The total value of currency in circulation in the United States reached approximately 2.3 trillion U.S. dollars in 2023, marking a slight increase from the previous year. Over the observed period, the value of currency rose steadily, with a notable spike in 2020. In 2023, the overall value of 100-dollar bills in circulation accounted for 1.89 trillion U.S. dollars.

United States - Monetary Base; Currency in Circulation was 2358.60000 Mil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Monetary Base; Currency in Circulation reached a record high of 2363.70000 in December of 2024 and a record low of 31.20000 in February of 1959. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Monetary Base; Currency in Circulation - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Monetary Base: Currency in Circulation from Jan 1959 to Feb 2025 about monetary base, currency, and USA.

The total value of U.S. dollars in circulation saw significant growth between 2000 and 2023, with 100-dollar bills making up the bulk of the total. By December 31, 2023, the value of 100-dollar bills in circulation surpassed 1.8 trillion U.S. dollars. In comparison, the total value of U.S. currency in circulation in 2023 was around 2.3 trillion U.S. dollars.

In 2023, there were a total of 54.6 billion U.S. dollar notes in circulation, roughly 500 million more than in the previous year. Of these, 18.9 billion were 100-dollar bills, which had the highest volume in circulation. This was followed by the one-dollar bill, with 14.5 billion in circulation. During the observed period, the largest increase in the volume of currency in circulation occurred in 2020, as part of the quantitative easing measures introduced by the Federal Reserve.

The annual value of new banknotes printed in the United States varied significantly between 2002 and 2023, showing a clear downward trend in recent years. The peak was in 2012, when the Bureau of Engraving and Printing produced banknotes valued at 386.6 billion U.S. dollars. During the quantitative easing of 2021, 319.7 billion U.S. dollars worth of banknotes were printed, marking the third-highest figure within the period. By 2023, the value of new banknotes printed had dropped by half, reaching 162.4 billion U.S. dollars. At the same time, the value of currency in circulation reached 2.29 trillion U.S. dollars in 2023.

Money Supply M0 in the United States decreased to 5614000 USD Million in February from 5614200 USD Million in January of 2025. This dataset provides - United States Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Volume of Currency in Circulation: $2 (CURRVOL2) from 1994 to 2023 about notes, currency, and USA.

In 2023, there were 54.6 billion notes in circulation in the United States, a slight increase compared to the previous year. During the observed period, the largest increase in the volume of currency in circulation occurred in 2020, when the volume rose from 44.9 billion to 50.3 billion. In terms of denomination, the 100-dollar banknotes had the highest volume, with 18.9 billion.

United States - Volume of Currency in Circulation: $1 was 14.50000 Bil. of Notes in January of 2023, according to the United States Federal Reserve. Historically, United States - Volume of Currency in Circulation: $1 reached a record high of 14.50000 in January of 2023 and a record low of 6.10000 in January of 1994. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Volume of Currency in Circulation: $1 - last updated from the United States Federal Reserve on March of 2025.

Money Supply M2 in the United States increased to 21447.60 USD Billion in November from 21311.20 USD Billion in October of 2024. This dataset provides - United States Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The monetary base of the United States amounted to roughly 5.8 trillion U.S. dollars as of December 31, 2023, which was a slight increase compared to the previous year. The monetary base includes all physical paper and coin currency in circulation, plus bank reserves held by the central bank. In 2023, around 60 percent (3.5 trillion U.S. dollars) of the monetary base derived from reserve balances, and 40 percent (2.3 trillion U.S. dollars) from the currency in circulation.

Graph and download economic data for Volume of Currency in Circulation: $20 (CURRVOL20) from 1994 to 2023 about notes, currency, and USA.

Money Supply M0 in Canada increased to 251190 CAD Million in January from 243244 CAD Million in December of 2024. This dataset provides - Canada Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

After India declared demonetization of all 500 and 1,000 rupee notes in 2016, the currency in circulation had dropped to 13.35 trillion rupees in financial year 2017. However, the CIC increased rapidly to over 34 trillion rupees as of financial year 2024. The currency in circulation in a country is part of the total money supply chain, and it represents the physical cash that people might have in hand or stored in banks or other financial institutions.

Graph and download economic data for Value of Currency in Circulation: $1 (CURRVAL1) from 1993 to 2023 about notes, currency, and USA.

Taiwan Currency in Circulation: Currency Issued data was reported at 2,123,087.904 NTD mn in Jun 2018. This records an increase from the previous number of 2,113,113.375 NTD mn for May 2018. Taiwan Currency in Circulation: Currency Issued data is updated monthly, averaging 695,259.500 NTD mn from Jan 1982 (Median) to Jun 2018, with 438 observations. The data reached an all-time high of 2,344,641.956 NTD mn in Jan 2017 and a record low of 146,341.000 NTD mn in May 1982. Taiwan Currency in Circulation: Currency Issued data remains active status in CEIC and is reported by Central Bank of the Republic of China. The data is categorized under Global Database’s Taiwan – Table TW.KA001: Money Supply.

The market size of currency circulating in the United States economy made up nearly ten percent of the country's GDP. This so-called CIC/GDP ratio is meant to roughly measure the use of cash money in the country. Due to the anonymity of cash transactions, sources struggle to find exact volumes on this. The ratio mentioned here is quite popular in that regard, as the data it needs is relatively easy to find. Some industry experts mention, however, that this ratio is too general and does not necessarily reflect retail payments. In the case of the United States, another issue may come into play: During the coronavirus pandemic, the Federal Reserve pumped significant amounts of cash money into the American economy. This may potentially reflected in the growing ratio observed here.

Money Supply M1 in the United States increased to 18531.30 USD Billion in February from 18464 USD Billion in January of 2025. This dataset provides - United States Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hong Kong Currency in Circulation: Government Issues data was reported at 12,737.000 HKD mn in Sep 2018. This records an increase from the previous number of 12,707.000 HKD mn for Aug 2018. Hong Kong Currency in Circulation: Government Issues data is updated monthly, averaging 2,939.000 HKD mn from Dec 1968 (Median) to Sep 2018, with 598 observations. The data reached an all-time high of 12,971.000 HKD mn in Feb 2018 and a record low of 144.710 HKD mn in Nov 1969. Hong Kong Currency in Circulation: Government Issues data remains active status in CEIC and is reported by Hong Kong Monetary Authority. The data is categorized under Global Database’s Hong Kong SAR – Table HK.KA001: Money Supply.