The statistic shows the development of the money supply (M1, M2 & M3) in Albania from 2002 to 2019. The money supply is the amount of monetary assets available in an economy. M1, called the "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 maturity of maximum two years and deposits redeemable at notice of maximum three months. 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. The value of money supply M3 in Albania amounted to approximately 1.31 trillion Albanian lek in 2019.
Total value of the money supply (M1, M2 & M3) in Albania from 2002 to 2019
(in billion lek)
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).
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Bank of Albania. (April 24, 2020). Total value of the money supply (M1, M2 & M3) in Albania from 2002 to 2019 (in billion lek) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/921625/value-of-euro-coins-in-circulation-in-albania/
Bank of Albania. "Total value of the money supply (M1, M2 & M3) in Albania from 2002 to 2019 (in billion lek)." Chart. April 24, 2020. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/921625/value-of-euro-coins-in-circulation-in-albania/
Bank of Albania. (2020). Total value of the money supply (M1, M2 & M3) in Albania from 2002 to 2019 (in billion lek). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/921625/value-of-euro-coins-in-circulation-in-albania/
Bank of Albania. "Total Value of The Money Supply (M1, M2 & M3) in Albania from 2002 to 2019 (in Billion Lek)." Statista, Statista Inc., 24 Apr 2020, https://www.statista.com/statistics/921625/value-of-euro-coins-in-circulation-in-albania/
Bank of Albania, Total value of the money supply (M1, M2 & M3) in Albania from 2002 to 2019 (in billion lek) Statista, https://www.statista.com/statistics/921625/value-of-euro-coins-in-circulation-in-albania/ (last visited November 04, 2024)
Total value of the money supply (M1, M2 & M3) in Albania from 2002 to 2019 (in billion lek) [Graph], Bank of Albania, April 24, 2020. [Online]. Available: https://www.statista.com/statistics/921625/value-of-euro-coins-in-circulation-in-albania/
