The statistic depicts the change in the money supply (M1, M2 and M3) in Estonia from 2004 to 2019. The money supply is the amount of monetary assets available in an economy. M1, called the "narrow money", includes currency in circulation (banknotes and coins) and overnight deposits. It depicts the value of the most liquid components of the money supply. The "intermediate money" (M2) is the sum of M1 (currency in circulation and overnight deposits), deposits with maturity of maximum two years and deposits redeemable at notice of maximum three months. 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 **** billion euros in 2019.
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Bank of Estonia. (May 29, 2020). Total value of the money supply (M1, M2 and M3) in Estonia from 2004 to 2019 (in million euros) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/932741/value-of-m1-m2-m3-money-supply-in-estonia/
Bank of Estonia. "Total value of the money supply (M1, M2 and M3) in Estonia from 2004 to 2019 (in million euros)." Chart. May 29, 2020. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/932741/value-of-m1-m2-m3-money-supply-in-estonia/
Bank of Estonia. (2020). Total value of the money supply (M1, M2 and M3) in Estonia from 2004 to 2019 (in million euros). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/932741/value-of-m1-m2-m3-money-supply-in-estonia/
Bank of Estonia. "Total Value of The Money Supply (M1, M2 and M3) in Estonia from 2004 to 2019 (in Million Euros)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 May 2020, /statistics/932741/value-of-m1-m2-m3-money-supply-in-estonia/
Bank of Estonia, Total value of the money supply (M1, M2 and M3) in Estonia from 2004 to 2019 (in million euros) ÌÇÐÄÆƽâ°æ, /statistics/932741/value-of-m1-m2-m3-money-supply-in-estonia/ (last visited July 31, 2026)
Total value of the money supply (M1, M2 and M3) in Estonia from 2004 to 2019 (in million euros) [Graph], Bank of Estonia, May 29, 2020. [Online]. Available: /statistics/932741/value-of-m1-m2-m3-money-supply-in-estonia/
