The M3 money supply in the United Kingdom increased rapidly between 2000 and 2023, with a particularly sharp increase in 2020 as a result of the quantitative easing in response to the COVID-19 pandemic. The rising tendency continued between 2021 and 2022, and by December 2022, the M3 money supply in the UK exceeded 3.59 trillion British pounds. 2023 saw a slight decline in the M3 money supply, dropping to 3.53 trillion British pounds by December 2023.
Value of M3 money stock in the United Kingdom (UK) from 2000 to 2023
(in billion GBP)
The source adds the following information: Figures refer to monthly amounts outstanding of monetary financial institutions' sterling and all foreign currency M3 (UK estimate of EMU aggregate) liabilities to private and public sectors.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Bank of England. (September 11, 2024). Value of M3 money stock in the United Kingdom (UK) from 2000 to 2023 (in billion GBP) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1409356/uk-banking-total-money-supply-m3/
Bank of England. "Value of M3 money stock in the United Kingdom (UK) from 2000 to 2023 (in billion GBP)." Chart. September 11, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1409356/uk-banking-total-money-supply-m3/
Bank of England. (2024). Value of M3 money stock in the United Kingdom (UK) from 2000 to 2023 (in billion GBP). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1409356/uk-banking-total-money-supply-m3/
Bank of England. "Value of M3 Money Stock in The United Kingdom (Uk) from 2000 to 2023 (in Billion Gbp)." Statista, Statista Inc., 11 Sep 2024, https://www.statista.com/statistics/1409356/uk-banking-total-money-supply-m3/
Bank of England, Value of M3 money stock in the United Kingdom (UK) from 2000 to 2023 (in billion GBP) Statista, https://www.statista.com/statistics/1409356/uk-banking-total-money-supply-m3/ (last visited December 22, 2024)
Value of M3 money stock in the United Kingdom (UK) from 2000 to 2023 (in billion GBP) [Graph], Bank of England, September 11, 2024. [Online]. Available: https://www.statista.com/statistics/1409356/uk-banking-total-money-supply-m3/
