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Money Supplies of the World, Continued (6).

In Money Supply on May 7, 2011 by CQCA

The chart above shows the monetary inflation of the top 121 through 140 countries, based on nominal GDP. Suriname was the highest inflator of the group, at 403.01%. The lowest inflator was the Central African Republic, at 41.92%.

I am almost finished compiling this data, so I will discuss more about the overall trends later. One specific thing about this chart, though, is that the Central African Republic was the lowest inflator of these twenty countries. The Central African Republic uses the CFA Franc, which stands for Franc Coopération financière en Afrique centrale. (It’s written in italics and uses accent marks, so I think it’s French.) The CFA Franc is also used by Cameroon, Chad, Republic of the Congo, Equatorial Guinea, and Gabon. Even though they use the same currency, and have the same central bank, their rate of monetary expansion over the last five years have been at different rates. Equatorial Guinea, for example, increased its money supply of CFA Francs by 228.82% over the same period. I don’t know why.

Once I get done with the whole list (almost there!), I’ll group countries together by location or development.

Sources: Mostly the IMF, except for the Central Bank of Tajikistan, National Bank of Moldova, Bank of Guyana, and Maldives Monetary Authority.

Related Posts:
The Largest Economics and Monetary Expansion.
Money Supplies of the World, Continued.
Money Supplies of the World, Continued (2).
Money Supplies of the World, Continued (3).
Money Supplies of the World, Continued (4).
Money Supplies of the World, Continued (5).

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