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Broad money index (M3) in major advanced economies between January 2018 and August 2020

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Source

Release date

October 2020

Region

Worldwide

Survey time period

January 2018 to August 2020

Supplementary notes

Broad money (M3) includes currency, deposits with an agreed maturity of up to two years, deposits redeemable at notice of up to three months and repurchase agreements, money market fund shares/units and debt securities up to two years. M3 is measured as a seasonally adjusted index based on 2015=100.

Citation formats

Broad money index (M3) in major advanced economies 2018-2020

Published by K. Scholle, Oct 23, 2020
Of the major advanced economies, the United States has recently overtaken the United Kingdom to have the highest growth in money supply with a value of * in August 2020 using the M3 index of broad money (2015 = 100). This compares to * for the United Kingdom - although up until March 2019 money growth in the United Kingdom outpaced money growth in the United States.

Broad money is the most inclusive method of calculating the money supply within a given economy.
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