China: Money supply (broad money)
* indicates monthly or quarterly data series
The most recent value is 303306.08 billion Chinese Renminbi as of July 2024, a decline compared to the previous value of 305016.15 billion Chinese Renminbi. Historically, the average for China from January 2004 to July 2024 is 128882.35 billion Chinese Renminbi. The minimum of 22510.19 billion Chinese Renminbi was recorded in January 2004, while the maximum of 305016.15 billion Chinese Renminbi was reached in June 2024.
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* indicates monthly or quarterly data series
- Measure: billion Chinese Renminbi
- Source: People's Bank of China
| Recent values | China: Money supply, billion currency units |
|---|---|
| 2024 Jul | 303306.08 |
| 2024 Jun | 305016.15 |
| 2024 May | 301850.67 |
| 2024 Apr | 301194.2 |
| 2024 Mar | 304795.22 |
| 2024 Feb | 299557.3 |
| 2024 Jan | 297625.02 |
| 2023 Dec | 292271.33 |
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Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 0.2 | 2023 | percent |
| Exchange rate regimes | 5 | 2021 | index points |
| USD exchange rate | 7.0743 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 303,306.08 | 7/2024 | billion |
| Consumer Price Index (CPI) | 132.7618 | 8/2024 | index points |
| Inflation, monthly | 0.40 | 8/2024 | percent |
| Inflation, annual | 0.69 | 8/2024 | percent |
| Private sector credit | 244,257.50 | 6/2024 | billion |
| Business credit | 164,528.84 | 6/2024 | billion |
| Household credit | 79,728.66 | 6/2024 | billion |
| Policy rate | 3.35 | 8/2024 | percent |
| Household debt to GDP | 62.10 | 12/2023 | percent |
| Debt service ratios for private non-financial sector | 18.70 | Q4/2023 | percent |