Money supply (broad money) by country: the latest data

* indicates monthly or quarterly data series
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* indicates monthly or quarterly data series
The money supply measure reported below is M2, also known as "broad money". It includes the currency in circulation as well as demand and time deposits. The supply of money is somewhat of an interest in macroeconomic analysis as it relates to the policies of the central bank but we advise caution in drawing false conclusions.

For example, the supply of money also depends on the money multiplier, i.e. on how actively banks initiate credit. The more active they are and the greater the demand for loans, the greater the expansion of money supply for a given central bank policy with respect to bank reserves. Also, while over long periods of time, rapid growth in money supply leads to inflation, the short term effect on prices is not very strong.

The table shows the level of money supply, in billion local currency units, using the latest available data from the national authorities. It also shows the percent change in M2 from three months ago and one year ago.

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.

Countries Latest available value Reference date Change three months Change twelve months
Afghanistan 546.48 Q3 / 2020 1.03% 12.24%
Albania 914.56 Jun / 2022 0.80% 3.48%
Algeria 19633.50 Sep / 2021 3.57% 13.35%
Angola 10918.99 Jun / 2022 0.65% -12.25%
Antigua and Barbuda 3.72 Dec / 2019 0.83% 0.81%
Argentina 14729.67 May / 2022 13.51% 59.82%
Armenia 2488.27 Jun / 2022 3.03% 10.29%
Aruba 5.38 May / 2022 0.42% 7.91%
Australia 2759.05 Jun / 2022 2.92% 9.85%
Austria 421.71 Jun / 2022 0.15% 4.10%
Azerbaijan 26.16 Jun / 2022 10.88% 21.80%
Bahamas 7.61 Jun / 2022 0.41% 4.70%
Bahrain 13.80 Jun / 2022 2.29% 2.42%
Bangladesh 16626.37 May / 2022 2.57% 8.93%
Barbados 13.67 Apr / 2022 2.77% 7.26%
Belarus 22.03 Jan / 2022 5.61% 15.82%
Belgium 655.20 Jun / 2022 1.41% 4.45%
Belize 4.09 Mar / 2022 3.02% 12.66%
Benin 3311.50 Apr / 2022 2.49% 13.12%
Bhutan 193.85 Mar / 2022 1.33% 14.42%
Bolivia 126.03 May / 2022 -1.31% 7.71%
Bosnia and Herzegovina 31.51 Jun / 2022 1.89% 6.36%
Botswana 96.78 May / 2022 1.47% 4.86%
Brazil 4432.10 Apr / 2022 5.65% 12.45%
Brunei 10.25 May / 2022 1.20% -2.72%
Bulgaria 130.80 Jun / 2022 1.25% 10.27%
Burkina Faso 5393.20 Apr / 2022 -2.03% 9.25%
Burma (Myanmar) 79153.75 Q4 / 2021 -1.72% 5.99%
Burundi 3299.88 Apr / 2022 3.94% 25.81%
Cambodia 161988.40 Feb / 2022 2.88% 14.44%
Cameroon 7184.77 May / 2022 0.42% 7.95%
Canada 2358.52 May / 2022 0.58% 5.73%
Cape Verde 215.47 Mar / 2022 2.26% 6.48%
Central African Republic 480.49 May / 2022 -0.08% 12.71%
Chad 1793.37 Apr / 2022 2.14% 36.66%
Chile 180157.44 Jun / 2022 3.14% 5.94%
China 258145.12 Jun / 2022 3.35% 13.44%
Colombia 666490.15 Jun / 2022 3.67% 13.62%
Comoros 193.48 Sep / 2021 7.27% 24.06%
Costa Rica 12166.22 Jul / 2022 -4.95% -7.65%
Croatia 390.38 Jun / 2022 5.76% 13.27%
Cyprus 46.39 Jun / 2022 1.94% 5.66%
Czechia 5801.93 Jun / 2022 1.09% 4.85%
Democratic Republic of the Congo 23720.98 Aug / 2021 9.17% 39.61%
Denmark 1590.63 May / 2022 1.64% 0.59%
Dominica 1.55 Dec / 2019 -1.94% -6.34%
Dominican Republic 1540.24 Jul / 2022 -0.81% 5.63%
Ecuador 71.39 Jun / 2022 0.50% 9.74%
Egypt 6280.45 Mar / 2022 7.86% 22.38%
El Salvador 17.38 Jun / 2022 0.37% 4.84%
Equatorial Guinea 1001.57 Nov / 2021 -2.00% 1.17%
Estonia 25.43 Jun / 2022 1.40% 12.35%
Ethiopia 1459.61 Q4 / 2021 4.77% 23.94%
Euro area 15110.22 Jun / 2022 1.49% 6.17%
Fiji 8.90 Mar / 2022 0.55% 10.52%
Finland 197.91 Jun / 2022 1.23% 4.36%
France 2672.92 Jun / 2022 1.11% 6.24%
Gabon 2469.09 Apr / 2022 0.33% -0.63%
Gambia 64.53 Jun / 2022 -0.98% 13.99%
Georgia 16.50 Jun / 2022 3.92% 16.89%
Germany 3726.47 Jun / 2022 1.35% 5.39%
Ghana 139.44 Feb / 2022 5.92% 17.71%
Greece 233.60 Jun / 2022 3.44% 7.99%
Grenada 2.44 Dec / 2019 1.99% 2.88%
Guatemala 341.01 Jun / 2022 1.17% 10.20%
Guinea 40141.65 Sep / 2021 0.82% 10.27%
Guinea-Bissau 493.30 Apr / 2022 16.87% 18.64%
Guyana 608.97 May / 2022 2.91% 12.66%
Haiti 245.60 Aug / 2021 2.79% 20.12%
Honduras 412.88 May / 2022 0.71% 10.09%
Hong Kong 16237.25 May / 2022 -1.46% 1.91%
Hungary 40327.96 Jun / 2022 1.84% 18.00%
Iceland 2452.95 Jun / 2022 2.89% 10.39%
India 206823.07 May / 2022 3.69% 9.33%
Indonesia 7854186.71 May / 2022 2.13% 12.28%
Iraq 143419.30 Mar / 2022 2.53% 11.44%
Ireland 329.43 Jun / 2022 1.77% 7.06%
Israel 1365.39 May / 2022 2.91% 15.32%
Italy 1940.45 May / 2022 2.08% 5.10%
Ivory Coast 15444.50 Apr / 2022 -1.05% 11.75%
Jamaica 1633.36 Jun / 2022 -0.09% 8.58%
Japan 1204864.40 May / 2022 2.20% 3.19%
Jordan 40.56 May / 2022 2.48% 7.59%
Kazakhstan 24147.39 Jun / 2022 3.24% 9.73%
Kenya 3416.40 Feb / 2022 -0.55% 4.69%
Kuwait 41.57 May / 2022 3.64% 8.60%
Kyrgyzstan 253.19 Dec / 2021 5.00% 15.56%
Laos 147479.46 Mar / 2022 6.31% 29.13%
Latvia 19.12 Jun / 2022 0.68% 4.75%
Lebanon 77073.10 Apr / 2022 2.07% 5.22%
Lesotho 13.64 Jun / 2021 -3.28% 9.38%
Liberia 41.46 Jan / 2022 5.09% 1.43%
Libya 104.06 Mar / 2022 3.42% -8.41%
Lithuania 42.32 Jun / 2022 1.16% 5.67%
Luxembourg 405.30 Jun / 2022 0.48% 10.59%
Macao 674.49 May / 2022 -2.57% -3.38%
North Macedonia 248.02 Jun / 2022 1.25% -2.90%
Madagascar 14317.18 Dec / 2021 6.98% 13.34%
Malawi 2246.40 May / 2022 10.92% 32.16%
Malaysia 2225.26 Jun / 2022 1.01% 6.58%
Maldives 57.74 Jun / 2022 3.32% 26.60%
Mali 4427.30 Apr / 2022 4.88% 11.66%
Malta 25.73 Jun / 2022 0.90% 7.99%
Mauritania 1085.85 Sep / 2021 4.17% 18.86%
Mauritius 783.58 Jun / 2022 1.06% 2.38%
Mexico 11638.51 Jun / 2022 2.33% 9.70%
Moldova 78.72 Jun / 2022 0.16% -2.26%
Mongolia 27607.20 Jun / 2022 4.15% -0.40%
Montserrat 0.26 Dec / 2019 2.18% 0.41%
Morocco 1297.40 Jun / 2022 2.22% 6.81%
Mozambique 581.89 Jul / 2021 5.96% 13.58%
Namibia 128.38 Jun / 2022 -0.55% 5.43%
Nepal 5312.97 Mar / 2022 1.60% 13.85%
Netherlands 1041.03 Jun / 2022 3.20% 9.76%
New Caledonia 581.24 Q4 / 2021 3.18% 6.56%
New Zealand 389.04 Jun / 2022 -0.35% 6.17%
Nicaragua 56.05 Mar / 2022 -4.02% 17.63%
Niger 1689.10 Apr / 2022 2.63% 6.84%
Nigeria 48797.87 Jun / 2022 6.86% 25.56%
Norway 3116.29 Jun / 2022 3.69% 8.71%
Oman 20.38 May / 2022 0.36% 0.49%
Pakistan 26830.60 Jun / 2022 5.55% 10.40%
Paraguay 63424.79 Jun / 2022 -1.15% 1.01%
Peru 297.26 Jun / 2022 -2.13% -1.21%
Philippines 14826.54 Jun / 2022 1.40% 7.93%
Poland 1989.23 Jun / 2022 -0.50% 6.40%
Portugal 233.70 Dec / 2020 3.68% 11.66%
Qatar 639.00 Apr / 2022 4.42% 6.87%
Republic of the Congo 2006.52 May / 2022 1.43% -8.90%
Romania 569.29 Jun / 2022 0.35% 9.59%
Russia 69623.20 Jun / 2022 2.08% 16.85%
Rwanda 3234.79 Apr / 2022 9.06% 24.12%
Saint Lucia 3.34 Dec / 2019 2.27% 3.21%
Saint Vincent and the Grenadines 1.72 Dec / 2019 1.50% 9.91%
Samoa 1.33 Dec / 2021 2.32% 1.69%
Sao Tome and Principe 2729.74 May / 2022 1.86% 6.56%
Saudi Arabia 2140.47 Jun / 2022 2.48% 7.71%
Senegal 8226.40 Apr / 2022 10.87% 20.48%
Serbia 1607.06 Jun / 2022 -0.08% 1.22%
Seychelles 14.32 Jun / 2022 0.52% 6.06%
Sierra Leone 15881.40 Apr / 2022 8.16% 25.00%
Singapore 759.47 Jun / 2022 1.05% 4.01%
Slovakia 81.49 Jun / 2022 1.21% 5.09%
Slovenia 35.18 May / 2022 1.12% 5.49%
Solomon Islands 4.64 Mar / 2022 -1.09% 1.15%
South Africa 3622.05 Jun / 2022 -2.33% 7.27%
South Korea 3698356.90 May / 2022 1.13% 9.27%
Spain 1507.11 Jun / 2022 2.60% 6.00%
Sudan 3983.69 Apr / 2022 18.12% 56.79%
Suriname 49.35 May / 2022 4.40% 43.87%
Swaziland 20.36 May / 2022 -1.88% 0.29%
Sweden 4981.50 Jun / 2022 2.95% 9.74%
Switzerland 1150.36 Jun / 2022 -0.96% -0.10%
Taiwan 55463.19 Jun / 2022 0.83% 7.35%
Tajikistan 29.56 May / 2022 25.91% 33.28%
Tanzania 26605.30 May / 2022 -3.29% 11.57%
Thailand 24534.78 Jun / 2022 -0.10% 6.23%
Togo 2447.70 Apr / 2022 6.67% 17.87%
Tonga 0.64 Dec / 2021 7.15% 12.91%
Trinidad and Tobago 97.70 Feb / 2022 -0.63% -0.74%
Tunisia 93.75 Jan / 2022 0.40% 6.94%
Turkey 6672.68 Jun / 2022 16.16% 76.63%
USA 21645.20 Jun / 2022 -0.96% 5.89%
Uganda 24910.69 May / 2022 2.46% 10.33%
Ukraine 2146.17 Jun / 2022 3.27% 12.38%
United Arab Emirates 1570.30 Feb / 2022 3.51% 4.96%
United Kingdom 3078.94 Jun / 2022 1.95% 6.24%
Uruguay 449.15 Jun / 2022 3.35% 7.87%
Vanuatu 103.58 Jan / 2022 4.04% 7.93%
Venezuela 8021.06 May / 2022 56.63% -99.53%
Zambia 106.51 Apr / 2022 2.59% 0.95%
Zimbabwe 584.58 Mar / 2022 23.94% 151.28%
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