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.

GDP, billion currency units in the USA, March, 2025 The most recent value is 7490.5 billion U.S. Dollar as of Q1 2025, an increase compared to the previous value of 7430.98 billion U.S. Dollar. Historically, the average for the USA from Q1 1960 to Q1 2025 is 2229.39 billion U.S. Dollar. The minimum of 135.28 billion U.S. Dollar was recorded in Q4 1960, while the maximum of 7490.5 billion U.S. Dollar was reached in Q1 2025. | TheGlobalEconomy.com

In fiscal year 2023, the share of currency in circulation (CIC) to the gross domestic product in India was nearly 13 percent. Since the demonetization in 2017, the CIC-ratio had considerably grown again. India witnessed high ratios of CIC to GDP in times of high economical growth. This time, the CIC-ratio is expected to grow during financial year 2021, despite the recession caused by the coronavirus (COVID-19) pandemic and a likewise rise in digital payments.

This horizontal bar chart displays GDP (current US$) by currency using the aggregation sum. The data is about countries.

GDP, billion currency units in Japan, March, 2025 The most recent value is 155849.8 billion Japanese Yen as of Q1 2025, a decline compared to the previous value of 161852.4 billion Japanese Yen. Historically, the average for Japan from Q1 1960 to Q1 2025 is 89922.04 billion Japanese Yen. The minimum of 3361 billion Japanese Yen was recorded in Q1 1960, while the maximum of 161852.4 billion Japanese Yen was reached in Q4 2024. | TheGlobalEconomy.com

GDP, billion currency units in Mexico, December, 2024 The most recent value is 8658.74 billion Mexican Peso as of Q4 2024, an increase compared to the previous value of 8594.83 billion Mexican Peso. Historically, the average for Mexico from Q1 1993 to Q4 2024 is 3607.33 billion Mexican Peso. The minimum of 398.77 billion Mexican Peso was recorded in Q1 1993, while the maximum of 8658.74 billion Mexican Peso was reached in Q4 2024. | TheGlobalEconomy.com

Key information about Switzerland Foreign Exchange Reserves: % of GDP

• Switzerland Foreign Exchange Reserves: % of GDP was reported at 86.276 % in Dec 2024
• This records a decrease from the previous number of 91.332 % for Sep 2024
• Switzerland Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 78.924 % from Mar 2006 to Dec 2024, with 76 observations
• The data reached an all-time high of 136.320 % in Dec 2020 and a record low of 7.728 % in Sep 2008
• Switzerland Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. Swiss National Bank provides Foreign Exchange Reserves in USD. State Secretariat for Economic Affairs provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

The relative value of cash that circulated in the economy of Mexico declined for the first time in 2022, albeit in a small way. This so-called CIC/GDP ratio is meant to roughly measure the use of cash 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.

Key information about Hong Kong SAR (China) Foreign Exchange Reserves: % of GDP

• Hong Kong SAR (China) Foreign Exchange Reserves: % of GDP was reported at 103.470 % in Dec 2024
• This records a decrease from the previous number of 105.341 % for Sep 2024
• Hong Kong SAR (China) Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 113.071 % from Jun 2000 to Dec 2024, with 99 observations
• The data reached an all-time high of 142.501 % in Dec 2020 and a record low of 57.320 % in Jun 2000
• Hong Kong SAR (China) Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. Hong Kong Monetary Authority provides Foreign Exchange Reserves in USD. Census and Statistics Department provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Key information about Uruguay Foreign Exchange Reserves: % of GDP

• Uruguay Foreign Exchange Reserves: % of GDP was reported at 22.380 % in Sep 2024
• This records an increase from the previous number of 21.635 % for Jun 2024
• Uruguay Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 22.942 % from Dec 2005 to Sep 2024, with 76 observations
• The data reached an all-time high of 31.772 % in Jun 2015 and a record low of 15.728 % in Dec 2006
• Uruguay Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. The Central Bank of Uruguay provides Foreign Exchange Reserves in USD and Nominal GDP in local currency based on SNA 2008. The Central Bank of Uruguay average market exchange rate is used for currency conversions. Foreign Exchange Reserves as % of Nominal GDP prior to Q4 2016 is calculated from Nominal GDP based on SNA 1993.

This bar chart displays GDP (current US$) by currency using the aggregation sum. The data is about countries.

The market size of currency circulating in Brazil's economy declined in 2022 by roughly 0.4 percentage points when compared to the country's GDP. This so-called CIC/GDP ratio is meant to roughly measure the use of cash 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.

GDP, billion currency units in Poland, March, 2025 The most recent value is 892.94 billion Polish Zloty as of Q1 2025, a decline compared to the previous value of 1026.99 billion Polish Zloty. Historically, the average for Poland from Q1 1995 to Q1 2025 is 387.08 billion Polish Zloty. The minimum of 79.1 billion Polish Zloty was recorded in Q1 1995, while the maximum of 1026.99 billion Polish Zloty was reached in Q4 2024. | TheGlobalEconomy.com

This dataset is about countries. It has 194 rows. It features 3 columns: currency, and GDP. It is 100% filled with non-null values.

Coins and banknotes circulating in Finland's economy made up roughly nine percent of GDP in the country in 2019. This so-called CIC/GDP ratio roughly measures 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.

The currency flow of Poland grew in recent years, as the market size of coins and banknotes increased to more than 10 percent of the country's GDP in 2019. This so-called CIC/GDP ratio roughly measures 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.

Romania's money market made up more than nine percent of the country's GDP in 2021, a lower value than what was seen in 2020. This so-called CIC/GDP ratio roughly measures 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.

Coins and banknotes circulating in Malta's economy made up roughly roughly 10 percent of GDP in the country in 2021, a decrease from previous years. This so-called CIC/GDP ratio roughly measures 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.

Key information about Mexico Foreign Exchange Reserves: % of GDP

• Mexico Foreign Exchange Reserves: % of GDP was reported at 10.951 % in Dec 2024
• This records an increase from the previous number of 10.680 % for Sep 2024
• Mexico Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 10.601 % from Mar 2000 to Dec 2024, with 100 observations
• The data reached an all-time high of 16.425 % in Mar 2021 and a record low of 4.612 % in Jun 2000
• Mexico Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. The Bank of Mexico provides Foreign Exchange Reserves in USD. The National Institute of Statistics and Geography provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Key information about Paraguay Foreign Exchange Reserves: % of GDP

• Paraguay Foreign Exchange Reserves: % of GDP was reported at 19.403 % in Sep 2024
• This records a decrease from the previous number of 20.620 % for Jun 2024
• Paraguay Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 13.364 % from Dec 1994 to Sep 2024, with 120 observations
• The data reached an all-time high of 24.855 % in Mar 2021 and a record low of 4.823 % in Mar 1998
• Paraguay Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. Foreign Exchange Reserves is calculated as the sum of International Reserves in USD, Sight and Time Deposits in Other Currencies and Net Reserves with Latin American Integration Association (ALADI). The Central Bank of Paraguay provides Foreign Exchange Reserves in USD and Nominal GDP in local currency. The Central Bank of Paraguay average market exchange rate is used for currency conversions.