Money Supply M2 | Forecast | 2017-2020

This page provides forecasts for Money Supply M2 including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last Q3/17 Q4/17 Q1/18 Q2/18 2020
United States 13647.00 Aug/17   13673 13839 14008 14177 15856
Euro Area 10999056.00 Jul/17   11240000 11400000 11600000 11800000 13800000
China 164520.00 Aug/17   165748 168983 172385 175825 209786
Japan 977953.20 Aug/17   978474 979200 979447 979471 978145
Germany 2843.50 Jul/17   2880 2910 2950 2990 3540
United Kingdom 1661481.00 Jul/17   1781000 1843900 1885000 1910700 2529100
France 1991110.00 Jul/17   2180000 2210000 1993732 1993458 3020000
India 28225.84 Sep/17   28224 28097 28084 28050 27721
Italy 1451049.00 Jul/17   1457662 2020000 1458809 1461834 2410000
Brazil 2397357.61 Jul/17   2426776 2459590 2470257 2487875 2508202
Canada 1552864.00 Jul/17   1567370 1592456 1615548 1638629 1857647
South Korea 2477086.20 Jul/17   2520000 2550000 2566703 2598137 3180000
Russia 39275.00 Jul/17   41000 42300 43000 44000 52200
Spain 1134779.00 Jul/17   1143344 1420000 1143555 1142824 2200000
Mexico 12995858879.00 Jul/17   13130627755 13378259775 13616363743 13852785790 16193830582
Indonesia 5166441.90 Jul/17   5180000 5200000 5260000 5260000 6690000
Turkey 1538859230.70 Aug/17   1555097662 1766000000 1644006067 1684109335 2637000000
Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Albania 726629.95 Jul/17   728773 732051 735409 738758 771418
Angola 6253470.47 Jul/17   6244184 6217310 6198145 6183548 6140534
Argentina 1403795.80 Jul/17   1449544 1240000 1591137 1658990 1370000
Armenia 1184978.00 Jul/17   1225060 1260690 1274738 1279129 1247112
Austria 316177.00 Jul/17   315187 315932 314984 315780 315661
Azerbaijan 11338.50 Jul/17   11207 11074 10964 10862 9989
Bahamas 6587.00 Mar/17   6626 6657 6688 6719 7020
Bahrain 10432.00 Apr/17   10529 10581 10630 10678 11042
Bangladesh 10160.76 Jun/17   10401 10675 10956 11236 14011
Belarus 11989.36 Aug/17   12155 11994 11915 11882 11857
Belgium 508300.00 Jul/17   511208 515350 519242 523090 559091
Belize 2890.30 May/17   2865 2843 2823 2804 2677
Bolivia 95975233.00 May/17   95819933 96658009 95715683 96626048 96588802
Bosnia and Herzegovina 21224.85 Jul/17   21420 21584 21640 21652 21466
Botswana 65443.36 Jun/17   65652 66010 66074 66095 66105
Brazil 2397357.61 Jul/17   2426776 2459590 2470257 2487875 2508202
Brunei 14049.88 Mar/17   13923 13909 13897 13895 13894
Bulgaria 81862.40 Jul/17   82407 83666 84857 86030 96315
Burundi 1192277.80 May/17   1185374 1179453 1173897 1168371 1117577
Canada 1552864.00 Jul/17   1567370 1592456 1615548 1638629 1857647
Cape Verde 167855.20 May/17   123836 108311 98758 92729 82245
Chile 108686.76 Aug/17   109010 109682 109949 110032 109471
China 164520.00 Aug/17   165748 168983 172385 175825 209786
Colombia 416699.18 Aug/17   421969 428708 435289 441833 504947
Comoros 121482.00 Mar/17   128090 127287 126102 128177 131327
Congo 6779038.00 Jun/17   7458615 8133831 8735721 9292487 13189455
Costa Rica 10107099.78 Aug/17   10177747 10381910 10571805 10759871 12603781
Cyprus 18440158.00 Nov/07   37299129 37635812 37966940 38292605 41267887
Czech Republic 4094831.44 Jul/17   4147812 4224607 4300601 4375457 5065517
Denmark 1284344.00 Jul/17   1289375 1294096 1295865 1296847 1298118
Djibouti 165669.00 Apr/17   163584 161261 159066 157247 148188
Ecuador 47775.11 Aug/17   48064 48912 49759 50606 51232
Egypt 2940815.00 Jul/17   3051980 3226254 3388209 3550889 5090299
El Salvador 10755.10 Dec/15   11162 11189 11212 11231 11319
Estonia 14062.00 Jul/17   14216 14417 14592 14765 16211
Euro Area 10999056.00 Jul/17   11240000 11400000 11600000 11800000 13800000
Finland 151244.00 Jul/17   152625 154132 155722 157321 172931
France 1991110.00 Jul/17   2180000 2210000 1993732 1993458 3020000
Georgia 7256605.08 Jul/17   7461492 7702649 7817374 7867167 7913448
Germany 2843.50 Jul/17   2880 2910 2950 2990 3540
Greece 161450.00 Jul/17   169000 172000 175000 178000 199000
Guatemala 221450.60 Aug/17   223959 227693 231377 235052 271367
Hong Kong 13461242.00 Jul/17   13569399 13659190 13688935 13696481 13647291
Hungary 20414.50 Jul/17   20491 20489 20482 20473 20377
Iceland 1046768.19 Aug/17   1080 1150 1260 1340 2550
India 28225.84 Sep/17   28224 28097 28084 28050 27721
Indonesia 5166441.90 Jul/17   5180000 5200000 5260000 5260000 6690000
Iraq 87352.00 May/17   86994 86821 86655 86491 84889
Ireland 196867.00 Jul/17   197256 213000 197237 197077 290000
Israel 789848.00 Jun/17   806924 823454 839708 855801 1012402
Italy 1451049.00 Jul/17   1457662 2020000 1458809 1461834 2410000
Ivory Coast 7614945.50 Sep/16   8179562 8314734 8448612 8581197 9838708
Japan 977953.20 Aug/17   978474 979200 979447 979471 978145
Jordan 32880.70 Jun/17   33256 33591 33922 34251 37421
Kazakhstan 13300308.00 Jul/17   13516795 13701931 13941781 14190716 16592018
Kenya 2496.02 Jul/17   2493 2537 2581 2624 3034
Kuwait 36501.50 Jun/17   36390 36400 36375 36375 40600
Kyrgyzstan 131378.00 Jul/17   87100 88900 88900 88900 94600
Latvia 12070.30 Jul/17   11916 11773 11693 11642 11375
Lebanon 82938.10 Jul/17   83505 83916 84154 84368 84984
Lesotho 9644.20 Dec/16   10240 10387 10522 10662 12054
Lithuania 23675.90 Jul/17   23708 23724 23706 23684 23457
Luxembourg 285.30 Jul/17   286 285 285 284 280
Macau 568320.27 Jul/17   577504 472000 597448 601818 477000
Macedonia 261563.80 Jun/17   263713 266334 268707 271032 290289
Malaysia 1667916.83 Jul/17   1740000 1770000 1800000 1800000 2050000
Malta 18729.40 Jul/17   18774 18798 18785 18766 18565
Mexico 12995858879.00 Jul/17   13130627755 13378259775 13616363743 13852785790 16193830582
Moldova 49243.14 Aug/17   48588 49123 49390 49552 49768
Mongolia 13999629.60 Jul/17   14560566 15019751 15199084 15248503 14709944
Morocco 918924.00 Jul/17   926326 927689 928024 927964 925055
Namibia 94140.50 Jul/17   93958 93977 93826 93662 92052
Netherlands 852271.00 Jul/17   850731 843592 849989 843622 844192
New Caledonia 462507.00 Dec/16   446659 469358 461128 456584 485828
New Zealand 150882.00 Jan/17   153875 154562 155212 155829 160407
Nicaragua 151982.66 Jul/17   154472 158234 161975 165695 201837
Niger 1645.20 Apr/17   1497 1435 1443 1453 1447
Nigeria 22200318.98 Jul/17   22181484 22179507 22151677 22122595 21834585
Norway 2152543.00 Jul/17   2147291 2147200 2146844 2146437 2142245
Oman 15969.60 Jul/17   16394 16596 16795 16990 18758
Pakistan 14170304.00 Jul/17   14800000 15414387 14970658 15336196 20000000
Peru 169799.00 Jul/17   171213 173915 176589 179241 204657
Philippines 9597463.74 Jul/17   9742686 9839635 9792193 9792193 9842091
Poland 1259829.78 Aug/17   1410000 1490000 1570000 1660000 2260000
Portugal 203567.00 Jul/17   211500 217100 228700 236200 293300
Qatar 531953.00 Jun/17   536288 537101 537232 537269 537316
Romania 324761.50 Jul/17   328875 335388 342009 348544 410760
Russia 39275.00 Jul/17   41000 42300 43000 44000 52200
Rwanda 1382.20 Jun/17   1240 1193 1173 1160 1068
Sao Tome And Principe 1820908.00 Jul/17   1971635 1972618 1973084 1973166 1973142
Saudi Arabia 1648714.00 Jul/17   1619671 1623464 1649549 1667059 1992800
Senegal 3578.60 Apr/17   3634 3667 3700 3734 4066
Serbia 802320.00 Aug/17   794621 805369 816271 827186 936332
Seychelles 9047.38 Jul/17   9095 9086 9047 9001 8563
Sierra Leone 6392992.00 Dec/16   6968375 7170483 7371200 7570561 9491542
Singapore 576483.70 Jul/17   577670 578957 579342 579369 577226
Slovakia 58.00 Jul/17   58.09 58.11 58.06 57.99 57.3
Slovenia 23989.00 Jul/17   24036 24177 24206 24198 23939
South Africa 2617806.00 Jul/17   2612420 2638715 2666121 2692981 2943797
South Korea 2477086.20 Jul/17   2520000 2550000 2566703 2598137 3180000
Spain 1134779.00 Jul/17   1143344 1420000 1143555 1142824 2200000
Sri Lanka 5281400.00 Jun/17   4517140 4517122 4517122 4517122 4517122
Sudan 160011.00 Jul/17   174850 194240 212663 230132 355676
Swaziland 16462.60 Jun/17   16064 16043 15970 15896 15223
Sweden 3089508.00 Jul/17   3128600 3175769 3224727 3274277 3763501
Switzerland 974380.00 Aug/17   966246 967044 967350 967476 967570
Taiwan 42393600.00 Aug/17   42428432 42836090 43243249 43649884 47678612
Tajikistan 11635.86 Jul/17   11861 12102 12182 12207 12219
Tunisia 66414.00 Jul/17   67301 68007 68291 68392 68089
Turkey 1538859230.70 Aug/17   1555097662 1766000000 1644006067 1684109335 2637000000
Uganda 13775.20 Jul/17   14222 14313 14349 14358 14228
Ukraine 1114647.00 Jul/17   1114650 1129569 1144300 1158813 1294484
United Arab Emirates 1245500.00 Aug/17   1276233 1300000 1307162 1324060 1510000
United Kingdom 1661481.00 Jul/17   1781000 1843900 1885000 1910700 2529100
United States 13647.00 Aug/17   13673 13839 14008 14177 15856
Uruguay 262496.00 Jul/17   249419 249280 249259 249258 249261
Venezuela 29249677.52 Jul/17   42246057 61323355 80693023 98173455 232229820
Vietnam 7125801.00 Dec/16   7400000 7400000 8290000 8290000 11100000
Zimbabwe 6426004.00 Jun/17   6777667 7228827 7663399 8082521 11538237