The share of cashless monetary sources in Russia increased in the most recent year observed, with over 81 percent of money in the system being cashless as of January 1, 2023. The money mass (M2) is defined as an M1 monetary aggregate and balances in the domestic currency on time deposits of nonfinancial organizations, financial institutions (except for credit ones) and households. M1 includes the most liquid portions of the money supply because it contains currency and assets that either are or can be quickly converted to cash.
Breakdown of money mass (M2) in Russia from 2019 to 2023, by type
Characteristic
Cashless
Cash
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Central Bank of the Russian Federation. (June 19, 2023). Breakdown of money mass (M2) in Russia from 2019 to 2023, by type [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1122784/russia-money-mass-distribution-by-type/
Central Bank of the Russian Federation. "Breakdown of money mass (M2) in Russia from 2019 to 2023, by type." Chart. June 19, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1122784/russia-money-mass-distribution-by-type/
Central Bank of the Russian Federation. (2023). Breakdown of money mass (M2) in Russia from 2019 to 2023, by type. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1122784/russia-money-mass-distribution-by-type/
Central Bank of the Russian Federation. "Breakdown of Money Mass (M2) in Russia from 2019 to 2023, by Type." Statista, Statista Inc., 19 Jun 2023, https://www.statista.com/statistics/1122784/russia-money-mass-distribution-by-type/
Central Bank of the Russian Federation, Breakdown of money mass (M2) in Russia from 2019 to 2023, by type Statista, https://www.statista.com/statistics/1122784/russia-money-mass-distribution-by-type/ (last visited July 03, 2024)
Breakdown of money mass (M2) in Russia from 2019 to 2023, by type [Graph], Central Bank of the Russian Federation, June 19, 2023. [Online]. Available: https://www.statista.com/statistics/1122784/russia-money-mass-distribution-by-type/