The development of the money supply M3 in Spain from January 2018 to December 2021 increased notably, although with frequent fluctuations. The money supply is the amount of monetary assets available in an economy. 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 Spain amounted to approximately 1.52 trillion euros as of December 2021.
Monthly development of the money supply M3 in Spain from January 2017 to December 2021
(in billion euros)
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Bank of Spain. (January 28, 2022). Monthly development of the money supply M3 in Spain from January 2017 to December 2021 (in billion euros) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/926368/value-of-m3-contribution-of-spain/
Bank of Spain. "Monthly development of the money supply M3 in Spain from January 2017 to December 2021 (in billion euros)." Chart. January 28, 2022. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/926368/value-of-m3-contribution-of-spain/
Bank of Spain. (2022). Monthly development of the money supply M3 in Spain from January 2017 to December 2021 (in billion euros). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/926368/value-of-m3-contribution-of-spain/
Bank of Spain. "Monthly Development of The Money Supply M3 in Spain from January 2017 to December 2021 (in Billion Euros)." Statista, Statista Inc., 28 Jan 2022, https://www.statista.com/statistics/926368/value-of-m3-contribution-of-spain/
Bank of Spain, Monthly development of the money supply M3 in Spain from January 2017 to December 2021 (in billion euros) Statista, https://www.statista.com/statistics/926368/value-of-m3-contribution-of-spain/ (last visited November 04, 2024)
Monthly development of the money supply M3 in Spain from January 2017 to December 2021 (in billion euros) [Graph], Bank of Spain, January 28, 2022. [Online]. Available: https://www.statista.com/statistics/926368/value-of-m3-contribution-of-spain/
