View data of the frequency at which one unit of currency purchases domestically produced goods and services within a given time period.

United States - Velocity of M2 Money Stock was 1.38700 Ratio in January of 2025, according to the United States Federal Reserve. Historically, United States - Velocity of M2 Money Stock reached a record high of 2.19200 in July of 1997 and a record low of 1.12800 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Velocity of M2 Money Stock - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Velocity of M1 Money Stock (M1V) from Q1 1959 to Q1 2025 about velocity, M1, monetary aggregates, and USA.

Money Supply M2 in Sweden increased to 5012153 SEK Million in June from 4991180 SEK Million in May of 2025. This dataset provides - Sweden Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

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.

Egypt Domestic Liquidity & Counterpart Assets: Income Velocity of Money:(GDP) Gross Domestic Product% of M2 data was reported at 1.224 % in Mar 2018. This records a decrease from the previous number of 1.242 % for Feb 2018. Egypt Domestic Liquidity & Counterpart Assets: Income Velocity of Money:(GDP) Gross Domestic Product% of M2 data is updated monthly, averaging 1.300 % from Jan 2002 (Median) to Mar 2018, with 195 observations. The data reached an all-time high of 1.610 % in Jul 2012 and a record low of 1.050 % in Jun 2004. Egypt Domestic Liquidity & Counterpart Assets: Income Velocity of Money:(GDP) Gross Domestic Product% of M2 data remains active status in CEIC and is reported by Central Bank of Egypt. The data is categorized under Global Database’s Egypt – Table EG.KA004: Domestic Liquidity and Counterpart Assets. Since 3 November 2016 the Central Bank of Egypt moved, with immediate effect, to a liberalized exchange rate regime with the aim of ensuring Egypt's competiveness and macroeconomic stability.

Money Supply M2 in Brazil increased to 6888947 BRL Million in June from 6882925 BRL Million in May of 2025. This dataset provides - Brazil 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 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.

Key information about New Zealand Money Supply M2

• New Zealand Money Supply M2 was reported at 242.023 USD bn in Jan 2025
• This records an increase from the previous number of 240.664 USD bn for Dec 2024
• New Zealand Money Supply M2 data is updated monthly, averaging 82.112 USD bn from Mar 1988 to Jan 2025, with 443 observations
• The data reached an all-time high of 271.161 USD bn in Mar 2022 and a record low of 21.409 USD bn in Sep 1988
• New Zealand Money Supply M2 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: Money Supply M2: USD: Monthly

CEIC converts monthly Money Supply M2 into USD. The Reserve Bank of New Zealand provides Money Supply M2 in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.

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 Australia Money Supply M2

• Australia Money Supply M2 was reported at 1,955.356 USD bn in Jan 2025
• This records an increase from the previous number of 1,932.222 USD bn for Dec 2024
• Australia Money Supply M2 data is updated monthly, averaging 208.209 USD bn from Mar 1965 to Jan 2025, with 719 observations
• The data reached an all-time high of 2,133.477 USD bn in Sep 2024 and a record low of 11.548 USD bn in Mar 1965
• Australia Money Supply M2 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: Money Supply M2: USD: Monthly: Seasonally Adjusted

CEIC converts monthly Money Supply M3 into USD. The Reserve Bank of Australia provides Money Supply M3 in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Money Supply M3 covers M1, all deposits at banks and certificates of deposits from the private non-Authorised Deposit-taking Institutions sector, and deposits with non-bank Authorised Deposit-taking Institutions.

Money Supply M2 in the United Kingdom increased to 3112250 GBP Million in June from 3109278 GBP Million in May of 2025. This dataset provides - United Kingdom Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Vietnam Money Supply M2

• Vietnam Money Supply M2 was reported at 591.051 USD bn in Nov 2023
• This records an increase from the previous number of 577.939 USD bn for Oct 2023
• Vietnam Money Supply M2 data is updated monthly, averaging 141.844 USD bn from Dec 2000 to Nov 2023, with 276 observations
• The data reached an all-time high of 591.051 USD bn in Nov 2023 and a record low of 13.573 USD bn in Dec 2000
• Vietnam Money Supply M2 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: Money Supply M2: USD: Monthly

CEIC converts monthly Money Supply M2 into USD. The International Monetary Fund provides Money Supply M2 in local currency. The State Bank of Vietnam period end market exchange rate is used for currency conversions.

Georgia MOF Forecast: Depository Corporations Survey: Velocity of Money M2 data was reported at 3.621 NA in 2021. This records a decrease from the previous number of 3.938 NA for 2020. Georgia MOF Forecast: Depository Corporations Survey: Velocity of Money M2 data is updated yearly, averaging 7.718 NA from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 20.048 NA in 1999 and a record low of 3.621 NA in 2021. Georgia MOF Forecast: Depository Corporations Survey: Velocity of Money M2 data remains active status in CEIC and is reported by Ministry of Finance of Georgia . The data is categorized under Global Database’s Georgia – Table GE.KA007: Monetary Survey: Depository Corporations: Forecast: Ministry of Finance of Georgia.

Key information about South Africa Money Supply M2

• South Africa Money Supply M2 was reported at 240.307 USD bn in Jan 2025
• This records an increase from the previous number of 236.939 USD bn for Dec 2024
• South Africa Money Supply M2 data is updated monthly, averaging 57.685 USD bn from Mar 1965 to Jan 2025, with 719 observations
• The data reached an all-time high of 254.433 USD bn in Sep 2024 and a record low of 4.026 USD bn in Mar 1965
• South Africa Money Supply M2 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: Money Supply M2: USD: Monthly

CEIC converts monthly Money Supply M2 into USD. South African Reserve Bank provides Money Supply M2 in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.

It has recently been argued that when the conventional specification of M2 income velocity is extended to include proxies for two types of institutional change, as emphasized by Bordo and Jonung (1987, 1990), corresponding to the processes of monetization and increasing financial sophistication of financial developments, this extended model is stable in the sense that one can reject the null hypothesis of no cointegration against the alternative of a single cointegrating vector. There may be implications that such an equilibrium relation is a structural income velocity of money function. The evidence based on century-long data from 1880 to 1986 presented in this paper about parameter instability of the cointegrating vector of velocity with its determinants for Canada, Norway, Sweden, and the United Kingdom casts doubt on this interpretation. The evidence is based on using formal stability tests. Moreover, it has an eyeball support from the sequential estimates of various parameters of the cointegrating relationship including income and interest semi-elasticities.

Key information about Canada M2 Growth

• Canada Money Supply M2 increased 6.1 % YoY in Dec 2024, compared with a growth of 5.8 % in the previous month
• Canada Money Supply M2 growth data is updated monthly, available from Jan 1969 to Dec 2024
• The data reached an all-time high of 23.6 % in May 1974 and a record low of -1.8 % in Apr 1998

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


Further information about Canada M2 Growth

• In the latest reports, Canada Foreign Exchange Reserves was measured at 90.2 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 2.0 Months of Import in Dec 2024
• Canada Domestic Credit reached 4,531.7 USD bn in Dec 2024, representing an increased of 3.9 % YoY
• The country's Non Performing Loans Ratio stood at 0.6 % in Sep 2024, compared with the ratio of 0.5 % in the previous quarter
• Household Debt of Canada reached 2,110.9 USD bn in Dec 2024, accounting for 99.2 % of the country's Nominal GDP

Money Supply M2 in Hungary decreased to 44632 HUF Billion in May from 44776.80 HUF Billion in April of 2025. This dataset provides - Hungary Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.