{"help": "https://data.iadb.org/api/3/action/help_show?name=resource_show", "success": true, "result": {"access_url": "https://data.iadb.org/dataset/abea491d-2123-4aed-b94a-5dcd057e4fad/resource/77f19a9f-372e-4fda-bb8f-eb107111c7bd", "cache_last_updated": null, "cache_url": null, "created": "2026-06-24T16:12:42.995480", "data_notes": {"en": "### What does the Ratio of Broad Money to Monetary Base (M3/M0) measure?\n\nIt measures how many units of broad money (M3) are supported by each unit of the monetary base (M0). It works as a money multiplier, indicating the degree of money creation by the banking system.\n\n### How many countries and which frequencies and period are covered?\n\nThe indicator covers 19 countries across Latin America and the Caribbean, available at annual, monthly, and quarterly frequency, over the period 1990 to 2026.\n\n### What units and transformations are available?\n\nValues are expressed as a ratio, including average-of-period and end-of-period variants. Transformations include 3-, 6-, and 12-month moving averages (MA3, MA6, MA12) and month-over-month, quarter-over-quarter, and year-over-year percentage changes.\n\n### Where do the data come from?\n\nThe data are compiled from national monetary authorities and IDB internal calculations based on official figures from institutions such as the Central Bank of The Bahamas, Banco Central do Brasil, Banco de Mexico, and Banco de la Rep\u00fablica de Colombia.\n\n### What is this indicator typically used for?\n\nIt is used to analyze money creation and banking-sector dynamics, assess monetary policy transmission, and compare the money multiplier across Latin American and Caribbean economies over time.\n\n### How do I cite this indicator?\n\nCite it as: Inter-American Development Bank (IDB), Latin Macro Watch \u2014 \"Ratio of Broad Money to Monetary Base (M3/M0).\" data.iadb.org/dataset/latin-macro-watch-dataset.", "es": "### \u00bfQu\u00e9 mide la Raz\u00f3n de dinero amplio a base monetaria (M3/M0)?\n\nMide cu\u00e1ntas unidades de dinero amplio (M3) respalda cada unidad de la base monetaria (M0). Funciona como un multiplicador monetario que indica el grado de creaci\u00f3n de dinero por parte del sistema bancario.\n\n### \u00bfCu\u00e1ntos pa\u00edses y qu\u00e9 frecuencias y per\u00edodo se cubren?\n\nEl indicador cubre 19 pa\u00edses de Am\u00e9rica Latina y el Caribe, con frecuencia anual, mensual y trimestral, para el per\u00edodo de 1990 a 2026.\n\n### \u00bfQu\u00e9 unidades y transformaciones est\u00e1n disponibles?\n\nLos valores se expresan como una raz\u00f3n, incluidas las variantes de promedio del per\u00edodo y fin de per\u00edodo. Las transformaciones incluyen promedios m\u00f3viles de 3, 6 y 12 meses (MA3, MA6, MA12) y variaciones porcentuales intermensuales, intertrimestrales e interanuales.\n\n### \u00bfDe d\u00f3nde provienen los datos?\n\nLos datos se compilan a partir de las autoridades monetarias nacionales y de c\u00e1lculos internos del BID basados en cifras oficiales de instituciones como el Central Bank of The Bahamas, el Banco Central do Brasil, el Banco de Mexico y el Banco de la Rep\u00fablica de Colombia.\n\n### \u00bfPara qu\u00e9 se usa habitualmente este indicador?\n\nSe usa para analizar la creaci\u00f3n de dinero y la din\u00e1mica del sector bancario, evaluar la transmisi\u00f3n de la pol\u00edtica monetaria y comparar el multiplicador monetario entre econom\u00edas de Am\u00e9rica Latina y el Caribe a lo largo del tiempo.\n\n### \u00bfC\u00f3mo cito este indicador?\n\nC\u00edtelo como: Banco Interamericano de Desarrollo (BID), Latin Macro Watch \u2014 \u00abRatio of Broad Money to Monetary Base (M3/M0)\u00bb. data.iadb.org/dataset/latin-macro-watch-dataset.", "fr": "### Que mesure le Ratio de la monnaie au sens large sur la base mon\u00e9taire (M3/M0) ?\n\nIl mesure le nombre d'unit\u00e9s de monnaie au sens large (M3) soutenues par chaque unit\u00e9 de la base mon\u00e9taire (M0). Il agit comme un multiplicateur mon\u00e9taire indiquant le degr\u00e9 de cr\u00e9ation mon\u00e9taire par le syst\u00e8me bancaire.\n\n### Combien de pays et quelles fr\u00e9quences et p\u00e9riode sont couverts ?\n\nL'indicateur couvre 19 pays d'Am\u00e9rique latine et des Cara\u00efbes, disponible \u00e0 fr\u00e9quence annuelle, mensuelle et trimestrielle, sur la p\u00e9riode de 1990 \u00e0 2026.\n\n### Quelles unit\u00e9s et transformations sont disponibles ?\n\nLes valeurs sont exprim\u00e9es sous forme de ratio, y compris les variantes moyenne de p\u00e9riode et fin de p\u00e9riode. Les transformations comprennent les moyennes mobiles \u00e0 3, 6 et 12 mois (MA3, MA6, MA12) et les variations en pourcentage d'un mois, d'un trimestre ou d'une ann\u00e9e sur l'autre.\n\n### D'o\u00f9 proviennent les donn\u00e9es ?\n\nLes donn\u00e9es sont compil\u00e9es \u00e0 partir des autorit\u00e9s mon\u00e9taires nationales et de calculs internes de la BID fond\u00e9s sur des chiffres officiels d'institutions telles que le Central Bank of The Bahamas, le Banco Central do Brasil, le Banco de Mexico et le Banco de la Rep\u00fablica de Colombia.\n\n### \u00c0 quoi sert habituellement cet indicateur ?\n\nIl sert \u00e0 analyser la cr\u00e9ation mon\u00e9taire et la dynamique du secteur bancaire, \u00e0 \u00e9valuer la transmission de la politique mon\u00e9taire et \u00e0 comparer le multiplicateur mon\u00e9taire entre les \u00e9conomies d'Am\u00e9rique latine et des Cara\u00efbes dans le temps.\n\n### Comment citer cet indicateur ?\n\nCitez-le ainsi : Banque interam\u00e9ricaine de d\u00e9veloppement (BID), Latin Macro Watch \u2014 \u00ab Ratio of Broad Money to Monetary Base (M3/M0) \u00bb. data.iadb.org/dataset/latin-macro-watch-dataset.", "pt_BR": "### O que a Raz\u00e3o entre moeda ampla e base monet\u00e1ria (M3/M0) mede?\n\nMede quantas unidades de moeda ampla (M3) s\u00e3o sustentadas por cada unidade da base monet\u00e1ria (M0). Funciona como um multiplicador monet\u00e1rio que indica o grau de cria\u00e7\u00e3o de moeda pelo sistema banc\u00e1rio.\n\n### Quantos pa\u00edses e quais frequ\u00eancias e per\u00edodo s\u00e3o cobertos?\n\nO indicador cobre 19 pa\u00edses da Am\u00e9rica Latina e do Caribe, dispon\u00edvel em frequ\u00eancia anual, mensal e trimestral, no per\u00edodo de 1990 a 2026.\n\n### Quais unidades e transforma\u00e7\u00f5es est\u00e3o dispon\u00edveis?\n\nOs valores s\u00e3o expressos como uma raz\u00e3o, incluindo as variantes de m\u00e9dia do per\u00edodo e fim do per\u00edodo. As transforma\u00e7\u00f5es incluem m\u00e9dias m\u00f3veis de 3, 6 e 12 meses (MA3, MA6, MA12) e varia\u00e7\u00f5es percentuais m\u00eas a m\u00eas, trimestre a trimestre e ano a ano.\n\n### De onde v\u00eam os dados?\n\nOs dados s\u00e3o compilados a partir das autoridades monet\u00e1rias nacionais e de c\u00e1lculos internos do BID baseados em n\u00fameros oficiais de institui\u00e7\u00f5es como o Central Bank of The Bahamas, o Banco Central do Brasil, o Banco de Mexico e o Banco de la Rep\u00fablica de Colombia.\n\n### Para que esse indicador \u00e9 normalmente usado?\n\n\u00c9 usado para analisar a cria\u00e7\u00e3o de moeda e a din\u00e2mica do setor banc\u00e1rio, avaliar a transmiss\u00e3o da pol\u00edtica monet\u00e1ria e comparar o multiplicador monet\u00e1rio entre as economias da Am\u00e9rica Latina e do Caribe ao longo do tempo.\n\n### Como fa\u00e7o para citar este indicador?\n\nCite assim: Banco Interamericano de Desenvolvimento (BID), Latin Macro Watch \u2014 \"Ratio of Broad Money to Monetary Base (M3/M0)\". data.iadb.org/dataset/latin-macro-watch-dataset."}, "datastore_active": true, "datastore_contains_all_records_of_source_file": false, "description": "The Ratio of Broad Money to Monetary Base (M3/M0) measures how many units of broad money are supported by each unit of the monetary base. It is a money multiplier indicator that reflects the degree of money creation by the banking system across Latin America and the Caribbean. Published in the Latin Macro Watch of the Inter-American Development Bank (IDB), it lets economists, policymakers, and researchers compare monetary dynamics across the region on a consistent basis.\n\n### Coverage\nThe series spans 19 countries in Latin America and the Caribbean at annual, monthly, and quarterly frequency, covering the period 1990 to 2026. Values are expressed as a ratio, including average-of-period and end-of-period variants, and can be viewed through transformations such as 3-, 6-, and 12-month moving averages (MA3, MA6, MA12) and month-over-month, quarter-over-quarter, and year-over-year percentage changes (MoM %, QoQ %, YoY %).\n\n### Sources\nThe data are compiled from national monetary authorities and IDB internal calculations based on official figures from institutions including the Central Bank of The Bahamas, Banco Central do Brasil, Banco de Mexico, and Banco de la Rep\u00fablica de Colombia, ensuring regionally comparable measures of money creation.", "format": "CSV", "hash": "", "id": "77f19a9f-372e-4fda-bb8f-eb107111c7bd", "indicator_category": "Money and Banking", "is_indicator": true, "language": ["en"], "last_modified": "2026-06-26T01:32:45.442811", "metadata_modified": "2026-06-26T01:32:54.975008", "mimetype_inner": null, "name": "Ratio of Broad Money to Monetary Base (M3/M0)", "package_id": "abea491d-2123-4aed-b94a-5dcd057e4fad", "position": 636, "resource_type": null, "rights": {"en": "", "es": "", "fr": "", "pt_BR": ""}, "size": null, "state": "active", "theme": {}, "url": ""}}