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Money Supply (M2)

Money supply (M2), also called broad money, is defined as nonbank private sector’s holdings of notes, coins, and demand deposits, plus savings deposits and foreign currency deposits. Ratio of M2 to GDP is calculated to assess the degree of monetization of an economy. Latest country data obtained from national data sources or IMF Article IV consultation reports: http://www.imf.org/external/np/sec/aiv/index.htm. Benchmarking data from World Development Indicators, most recent publication series FM.LBL.MQMY.GD.ZS. WDI data originate from IMF, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

Source: World Development Indicators