Financial systems and development

Monetary holdings, broadly defined
AverageNoiaineetresfbnk
Average annual annual Nmnlitrs ae fak
nominal growth Average outstanding inflation (average annual percentage)
rate (percent)
(percentage of GDP' (GDP deflator) Deposit rate
Lending rare
1965-80 1980-87 1965 1980 1987 1980-87 1980 1987 1980 1987
68 Peru 25.9 100.8 18.7 16.3 .. 101.5.. ..
69 Mauritius 21.8 18.3 27.3 41.1 50.0 8.1 9.25 9.38 12.19 14.13
70 Jordan 19.1 12.7 .. 88.8 132.9 2.8 .. .
71Costa Rica 24.6 27.0 19.3 38.8 36.9 28.6 .. 14.06 .. 23.82
72 Syrian Aab Rep. 21.9 21.1 24.6 40.9 . 11.0 5.00 ..
73 Malaysia 21.5 13.5 26.3 69.8 124.3 1.1 6.23 7.17 7.75 8.19
74 Mexico 21.9 66.2 25.1 27.5 21.0 68.9 20.63 97.24 28.10
75 South Africa 14.0 15.0 56.6 49.5 51.0 13.8 5.54 8.70 9.50 12.50
76 Poland . . 24.0 .. 58.3 38.1 29.2 3.00 6.00 8.00 12.00
77 Lebanon 16.2 42.3 83.4 . .. . .
Upper-middle-income
78 Brazil 43.4 .. 20.6 18.0 . 166.3 115.00 517.40.
79 Uruiguay 65.5 53.8 28.0 30.5 34.7 54.5 50.30 60.83 66.62 95.80
80 Hungary .. 7.5 .. 46.5 46.8 5.7 3.00 4.00 9.00 11.50
81 Panama . . .. . 3.3 ...
82 Argentina 86.0 283.8 . 22.2 19.1 298.7 87.97 61.23
83 Yugoslavia 25.7 54.4 43.6 59.1 46.0 57.2 5.88 79.25 11.50 111.25
84 Algefia 22.1 17.5 32.1 58.5 . 5.6 .. .
85 Korea, Rep. 35.5 18.7 11.1 31.8 44.1 5.0 19.50 10.00 18.00 10.00
86 Gabon 25.2 8.4 16.2 15.2 24.4 2.6 7.50 7.94 12.50 11.13
87 Portugal 19.5 22.8 77.7 96.3 104.7 20.8 18.20 .. 18.50
88 Venezuela 22.3 16.0 17.3 36.3 45.8 11.4 .. 8.94 .. 8.48
89 Greece 21.4 25.1 35.0 61.6 80.0 19.7 14.50 15.50 21.25 21.82
90 Trinidad and Tobago 23.1 12.4 21.3 32.0 . 6.2 6.57 6.03 10.00 11.50
91 Libya 29.2 2.2 14.2 34.7 . 0.1 5.13 5.50 7.00 7.00
92 Oman .. 19.8 . 12.3 28.6 -6.5 .. 7.48 .. 9.10
93 Iran, Islamic Rep. 28.6 .. 21.6 . ...... ...
94 Iraq . .. 19.7 . ..... .
95 Romania .. 7.5 . ...
Low- and middle-income
Sub-Sahsaran Africa
East Asia
South Asia
Europe, M.East, & N.Africa
Latin America & Caribbean
17 highly indebted
High-income economies
OECD members
tOthser
96 Spain 19.7 9.1 59.2 75.2 64.8 10.7 13.05 8.97 16.85 16.36
97 Ireland 16.1 6.4 . 58.1 47.6 10.2 12.00 6.21 15.96 11.15
98 tSaudi Arabia 32.1 11.6 16.4 18.6 52.6 -2.8 ..
99 tlsrael 52.8 163.4 15.0 56.9 67.3 159.0 .. 19.39 176.93 61.43
100 New Zealand 12.8 16.4 57.2 53.2 55.3 11.5 11.00 16.32 12.63
101 ( Singapore 17.8 11.6 58.4 74.4 104.8 1.3 9.37 2.89 11.72 6.10
102 tHong Kong . 69.3 . 6.7 .. .
103 Italy 17.8 12.2 60.0 76.0 66.5 11.5 12.70 6.98 19.03 13.57
104 United Kingdom 13.8 13.2 47.8 46.2 65.0 5.7 14.13 5.35 16.17 9.63
105 Australia 13.1 12.7 51.7 46.9 47.7 7.8 8.58 13.77 10.58 19.83
106 Belgiumna 10.4 6.5 59.2 57.0 56.2 5.7 7.69 5.00 .. 9.33
107 Netherlands 14.7 5.8 55.2 79.0 87.7 2.3 5.96 3.55 13.50 8.15
108 Austria 13.3 7.5 48.9 72.6 84.1 4.3 5.00 3.03
109 France 15.3 9.1 53.5 72.5 72.1 7.7 6.25 5.31 18.73 15.82
110 Germnany,.Fed. Rep. 10.1 5.7 46.1 60.4 64.7 2.9 7.95 3.20 12.04 8.36
111 Finland 14.7 13.9 39.1 39.5 48.9 7.2 9.00 7.00 9.77 8.91
112 tKuwait 17.8 5.6 28.1 33.1 93.1 -4.6 4.50 4.50 6.80 6.80
113 Denmark 11.5 15.6 45.8 42.6 58.7 6.8 10.80 7.07 17.20 13.62
114 Canada 15.3 7.3 40.2 64.5 62.7 5.0 12.86 7.66 14.27 9.52
115 Sweden 10.8 5.2 39.3 40.6 . 7.9 11.25 8.94 15.12 12.99
116 Japan 17.2 8.6 106.9 134.0 170.3 1.4 5.50 1.76 8.32 5.09
117 fUjnited Arab Emirates .. 13.0 . 19.0 63.0 -0.3 9.47 .. 12.13
118 Norway 12.6 12.7 51.9 51.6 59.1 6.1 5.08 5.35 12.63 13.46
119 UnitedStates 9.2 9.9 63.9 58.8 68.0 4.3 13.07 8.21 15.27 8.21
120 Switzerland 7.1 8.4 101.1 107.4 121.5 3.9 7.75 3.19 5.56 5.24
Tota reporting economies
Oil exporters
Nonreporting nonnmembers
a. Includes Luxembourg.
189