Monthly money supply (M3) in Sweden 2018-2022

The money supply (M3) in Sweden made a significant jump in March 2020, when it increased from around 3.7 trillion Swedish kronor the previous month up to around four trillion Swedish kroner. This upward trend continued throughout 2021 and 2022. In September 2022, the money supply had reached 4.9 trillion Swedish kronor. 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.