 28.157520000000000 1980-01-01 26.421570000000003 1981-01-01 25.257360000000002 1982-01-01 25.463650000000000 1983-01-01 24.350100000000000 1984-01-01 25.942729999999997 1985-01-01 29.785380000000000 1986-01-01 30.979309999999998 1987-01-01 32.370880000000000 1988-01-01 63.671350000000000 1989-01-01 65.513500000000000 1990-01-01 69.387340000000010 1991-01-01 71.862050000000000 1992-01-01 72.691220000000000 1993-01-01 72.021800000000000 1994-01-01 73.068440000000000 1995-01-01 75.093100000000000 1996-01-01 80.896690000000000 1997-01-01 83.408369999999990 1998-01-01 82.121980000000010 1999-01-01 83.776950000000000 2000-01-01 79.842030000000010 2001-01-01 81.649090000000000 2002-01-01 77.335480000000000 2003-01-01 79.886220000000000 2004-01-01 76.601109999999990 2005-01-01 79.793860000000000 2006-01-01 84.474260000000000 2007-01-01 86.595850000000000 2008-01-01 92.417540000000000 2009-01-01 90.616570000000000 2010-01-01 93.570950000000000 2011-01-01 93.570950000000000 2012-01-01 93.570950000000000 2013-01-01 94.724850000000000 2014-01-01 83.269820000000000 2015-01-01 87.756070000000000 2016-01-01 89.038280000000000 2017-01-01 88.995620000000000 2018-01-01 89.420630000000000 2019-01-01 88.839000000000000 2020-01-01 100.058100000000000