Title: Liquid Liabilities to GDP for Bolivarian Republic of Venezuela Series ID: DDDI05VEA156NWDB 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 2013-01-01 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 20.509529999999998 1961-01-01 19.712110000000000 1962-01-01 18.323450000000000 1963-01-01 19.884110000000000 1964-01-01 20.899630000000000 1965-01-01 21.228210000000000 1966-01-01 23.460370000000000 1967-01-01 25.448890000000000 1968-01-01 25.812420000000000 1969-01-01 29.328259999999997 1970-01-01 28.998750000000000 1971-01-01 32.599360000000000 1972-01-01 37.246590000000005 1973-01-01 39.956450000000000 1974-01-01 34.749450000000000 1975-01-01 47.785480000000000 1976-01-01 52.554180000000000 1977-01-01 57.430480000000000 1978-01-01 62.017150000000000 1979-01-01 56.151959999999995 1980-01-01 54.676340000000000 1981-01-01 57.066880000000005 1982-01-01 62.061950000000000 1983-01-01 75.686830000000000 1984-01-01 60.122880000000000 1985-01-01 58.049580000000006 1986-01-01 59.341600000000000 1987-01-01 47.277710000000000 1988-01-01 43.578160000000000 1989-01-01 37.278980000000000 1990-01-01 38.805930000000000 1991-01-01 42.764900000000000 1992-01-01 38.172900000000000 1993-01-01 35.662929999999996 1994-01-01 34.282460000000000 1995-01-01 29.169179999999997 1996-01-01 20.769700000000000 1997-01-01 22.947560000000000 1998-01-01 20.820820000000000 1999-01-01 21.540200000000000 2000-01-01 21.265079999999998 2001-01-01 18.998970000000000 2002-01-01 18.441390000000000 2003-01-01 24.235620000000000 2004-01-01 21.495510000000000 2005-01-01 22.970690000000000 2006-01-01 31.036520000000000 2007-01-01 31.036520000000000 2008-01-01 29.164970000000000 2009-01-01 36.035700000000000 2010-01-01 31.810770000000000 2011-01-01 36.617370000000000 2012-01-01 43.712280000000000 2013-01-01 54.836400000000000