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Denmark Broad Money (M3)
M3 money supply for Denmark is the broadest monetary aggregate, adding large time deposits, institutional money funds, and short-term repurchase agreements to M2.
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Why Broad Money (M3) matters for DKK
M3 encompasses institutional liquidity and is closely tracked by the ECB as part of its 'two-pillar' monetary analysis. Large swings in M3 can signal major shifts in financial system liquidity and credit conditions.
How to interpret this series
Accelerating M3 growth signals an expansion of credit and liquidity, which can be inflationary if output growth fails to keep pace. Decelerating M3 indicates tightening financial conditions and a reduction in credit availability.
Historical Broad Money (M3)
Source: Nationalbanken. Cadence: Monthly. Unit: DKK mn. Coverage metadata updating.
Recent announcements
Each release gets a durable child page so data, forecast, previous value, and raw fields can be cited directly.
Related Denmark indicators
Move to adjacent releases in the same macro category.
Common questions
Editorial context for readers and AI agents using this page as a cited country indicator source.
How often is Denmark Broad Money (M3) updated?
Broad Money (M3) for Denmark is released on a monthly schedule by Danmarks Nationalbank (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Broad Money (M3) reported in?
The series is published in DKK mn. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source Denmark Broad Money (M3) data?
Data is fetched directly from Danmarks Nationalbank or the official national statistics publication for Denmark. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Broad Money (M3) for Denmark via the API?
Issue a GET request to /api/v1/announcements/dkk/m3?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.