Key information about United States M2 Growth

• United States Money Supply M2 increased 3.9 % YoY in Jan 2025, compared with a growth of 3.8 % in the previous month
• US Money Supply M2 growth data is updated monthly, available from Jan 1960 to Jan 2025
• The data reached an all-time high of 26.6 % in Feb 2021 and a record low of -4.6 % in Apr 2023

CEIC calculates M2 Growth Rate from monthly M2. Federal Reserve Board provides M2 in USD.


Further information about United States M2 Growth

• In the latest reports, US Foreign Exchange Reserves was measured at 34.9 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Dec 2024
• US Domestic Credit reached 30,648.3 USD bn in Mar 2024, representing an drop of 0.3 % YoY
• The country's Non Performing Loans Ratio stood at 1.7 % in Dec 2024, compared with the ratio of 1.5 % in the previous quarter
• Household Debt of US reached 18,036.0 USD bn in Dec 2024, accounting for 61.7 % of the country's Nominal GDP

Money Supply M2 in the United States increased to 21942 USD Billion in May from 21862.40 USD Billion in April of 2025. This dataset provides - United States Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Argentina M2 Growth

• Argentina Money Supply M2 increased 114.5 % YoY in Dec 2024, compared with a growth of 222.6 % in the previous month
• Argentina Money Supply M2 growth data is updated monthly, available from Jan 1991 to Dec 2024
• The data reached an all-time high of 645.4 % in Jan 1991 and a record low of -25.1 % in Nov 2001

CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of Argentina provides M2 in local currency.


Further information about Argentina M2 Growth

• In the latest reports, Argentina Foreign Exchange Reserves was measured at 24.3 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 3.7 Months of Import in May 2023
• Argentina Domestic Credit reached 188.7 USD bn in Nov 2024, representing an increased of 115.0 % YoY
• The country's Non Performing Loans Ratio stood at 1.5 % in Nov 2024, compared with the ratio of 1.5 % in the previous month
• Household Debt of Argentina reached 26.2 USD bn in Nov 2024, accounting for 4.5 % of the country's Nominal GDP

The Eurozone's money supply has experienced significant growth over the past two decades, with the M2 measure reaching approximately 15.6 trillion euros by the end of 2024. This substantial increase from 4.6 trillion euros in 2001 reflects the expanding monetary base in the euro area. However, 2023 marked a notable deviation from this trend, as it was the first year in the observed period where the money supply in the euro area decreased. Components of money supply M2 is a broader measure of money supply that includes cash, checking deposits, and convertible near money. It encompasses the more narrow M1 measure, which consists of the most liquid components, such as currency in circulation and overnight deposits. As of December 2024, the Eurozone's M1 money supply stood at 10.57 trillion euros, while M2 reached 15.6 trillion euros. These figures are used by central banks to forecast inflation and interest rates, playing a crucial role in shaping monetary policy. Comparison with other regions While the Eurozone has seen steady growth in its money supply, other major economies have experienced their own unique trajectories. In the United States, for instance, the M2 money supply reached 20.86 trillion U.S. dollars in 2023, showing a slight decrease from the previous year. Both the Eurozone and the U.S. saw exceptional increases in their money supply during 2020, largely due to quantitative easing measures implemented in response to the COVID-19 pandemic. This global economic event had a profound impact on monetary policies across different regions, influencing the money supply dynamics worldwide.

Money Supply M2 in Egypt increased to 12821921 EGP Million in May from 12684270 EGP Million in April of 2025. This dataset provides - Egypt Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Germany M2 Growth

• Germany Money Supply M2 increased 3.7 % YoY in Jan 2025, compared with a growth of 3.9 % in the previous month
• Germany Money Supply M2 growth data is updated monthly, available from Jan 1970 to Jan 2025
• The data reached an all-time high of 27.0 % in Jan 1991 and a record low of -7.5 % in Apr 1995

CEIC calculates M2 Growth Rate from monthly M2. Deutsche Bundesbank provides M2 in EUR. Germany is part of the Euro Area and the reported figure corresponds to its contribution to the Euro money supply. Since January 1995, data is not fully comparable with data of previous periods as 'Resident' refers to the residents of Germany and of other euro area member states (before that Germany only). M2 Growth Rate prior to January 1996 is sourced from the International Monetary Fund.


Further information about Germany M2 Growth

• In the latest reports, Germany Foreign Exchange Reserves was measured at 36.7 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 0.3 Months of Import in Dec 2024
• Germany Domestic Credit reached 6,397.0 USD bn in Nov 2024, representing an drop of 2.2 % YoY
• The country's Non Performing Loans Ratio stood at 1.2 % in Dec 2022, compared with the ratio of 1.1 % in the previous year
• Household Debt of Germany reached 2,400.6 USD bn in Sep 2024, accounting for 50.3 % of the country's Nominal GDP

Key information about Russia M2 Growth

• Russia Money Supply M2 increased 19.2 % YoY in Jan 2025, compared with a growth of 19.2 % in the previous month
• Russia Money Supply M2 growth data is updated monthly, available from Dec 1992 to Jan 2025
• The data reached an all-time high of 806.3 % in May 1993 and a record low of -10.7 % in Mar 2009

CEIC calculates M2 Growth Rate from monthly M2. The Bank of Russia provides M2 in local currency.


Further information about Russia M2 Growth

• In the latest reports, Russia Foreign Exchange Reserves was measured at 386.4 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 14.9 Months of Import in Oct 2024
• Russia Domestic Credit reached 1,404.0 USD bn in Dec 2024, representing an increased of 19.6 % YoY
• The country's Non Performing Loans Ratio stood at 16.8 % in Nov 2020, compared with the ratio of 17.0 % in the previous month
• Household Debt of Russia reached 365.3 USD bn in Nov 2024, accounting for 20.4 % of the country's Nominal GDP

Graph and download economic data for Real M2 Money Stock (M2REAL) from Jan 1959 to Jun 2025 about M2, monetary aggregates, real, and USA.

Money Supply M2 in China increased to 330332.50 CNY Billion in June from 325783.81 CNY Billion in May of 2025. This dataset provides - China Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about European Union M2 Growth

• European Union Money Supply M2 increased 3.3 % YoY in Jan 2025, compared with a growth of 3.1 % in the previous month
• EU Money Supply M2 growth data is updated monthly, available from Jan 1981 to Jan 2025
• The data reached an all-time high of 11.8 % in Oct 2007 and a record low of -2.3 % in Sep 2023

CEIC calculates M2 Growth Rate from monthly M2. European Central Bank provides M2 in EUR. M2 Growth Rate covers Euro Area 19 only

Money Supply M2 in Argentina increased to 75189092.70 ARS Million in May from 74604114.50 ARS Million in April of 2025. This dataset provides - Argentina Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for M2 for China (MYAGM2CNM189N) from Dec 1998 to Aug 2019 about M2, China, and monetary aggregates.

Money Supply M2 in Japan increased to 1268407.50 JPY Billion in June from 1267064.60 JPY Billion in May of 2025. This dataset provides - Japan Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The UKs M2 money supply reached nearly three trillion GBP by the end of 2021 an increase of more than 100 billion GBP throughout the past year. The "intermediate money" is the sum of M1 (currency in circulation and overnight deposits), deposits with maturity of maximum two years and deposits redeemable at notice of maximum three months.

Money Supply M2 In the Euro Area decreased to 15710290 EUR Million in June from 15736686 EUR Million in May of 2025. This dataset provides the latest reported value for - Euro Area Money Supply M2 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The United States M2 money supply reached approximately ***** trillion U.S. dollars by May 2025, marking a gradual upward trend after a period of decline. This followed an extraordinary surge in 2020 and 2021, primarily driven by the Federal Reserve's aggressive quantitative easing measures in response to the COVID-19 pandemic.

At the end of 2024, the M2 broad money supply in China amounted to over *** trillion yuan. Broad money supply had been growing consistently over the years. However, the overall growth rate of all money supply had been decreasing. Money is not money? In economic theory, the money supply describes the volume of currency that exists in a country. Even though it might sound counterintuitive, there are different types of money. For example, cash, saving deposits, or other liquid assets are then divided into tiers from M1 to M3. Thereby, M2 money or broad money comprised of cash and assets that can easily be converted into cash. The main application of M2 money is making payments and economic transactions. For mainstream economists, the volume of M1 and M2 money can indicate inflation. The mysterious case of money expansion in China The post-pandemic economic recovery has not materialized as the growth in the M2 money supply would have indicated in China. As a consequence of global anti-COVID-19 measures, China’s economic growth fell far below the country’s development targets. After another underperforming year in 2022, the M2 money supply grew by almost ** percent in the first quarter of 2023, but the GDP increased only by *** percent, which indicated that the money does not reach the real economy. Therefore, the Chinese economy could be in a liquidity trap or a balance sheet recession.

This statistic shows the growth rate of China's money supply from 2013 to 2023, i.e. the growth rate of the M2 money supply. M2 is made up of the nonbanks' demand deposits as well as all the cash in circulation (M1) and short-term deposits. In 2023, China's money supply increased by *** percent compared to the previous year.

Key information about Brazil M2 Growth

• Brazil Money Supply M2 increased 12.0 % YoY in Jan 2025, compared with a growth of 11.6 % in the previous month
• Brazil Money Supply M2 growth data is updated monthly, available from Jan 1971 to Jan 2025
• The data reached an all-time high of 6,238.3 % in Jun 1994 and a record low of -0.3 % in Jun 2000

CEIC calculates monthly M2 Growth Rate from monthly M2. The Central Bank of Brazil provides M2 in local currency. M2 Growth Rate prior to December 2002 is based on old methodology. M2 Growth Rate prior to July 1995 is sourced from the International Monetary Fund

Money Supply M2 in Germany decreased to 3936.40 EUR Billion in May from 3944.80 EUR Billion in April of 2025. This dataset provides the latest reported value for - Germany Money Supply M2 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.