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 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 value Reference Change three months Change twelve months
Afghanistan 546.48 Q3 / 2020 1.03% 12.24%
Albania 977.79 Mar / 2024 0.53% 4.91%
Algeria 24368.37 Sep / 2023 1.68% 9.90%
Angola 15466.10 Mar / 2024 -1.14% 38.52%
Antigua and Barbuda 3.72 Dec / 2019 0.83% 0.81%
Argentina 67520.08 Mar / 2024 27.55% 161.67%
Armenia 3350.00 Mar / 2024 -1.76% 18.80%
Aruba 5.59 Dec / 2023 0.52% 0.75%
Australia 2999.57 Mar / 2024 1.30% 4.96%
Austria 432.27 Mar / 2024 0.38% 0.28%
Azerbaijan 34.45 Mar / 2024 -2.60% 16.03%
Bahamas 8.30 Mar / 2024 1.78% 3.76%
Bahrain 14.40 Mar / 2024 -1.98% -1.11%
Bangladesh 19372.42 Mar / 2024 1.47% 8.92%
Barbados 14.21 Jan / 2024 1.93% 2.70%
Belarus 22.03 Jan / 2022 5.61% 15.82%
Belgium 637.40 Mar / 2024 1.71% -1.71%
Belize 4.49 Jan / 2024 3.22% 6.73%
Benin 3588.20 Mar / 2024 -0.71% 1.87%
Bhutan 218.92 Dec / 2023 4.69% 4.77%
Bolivia 149.90 Feb / 2024 7.01% 14.56%
Bosnia and Herzegovina 36.35 Mar / 2024 1.56% 9.31%
Botswana 101.73 Oct / 2022 1.61% 9.96%
Brazil 6018.59 Apr / 2024 3.04% 14.51%
Brunei 10.58 Dec / 2023 2.58% 3.88%
Bulgaria 156.42 Mar / 2024 1.08% 8.01%
Burkina Faso 5770.90 Mar / 2024 3.94% 7.29%
Burma (Myanmar) 80007.96 Q3 / 2022 1.59% -0.66%
Burundi 4634.41 Jan / 2024 0.67% 9.50%
Cambodia 195420.50 Jan / 2024 3.11% 13.20%
Cameroon 7905.15 Jul / 2023 -2.80% 6.45%
Canada 2520.82 Mar / 2024 1.35% 4.45%
Cape Verde 228.49 Nov / 2023 0.61% 5.51%
Central African Republic 498.70 Jul / 2023 2.77% 4.28%
Chad 2093.27 Jul / 2023 0.39% 14.60%
Chile 201718.01 Mar / 2024 1.63% 5.72%
China 301194.20 Apr / 2024 1.20% 7.24%
Colombia 765122.31 Mar / 2024 -0.09% 6.92%
Comoros 210.83 Dec / 2022 4.01% 7.38%
Costa Rica 15065.35 Mar / 2024 0.24% 7.01%
Croatia 64.25 Mar / 2024 -3.69% 4.92%
Cyprus 47.95 Apr / 2024 1.41% 1.52%
Czechia 6546.58 Mar / 2024 3.65% 7.72%
Democratic Republic of the Congo 37487.69 Feb / 2024 8.19% 41.13%
Denmark 1713.35 Mar / 2024 -1.66% 0.35%
Dominica 1.55 Dec / 2019 -1.94% -6.34%
Dominican Republic 1947.98 Mar / 2024 -1.24% 15.76%
Ecuador 81.19 Apr / 2024 2.38% 5.86%
Egypt 8877.59 Dec / 2023 3.82% 19.92%
El Salvador 18.76 Mar / 2024 -0.11% 2.62%
Equatorial Guinea 1331.81 Jul / 2023 12.77% 13.65%
Estonia 27.41 Mar / 2024 0.44% 4.91%
Ethiopia 2170.85 Q2 / 2023 5.56% 26.56%
Euro area 15146.52 Mar / 2024 -0.35% -0.05%
Fiji 10.28 Dec / 2023 2.30% 11.91%
Finland 156.92 Mar / 2024 -1.66% -8.45%
France 2719.87 Mar / 2024 -1.26% -1.27%
Gabon 3337.68 Jul / 2023 5.38% 24.25%
Gambia 73.36 Mar / 2024 0.72% 9.50%
Georgia 25.40 Mar / 2024 1.16% 28.43%
Germany 3768.23 Mar / 2024 0.16% 0.31%
Ghana 250.02 Dec / 2023 14.08% 38.69%
Greece 235.30 Mar / 2024 -2.55% 0.87%
Grenada 2.44 Dec / 2019 1.99% 2.88%
Guatemala 397.63 Mar / 2024 1.24% 7.67%
Guinea 50433.56 Aug / 2023 -0.52% 13.42%
Guinea-Bissau 481.40 Mar / 2024 -2.57% -2.65%
Guyana 889.67 Mar / 2024 5.94% 26.42%
Haiti 245.60 Aug / 2021 2.79% 20.12%
Honduras 526.73 Mar / 2024 1.32% 12.28%
Hong Kong 17186.28 Mar / 2024 -0.05% 3.41%
Hungary 41959.64 Mar / 2024 2.79% 3.83%
Iceland 2858.05 Mar / 2024 3.55% 10.00%
India 248302.91 Mar / 2024 2.37% 11.18%
Indonesia 8888399.53 Mar / 2024 0.70% 7.18%
Iraq 177251.04 Jan / 2024 0.54% 3.14%
Ireland 345.41 Mar / 2024 1.69% 3.98%
Israel 1927.02 Apr / 2024 3.10% 7.48%
Italy 1858.60 Mar / 2024 -0.54% -0.08%
Ivory Coast 17328.90 Mar / 2024 -0.64% 3.35%
Jamaica 1830.50 Jun / 2023 1.83% 9.72%
Japan 1243903.90 Mar / 2024 0.24% 2.51%
Jordan 42.31 Nov / 2023 0.22% 2.12%
Kazakhstan 32535.36 Mar / 2024 -0.65% 15.74%
Kenya 4491.47 Dec / 2023 1.11% 9.02%
Kuwait 39.89 Mar / 2024 2.32% 1.16%
Kyrgyzstan 380.27 Mar / 2024 1.78% 20.26%
Laos 252992.65 Dec / 2023 8.70% 33.26%
Latvia 20.74 Mar / 2024 1.19% 3.17%
Lebanon 98399.70 Feb / 2024 -3.30% -17.25%
Lesotho 13.64 Jun / 2021 -3.28% 9.38%
Liberia 54.01 Jan / 2024 0.82% 15.56%
Libya 125.84 Nov / 2023 3.63% 17.43%
Lithuania 52.36 Mar / 2024 0.72% 3.28%
Luxembourg 370.90 Mar / 2024 2.20% -3.49%
Macao 745.28 Mar / 2024 2.71% 2.63%
North Macedonia 292.74 Mar / 2024 -3.02% 10.04%
Madagascar 16823.57 Sep / 2023 2.32% 9.62%
Malawi 4022.70 Mar / 2024 9.35% 47.83%
Malaysia 2434.37 Mar / 2024 1.35% 6.21%
Maldives 60.42 Mar / 2024 2.11% 2.99%
Mali 4530.30 Mar / 2024 -4.20% -2.89%
Malta 27.43 Mar / 2024 1.68% 3.90%
Mauritania 1301.30 Sep / 2023 1.45% 11.78%
Mauritius 879.69 Mar / 2024 1.74% 7.03%
Mexico 13887.50 Mar / 2024 1.71% 11.75%
Moldova 114.72 Apr / 2024 4.67% 15.73%
Mongolia 37365.40 Mar / 2024 -0.69% 20.77%
Montserrat 0.26 Dec / 2019 2.18% 0.41%
Morocco 1491.29 Mar / 2024 1.56% 6.99%
Mozambique 581.89 Jul / 2021 5.96% 13.58%
Namibia 146.46 Mar / 2024 1.85% 11.56%
Nepal 6420.90 Dec / 2023 5.25% 14.40%
Netherlands 1029.87 Mar / 2024 -0.30% -1.74%
New Caledonia 581.24 Q4 / 2021 3.18% 6.56%
New Zealand 411.40 Mar / 2024 -0.40% 3.96%
Nicaragua 73.55 Jan / 2024 12.88% 19.49%
Niger 1820.10 Mar / 2024 -1.33% -0.71%
Nigeria 93968.49 Feb / 2024 31.71% 77.56%
Norway 3118.75 Mar / 2024 1.31% -1.28%
Oman 23.94 Feb / 2024 7.00% 15.84%
Pakistan 33739.37 Mar / 2024 2.44% 17.09%
Paraguay 76600.29 Mar / 2024 0.64% 13.33%
Peru 323.94 Mar / 2024 -0.34% 4.85%
Philippines 16473.99 Feb / 2024 1.14% 5.43%
Poland 2267.66 Mar / 2024 0.37% 6.87%
Portugal 233.70 Dec / 2020 3.68% 11.66%
Qatar 742.38 Mar / 2024 2.73% 5.36%
Republic of the Congo 2487.27 Jul / 2023 -3.02% 16.58%
Romania 680.12 Mar / 2024 1.85% 10.78%
Russia 99595.80 Mar / 2024 1.23% 17.43%
Rwanda 4381.40 Mar / 2024 0.09% 23.75%
Saint Lucia 3.34 Dec / 2019 2.27% 3.21%
Saint Vincent and the Grenadines 1.72 Dec / 2019 1.50% 9.91%
Samoa 1.63 Dec / 2023 3.13% 13.68%
Sao Tome and Principe 2476.06 Mar / 2024 -13.04% -1.35%
Saudi Arabia 2477.85 Mar / 2024 3.75% 9.62%
Senegal 9488.90 Mar / 2024 -3.45% 4.58%
Serbia 2235.28 Mar / 2024 -2.00% 17.01%
Seychelles 15.48 Mar / 2024 0.91% 7.07%
Sierra Leone 26501.83 Jan / 2024 5.22% 28.80%
Singapore 793.63 Mar / 2024 1.59% 3.08%
Slovakia 86.52 Mar / 2024 0.53% 4.61%
Slovenia 39.11 Mar / 2024 -1.46% 4.32%
Solomon Islands 4.98 Dec / 2023 0.06% -1.31%
South Africa 4281.17 Mar / 2024 1.53% 7.16%
South Korea 4014173.20 Mar / 2024 2.81% 6.28%
Spain 1501.46 Mar / 2024 -1.08% 1.98%
Sri Lanka 13324.62 Mar / 2024 1.03% 8.39%
Sudan 5058.73 Feb / 2023 7.75% 43.87%
Suriname 81.62 Mar / 2024 -1.80% 7.12%
Swaziland 20.93 Mar / 2024 -10.65% 4.09%
Sweden 4774.88 Mar / 2024 -0.90% -0.10%
Switzerland 1136.94 Mar / 2024 0.08% -1.60%
Taiwan 62437.60 Mar / 2024 2.77% 6.45%
Tajikistan 33.55 Jan / 2024 3.82% -0.97%
Tanzania 34129.70 Mar / 2024 0.38% 11.92%
Thailand 25860.11 Mar / 2024 1.49% 2.49%
Togo 2951.00 Mar / 2024 6.09% 11.19%
Tonga 0.68 Dec / 2022 0.67% 5.31%
Trinidad and Tobago 103.98 Feb / 2024 1.52% 4.15%
Tunisia 111.52 Dec / 2023 4.07% 8.30%
Turkey 14288.56 Mar / 2024 4.94% 57.48%
USA 20981.90 Mar / 2024 0.59% -0.28%
Uganda 29258.31 Mar / 2024 -1.05% 10.29%
Ukraine 3127.62 Mar / 2024 1.66% 22.29%
United Arab Emirates 2104.74 Feb / 2024 8.75% 20.31%
United Kingdom 3042.59 Mar / 2024 0.70% -0.39%
Uruguay 545.20 Mar / 2024 0.46% 5.40%
Uzbekistan 213228.34 Mar / 2024 0.54% 17.95%
Vanuatu 119.31 Feb / 2024 3.76% 7.53%
Venezuela 96068.47 Apr / 2024 35.73% 196.10%
Zambia 149.89 Jan / 2024 8.01% 23.67%
Zimbabwe 59164.49 Mar / 2024 213.51% 1760.96%



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.

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