The value of money supply M1, M2, and M3 amounted to approximately 1.69 trillion, 2.26 trillion, and 2.27 trillion zloty in Poland as of December 2023, a substantial increase compared to 2004. The money supply is the number of monetary assets available in an economy. M1, called "narrow money," includes currency in circulation (banknotes and coins) and overnight deposits. It depicts the value of the most liquid components of the money supply. M2, or the "intermediate money," is the sum of M1 (currency in circulation and overnight deposits), deposits with a maturity of a maximum of two years, and deposits redeemable at notice of a maximum of three months. M3, called the "broad money," is the sum of M1 (currency in circulation and overnight deposits), M2 (M1 plus deposits with a maturity of a maximum of two years and deposits redeemable at notice of a maximum of three months), and marketable instruments issued by Monetary Financial Institutions such as repurchase instruments or money market fund units.
Annual value of the money supply (M1, M2 & M3) after Poland's accession to European Union (EU) from 2004 to 2023
(in billion zloty)
The source added the following information: ** M1 - (money outside depository corporations plus the transferable deposits and non term deposits in leks of resident sectors (excluding banks and central government) *** M2 (M1 plus term deposits in leks of resident sectors (excluding banks and central government) **** M3 - broad money (M2 plus foreign currency deposits of resident sectors (excluding banks and government).
Source: https://www.nbp.pl/homen.aspx?f=/en/statystyka/miary/miary.html
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National Bank of Poland. (March 20, 2024). Annual value of the money supply (M1, M2 & M3) after Poland's accession to European Union (EU) from 2004 to 2023 (in billion zloty) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1474653/poland-money-supply-after-eu-accession/
National Bank of Poland. "Annual value of the money supply (M1, M2 & M3) after Poland's accession to European Union (EU) from 2004 to 2023 (in billion zloty)." Chart. March 20, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1474653/poland-money-supply-after-eu-accession/
National Bank of Poland. (2024). Annual value of the money supply (M1, M2 & M3) after Poland's accession to European Union (EU) from 2004 to 2023 (in billion zloty). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1474653/poland-money-supply-after-eu-accession/
National Bank of Poland. "Annual Value of The Money Supply (M1, M2 & M3) after Poland's Accession to European Union (Eu) from 2004 to 2023 (in Billion Zloty)." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/1474653/poland-money-supply-after-eu-accession/
National Bank of Poland, Annual value of the money supply (M1, M2 & M3) after Poland's accession to European Union (EU) from 2004 to 2023 (in billion zloty) Statista, https://www.statista.com/statistics/1474653/poland-money-supply-after-eu-accession/ (last visited January 06, 2025)
Annual value of the money supply (M1, M2 & M3) after Poland's accession to European Union (EU) from 2004 to 2023 (in billion zloty) [Graph], National Bank of Poland, March 20, 2024. [Online]. Available: https://www.statista.com/statistics/1474653/poland-money-supply-after-eu-accession/