Title: Liquid Liabilities to GDP for Philippines Series ID: DDDI05PHA156NWDB 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 20.138970000000000 1961-01-01 22.950560000000000 1962-01-01 24.570790000000000 1963-01-01 24.019570000000000 1964-01-01 22.944840000000000 1965-01-01 22.303580000000000 1966-01-01 23.403810000000000 1967-01-01 26.443090000000000 1968-01-01 26.175300000000000 1969-01-01 26.303610000000000 1970-01-01 24.780790000000000 1971-01-01 23.782529999999998 1972-01-01 24.134539999999998 1973-01-01 23.417060000000000 1974-01-01 19.833879999999997 1975-01-01 19.558870000000002 1976-01-01 21.253510000000002 1977-01-01 23.894029999999997 1978-01-01 25.818089999999998 1979-01-01 23.929330000000000 1980-01-01 24.025450000000000 1981-01-01 21.493320000000000 1982-01-01 22.604770000000002 1983-01-01 29.706609999999998 1984-01-01 24.641500000000000 1985-01-01 25.414730000000000 1986-01-01 24.265790000000000 1987-01-01 24.154650000000000 1988-01-01 25.423170000000002 1989-01-01 28.582120000000000 1990-01-01 30.045040000000004 1991-01-01 30.519200000000000 1992-01-01 31.865109999999998 1993-01-01 37.414020000000000 1994-01-01 41.277100000000000 1995-01-01 45.401550000000000 1996-01-01 49.277390000000004 1997-01-01 54.275290000000005 1998-01-01 53.646820000000000 1999-01-01 57.058659999999996 2000-01-01 55.853320000000000 2001-01-01 53.152019999999990 2002-01-01 54.282210000000000 2003-01-01 51.860929999999996 2004-01-01 50.514850000000000 2005-01-01 48.370200000000000 2006-01-01 52.244740000000000 2007-01-01 50.103920000000000 2008-01-01 56.998709999999996 2009-01-01 59.411690000000000 2010-01-01 58.812909999999995 2011-01-01 57.384150000000000 2012-01-01 56.304900000000000 2013-01-01 66.836590000000000 2014-01-01 68.530459999999990 2015-01-01 70.916150000000000 2016-01-01 74.109860000000000 2017-01-01 59.787150000000000 2018-01-01 57.472130000000010 2019-01-01 59.156400000000000 2020-01-01 69.440260000000000