Broad money growth (annual %) by country
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change...
What the numbers show
Broad money growth (annual %) is currently reported for 165 countries. The highest value is 1,169.2% in Grenada; the lowest is -20.3% in Libya.
The median across all reporting countries is 9.6%, and the mean is 24.3%.
The gap between the highest and lowest reporting country is a factor of about 58.
Over the past decade 85 countries rose and 80 fell. The largest increase was in Burundi (up 31,017.8%), and the largest decrease in Haiti (down 227.4%).
Broad money growth: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Grenada | 1,169.2% | 2025 | up 15,866.1% | volatile |
| 2 | Zimbabwe | 708.9% | 2023 | up 15,476.3% | volatile |
| 3 | Somalia | 162.8% | 1989 | up 335.0% | volatile |
| 4 | Sudan | 88.0% | 2020 | up 234.9% | volatile |
| 5 | Venezuela | 58.8% | 2013 | down 5.7% | volatile |
| 6 | Nigeria | 50.9% | 2023 | up 256.0% | volatile |
| 7 | Tajikistan | 50.6% | 2023 | up 156.7% | volatile |
| 8 | Malawi | 45.1% | 2024 | up 150.1% | volatile |
| 9 | Argentina | 44.9% | 2025 | up 13.7% | volatile |
| 10 | South Sudan | 43.0% | 2025 | down 63.1% | volatile |
| 11 | Laos | 39.1% | 2010 | down 15.0% | volatile |
| 12 | Turkey | 37.9% | 2025 | up 129.5% | volatile |
| 13 | Uzbekistan | 36.6% | 2025 | up 50.8% | rising |
| 14 | Guinea | 35.8% | 2024 | up 152.9% | volatile |
| 15 | Democratic Republic of Congo | 34.8% | 2021 | up 61.9% | volatile |
| 16 | Ghana | 33.0% | 2024 | down 11.6% | volatile |
| 17 | Kyrgyzstan | 30.6% | 2022 | up 28.4% | volatile |
| 18 | Guyana | 28.4% | 2025 | up 672.2% | volatile |
| 19 | Iran | 28.0% | 2016 | down 23.1% | rising |
| 20 | Cote d'Ivoire | 23.8% | 2025 | up 30.9% | volatile |
| 21 | Ethiopia | 23.4% | 2008 | up 2,239.1% | rising |
| 22 | Maldives | 21.4% | 2025 | up 76.7% | volatile |
| 23 | Suriname | 20.8% | 2025 | up 77.1% | volatile |
| 24 | Egypt | 20.6% | 2025 | up 10.5% | volatile |
| 25 | Uganda | 20.0% | 2025 | up 70.7% | volatile |
| 26 | Burundi | 19.8% | 2025 | up 31,017.8% | volatile |
| 27 | Sierra Leone | 19.1% | 2025 | up 119.2% | volatile |
| 28 | United Arab Emirates | 19.0% | 2025 | up 248.2% | volatile |
| 29 | Rwanda | 18.8% | 2024 | up 9.3% | volatile |
| 30 | Myanmar | 18.2% | 2020 | down 57.2% | volatile |
| 31 | Comoros | 18.0% | 2025 | up 5.5% | volatile |
| 32 | Armenia | 17.8% | 2025 | up 63.9% | volatile |
| 33 | Burkina Faso | 17.4% | 2025 | down 10.5% | volatile |
| 34 | Lesotho | 17.1% | 2020 | down 23.5% | volatile |
| 35 | Russia | 16.7% | 2020 | down 32.0% | volatile |
| 36 | Georgia | 16.6% | 2025 | down 4.0% | volatile |
| 37 | Pakistan | 15.7% | 2025 | up 28.9% | flat |
| 38 | Kazakhstan | 15.5% | 2025 | down 54.0% | volatile |
| 39 | Micronesia (country) | 15.4% | 2021 | up 290.8% | volatile |
| 40 | Benin | 15.3% | 2025 | up 150.0% | volatile |
| 41 | Ukraine | 15.3% | 2025 | up 291.5% | volatile |
| 42 | Mongolia | 15.0% | 2024 | up 20.2% | volatile |
| 43 | Canada | 14.9% | 2008 | up 516.5% | volatile |
| 44 | Panama | 14.6% | 2008 | down 6.1% | volatile |
| 45 | Guatemala | 14.5% | 2025 | up 59.4% | volatile |
| 46 | Tanzania | 14.1% | 2023 | up 41.0% | falling |
| 47 | Madagascar | 13.9% | 2024 | up 29.4% | volatile |
| 48 | Cameroon | 13.9% | 2018 | down 0.1% | volatile |
| 49 | Yemen | 13.7% | 2013 | down 30.1% | volatile |
| 50 | Bolivia | 13.7% | 2025 | up 4.3% | volatile |
| 51 | Ecuador | 13.6% | 2025 | up 382.7% | volatile |
| 52 | Chad | 13.6% | 2021 | down 4.1% | volatile |
| 53 | Serbia | 13.5% | 2024 | up 76.8% | volatile |
| 54 | Senegal | 13.3% | 2025 | down 31.8% | volatile |
| 55 | El Salvador | 13.3% | 2025 | up 91.8% | volatile |
| 56 | Singapore | 13.2% | 2020 | up 53.6% | volatile |
| 57 | Nepal | 12.9% | 2025 | down 47.1% | falling |
| 58 | Eritrea | 12.9% | 2014 | up 10.4% | falling |
| 59 | Cambodia | 12.9% | 2025 | down 24.1% | volatile |
| 60 | Jamaica | 12.8% | 2025 | down 4.2% | volatile |
| 62 | Moldova | 12.3% | 2025 | up 511.2% | volatile |
| 63 | Afghanistan | 12.1% | 2020 | down 55.2% | volatile |
| 64 | Mali | 12.0% | 2025 | up 15.4% | volatile |
| 65 | Dominican Republic | 12.0% | 2025 | down 1.3% | volatile |
| 66 | Colombia | 11.9% | 2025 | up 4.3% | volatile |
| 67 | Iceland | 11.7% | 2024 | up 101.4% | volatile |
| 68 | Bhutan | 11.5% | 2024 | down 55.6% | volatile |
| 69 | Nicaragua | 11.3% | 2022 | down 26.4% | volatile |
| 70 | India | 11.3% | 2021 | down 30.0% | rising |
| 71 | Hong Kong | 11.2% | 2025 | up 65.6% | falling |
| 72 | Seychelles | 10.9% | 2025 | up 272.7% | volatile |
| 73 | Paraguay | 10.9% | 2024 | down 27.1% | volatile |
| 74 | Honduras | 10.7% | 2025 | up 36.1% | volatile |
| 75 | Niger | 10.6% | 2025 | up 131.4% | volatile |
| 76 | Tunisia | 10.5% | 2025 | up 94.7% | falling |
| 77 | North Macedonia | 10.2% | 2024 | up 14.4% | volatile |
| 78 | Dominica | 10.0% | 2025 | up 183.0% | volatile |
| 79 | Mauritania | 9.9% | 2019 | down 36.0% | volatile |
| 80 | Brazil | 9.8% | 2025 | down 14.8% | volatile |
| 81 | Montenegro | 9.8% | 2025 | down 11.5% | volatile |
| 82 | Congo | 9.6% | 2023 | up 813.8% | volatile |
| 83 | Indonesia | 9.6% | 2025 | up 6.7% | volatile |
| 84 | Vanuatu | 9.6% | 2024 | up 11.4% | volatile |
| 85 | Hungary | 9.5% | 2024 | up 280.8% | volatile |
| 86 | Bahamas | 9.4% | 2022 | up 215.8% | volatile |
| 87 | Bosnia and Herzegovina | 9.3% | 2024 | up 27.8% | volatile |
| 88 | Mozambique | 9.3% | 2025 | down 64.3% | volatile |
| 89 | Morocco | 9.3% | 2025 | up 63.7% | volatile |
| 90 | Peru | 9.3% | 2022 | down 38.0% | volatile |
| 91 | Poland | 9.2% | 2024 | up 12.9% | volatile |
| 92 | Cape Verde | 9.2% | 2025 | up 47.8% | volatile |
| 93 | Algeria | 9.0% | 2024 | down 37.4% | volatile |
| 94 | Mexico | 8.8% | 2025 | down 28.1% | volatile |
| 95 | Fiji | 8.8% | 2023 | down 53.9% | volatile |
| 96 | Bulgaria | 8.7% | 2024 | up 663.7% | volatile |
| 97 | Equatorial Guinea | 8.7% | 2023 | up 40.5% | volatile |
| 98 | Zambia | 8.7% | 2025 | down 75.3% | volatile |
| 99 | Mauritius | 8.6% | 2025 | down 15.7% | volatile |
| 100 | Angola | 8.5% | 2025 | down 27.6% | volatile |
| 101 | Sri Lanka | 8.3% | 2019 | down 55.3% | volatile |
| 102 | South Africa | 8.2% | 2025 | down 20.8% | falling |
| 103 | Bangladesh | 8.1% | 2025 | down 45.5% | falling |
| 104 | Gambia | 7.8% | 2024 | down 13.1% | volatile |
| 105 | Philippines | 7.8% | 2022 | up 12.1% | volatile |
| 106 | Macao | 7.5% | 2025 | up 349.8% | volatile |
| 107 | Czechia | 7.3% | 2024 | up 24.1% | volatile |
| 108 | East Timor | 7.3% | 2024 | down 63.4% | volatile |
| 109 | Azerbaijan | 7.2% | 2025 | up 730.1% | volatile |
| 110 | Romania | 7.2% | 2025 | down 23.0% | volatile |
| 111 | Palestine | 7.1% | 2024 | down 1.2% | volatile |
| 112 | Belarus | 7.0% | 2021 | down 94.2% | volatile |
| 113 | China | 6.8% | 2024 | down 38.2% | volatile |
| 114 | Namibia | 6.8% | 2021 | down 42.1% | volatile |
| 115 | Australia | 6.7% | 2025 | up 11.3% | volatile |
| 116 | South Korea | 6.6% | 2024 | down 19.6% | volatile |
| 117 | Israel | 6.4% | 2025 | up 51.0% | volatile |
| 118 | Jordan | 6.1% | 2024 | up 246.5% | volatile |
| 119 | United States | 6.0% | 2025 | up 92.3% | volatile |
| 120 | Belize | 5.9% | 2025 | down 21.4% | volatile |
| 121 | Antigua and Barbuda | 5.9% | 2025 | up 2.1% | volatile |
| 122 | Vietnam | 5.7% | 2022 | down 76.9% | volatile |
| 123 | Costa Rica | 5.6% | 2025 | up 40.1% | volatile |
| 124 | Saint Vincent and the Grenadines | 5.4% | 2025 | up 30.2% | volatile |
| 125 | Saint Kitts and Nevis | 5.3% | 2025 | up 8.6% | volatile |
| 126 | Albania | 5.1% | 2024 | up 27.7% | volatile |
| 127 | Botswana | 4.8% | 2024 | up 4.5% | volatile |
| 128 | Malaysia | 4.6% | 2025 | up 51.1% | volatile |
| 129 | Papua New Guinea | 4.4% | 2019 | down 79.8% | volatile |
| 130 | Togo | 4.4% | 2025 | down 78.8% | volatile |
| 131 | Guinea-Bissau | 4.3% | 2025 | down 84.2% | volatile |
| 132 | Lebanon | 4.2% | 2017 | down 66.1% | volatile |
| 133 | Oman | 4.2% | 2017 | down 87.9% | volatile |
| 134 | Saint Lucia | 4.2% | 2025 | down 23.0% | volatile |
| 135 | New Zealand | 4.1% | 2025 | down 57.9% | volatile |
| 136 | Solomon Islands | 3.8% | 2024 | down 31.1% | volatile |
| 137 | Eswatini | 3.6% | 2022 | down 63.9% | volatile |
| 138 | Tonga | 3.6% | 2025 | down 77.7% | volatile |
| 139 | Kuwait | 3.6% | 2025 | up 95.9% | volatile |
| 140 | Djibouti | 3.5% | 2024 | down 45.3% | volatile |
| 141 | Qatar | 3.5% | 2025 | up 1.8% | volatile |
| 142 | Norway | 3.4% | 2024 | down 43.6% | volatile |
| 143 | Thailand | 3.4% | 2024 | down 27.5% | volatile |
| 144 | Switzerland | 3.3% | 2016 | down 28.2% | volatile |
| 145 | Bahrain | 2.9% | 2015 | down 86.6% | volatile |
| 146 | Samoa | 2.6% | 2025 | down 56.6% | volatile |
| 147 | United Kingdom | 2.6% | 2024 | up 201.2% | volatile |
| 148 | Central African Republic | 2.5% | 2022 | up 60.1% | volatile |
| 149 | Brunei | 2.2% | 2025 | up 222.3% | volatile |
| 150 | Liberia | 1.8% | 2024 | up 122.9% | volatile |
| 151 | Denmark | 1.5% | 2024 | down 89.7% | volatile |
| 152 | Gabon | 1.4% | 2019 | down 59.8% | volatile |
| 153 | Trinidad and Tobago | 1.0% | 2024 | down 85.7% | volatile |
| 154 | Kenya | 1.0% | 2024 | down 96.2% | volatile |
| 155 | Barbados | 0.9% | 2023 | down 75.1% | volatile |
| 156 | Uruguay | 0.8% | 2025 | down 96.6% | volatile |
| 157 | Aruba | 0.8% | 2023 | up 121.2% | volatile |
| 158 | Japan | 0.6% | 2025 | down 79.9% | volatile |
| 159 | Sao Tome and Principe | 0.5% | 2024 | down 97.2% | volatile |
| 160 | Sweden | 0.3% | 2024 | down 92.7% | volatile |
| 161 | Saudi Arabia | 0.2% | 2017 | down 99.3% | volatile |
| 162 | Chile | -2.1% | 2024 | down 124.3% | volatile |
| 163 | Iraq | -3.8% | 2024 | down 198.9% | volatile |
| 164 | Syria | -7.8% | 2011 | down 133.2% | volatile |
| 165 | Haiti | -9.6% | 2023 | down 227.4% | volatile |
| 166 | Libya | -20.3% | 2021 | down 184.4% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Kosovo 12.4%
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.