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Monthly development of the money supply M3* in Italy from June 2017 to May 2020 (in billion euros)

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Source

Release date

November 2020

Region

Italy

Survey time period

June 2017 to May 2020

Supplementary notes

Figures rounded.
* Contribution to euro area monetary aggregates (excluding currency held by the public)
** Provisional.

Citation formats

Value of money supply M3 in Italy 2016-2020

Published by K. Scholle, Nov 19, 2020
The statistic depicts the change in the money supply M3 in Italy from **** to ***. The money supply is the amount of monetary assets available in an economy. M3, called the "broad money" is the sum of M1 (currency in circulation* and overnight deposits), M2 (M1 plus deposits with maturity of maximum two years and deposits redeemable at notice of maximum three months) and marketable instruments issued by Monetary Financial Institutions such as repurchase instruments or money market fund units. The value of money supply M3 amounted to approximately **** trillion euros as of May.
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