Sep 16, 2024
📈 Global Broad Money Supply Hits $129.3 Trillion in Q2 2024
Since 2000, global broad money has grown at a compound annual growth rate (CAGR) of 6.8%, rising from $26.5 trillion to $129.3 trillion by Q2 2024. After a 21% surge from February 2020 to June 2021, broad money fluctuated around an average of $126 trillion over the following three years. This resulted in a lower CAGR of 5.3% from February 2020 to June 2024, below the long-term growth trend.
Global Money Supply provides comprehensive coverage of the global economy, drawing data from 169 countries and territories, which account for 99% of the world's GDP.