M2 Money Supply by Country
Track broad money supply across countries, compare latest and previous M2 readings, and link each row to API-ready source data.
Release alerts
Get M2 Money Supply release alerts
Choose a currency and enter your account email. We will notify you when that official-source M2 Money Supply release is published.
As of : 21 currencies with data.
| Country / Currency | Latest | Previous | Change | Last change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|---|
|
USD · US Dollar
|
23,218
|
23,115.20
|
▲ +102.8 | Monthly | USD bn | Federal Reserve | ||
|
EUR · Euro
|
16,457.18
|
16,450.07
|
▲ +7.113 | Monthly | EUR bn | ECB | ||
|
JPY · Japanese Yen
|
1,296.39
|
1,296.64
|
▼ -0.25 | Monthly | JPY tn | Bank of Japan | ||
|
GBP · British Pound
|
3,239,710
|
3,236,285
|
▲ +3,425 | Monthly | GBP mn | Bank of England | ||
|
CHF · Swiss Franc
|
1,117,458
|
1,116,788
|
▲ +670 | Monthly | CHF mn | SNB | ||
|
CAD · Canadian Dollar
|
2,840,155
|
2,832,736
|
▲ +7,419 | Monthly | CAD mn | Bank of Canada | ||
|
AUD · Australian Dollar
|
3,511.90
|
3,481.30
|
▲ +30.6 | Monthly | AUD mn | RBA | ||
|
NZD · New Zealand Dollar
|
251,784
|
250,776
|
▲ +1,008 | Monthly | NZD mn | RBNZ | ||
|
SEK · Swedish Krona
|
5,140,827
|
5,182,603
|
▼ -41,776 | Monthly | SEK mn | Riksbank | ||
|
NOK · Norwegian Krone
|
3,633.26
|
3,642.36
|
▼ -9.095 | Monthly | NOK mn | Norges Bank | ||
|
BRL · Brazilian Real
|
7,737.70
|
7,719.89
|
▲ +17.81 | Monthly | BRL bn | BCB | ||
|
CNY · Chinese Yuan
|
356.808
|
355.51
|
▲ +1.298 | Monthly | CNY tn | PBoC | ||
|
CNH · Offshore Chinese Yuan
|
356.808
|
355.51
|
▲ +1.298 | Monthly | CNY tn | CNY mirror | ||
|
DKK · Danish Krone
|
1,969,301.60
|
— | — | — | Monthly | DKK mn | Nationalbanken | |
|
ILS · Israeli New Shekel
|
1,537,394.78
|
1,526,174.10
|
▲ +11,220.68 | Monthly | ILS mn | Bank of Israel | ||
|
MYR · Malaysian Ringgit
|
2,634,863.12
|
2,536,492.25
|
▲ +98,370.87 | Monthly | ARS mn | — | ||
|
NGN · Nigerian Naira
|
138,766,807.84
|
133,244,656.93
|
▲ +5,522,150.91 | Monthly | NGN mn | CBN | ||
|
PEN · Peruvian Sol
|
428,873
|
421,395
|
▲ +7,478 | Monthly | PEN mn | BCRP | ||
|
KRW · South Korean Won
|
4,239,997
|
4,211,463.80
|
▲ +28,533.2 | Monthly | KRW bn | Bank of Korea | ||
|
TWD · New Taiwan Dollar
|
7.42
|
8.13
|
▼ -0.71 | Monthly | TWD Billions | CBC | ||
|
THB · Thai Baht
|
28,117,621
|
27,958,695
|
▲ +158,926 | Monthly | THB Billions | IMF IFS |
No published M2 Money Supply series yet for Hungary.
What is M2 Money Supply?
M2 is a broad measure of the money supply: currency in circulation plus demand deposits, savings deposits, money-market funds, and other short-term liquid balances. It is published monthly by most major central banks.
Why it matters for FX
M2 growth tracks the cumulative effect of credit creation, fiscal transfers, and central-bank balance-sheet operations. Sustained M2 expansion above nominal GDP growth historically associates with future inflation pressure and currency weakness; M2 contraction (rare) is a tightening signal.
How to read this page
Read year-over-year growth rate against nominal GDP growth as a rough gauge of monetary excess or shortage. Compare across currencies for relative monetary stance. M2 in China, in particular, is closely watched for global liquidity signals.
What to watch for
- M2 growth above / below nominal GDP
- Velocity moves explaining inflation surprises
- China M2 as a global liquidity proxy
- Reserve-balance dynamics affecting US M2
- M2 contraction (unusual, deflationary signal)
Common questions
What is M2 money supply?
M2 is a broad money aggregate that includes cash, checking deposits, savings deposits, money-market balances, and other liquid short-term money-like instruments.
What happens when M2 grows faster than GDP?
Sustained M2 growth above nominal GDP can indicate excess liquidity. If money velocity does not fall enough to offset it, that liquidity can raise medium-term inflation pressure.
Why do traders watch China M2?
China M2 is widely used as a global liquidity signal because Chinese credit cycles influence commodities, regional trade, and risk appetite.
AI Answer-Ready
Key Facts
- Page
- M2
- Section
- Indicators
- Canonical URL
- https://fxmacrodata.com/indicators/m2
- Source
- FXMacroData editorial and official publisher references
- Last Updated
- See page metadata
Provenance And Trust
Cite the canonical URL and source field above. Where available, this page maps to official publisher releases and timestamped updates.
Quick Q&A
What is this page about? This page explains M2 with directly usable context for trading, research, and API workflows.
What source should be cited? Use the canonical URL and the listed source field; cite official publisher references when available.
How fresh is this content? The last updated value above reflects the page metadata or latest available data timestamp.
Can this be used in AI assistants? Yes. This section is intentionally structured for retrieval and citation in chat assistants.
Prompt Packs
Use these in ChatGPT, Claude, Gemini, Mistral, Perplexity, or Grok for consistent source-aware outputs.