Broad money index (M3) in major advanced economies 2018-2020
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 153.01 in August 2020 using the M3 index of broad money (2015 = 100). This compares to 134.49 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.
Broad money is the most inclusive method of calculating the money supply within a given economy.
