1945

In 2018 global liquidity growth carried over buoyancy from 2017, but at a more moderate pace, slowing from 6.9% in December 2017 to 5.4% in June 2018. This slowdown in liquidity growth occurred in both developed economies (from 6.7% to 4.6%) and developing economies (from 7.4% to 7.1%) (see figure II.1). The evolution of global liquidity is a result, among other things, of the rising cost of credit, the appreciation of the dollar and vulnerabilities in some developing economies, as reflected in the higher risk ratings for that group.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
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