Financial Deepening is defined as increases in the ratio of a country's financial assets to its GDP. It has the effect of increasing liquidity. Having access to money can provide more opportunities for investment growth. If done properly financial deepening can increase the country's resilience and boost economic growth.
US Money Supply M2 / US GDP. (ratio)
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Financial deepening is defined as increases in the ratio of a country's financial assets to its GDP. Financial asset accumulation simultaneously provides credit to finance real asset accumulation for the development process.