Broad money growth in major advanced economies 2000-2019
Until 2018 the money supply in the United Kingdom had been increasing faster than in the United States or Japan, reaching a year-on-year broad money growth rate of 5.3 percent in 2018. This compares to 4.07 percent in the United States and 2.43 percent in Japan for the same year. However, in 2019 the broad money supply in the United Kingdom declined by -1.34 percent, whereas it grew by almost 8.4 percent in the United States.
Broad money is the most inclusive method of calculating the money supply within a given economy.
It is likely that the global coronavirus (COVID-19) pandemic will impact the broad money supply across many countries as governments enact stimulus packages in response to the resulting economic downturn. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
Broad money is the most inclusive method of calculating the money supply within a given economy.
It is likely that the global coronavirus (COVID-19) pandemic will impact the broad money supply across many countries as governments enact stimulus packages in response to the resulting economic downturn. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
