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Benin - Money and quasi money in current LCU

2,114,328,664,667.0 (LCU) in 2016

In 2016, M2 for Benin was 2,114,328 million LCU. M2 of Benin increased from 818,510 million LCU in 2007 to 2,114,328 million LCU in 2016 growing at an average annual rate of 11.35 %.

The description is composed by our digital data assistant.

What is M2?

Money and quasi money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government. This definition of money supply is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS).

What is Benin M2?

Date Value Change, %
2016 2,114,328,664,667.0 0.26 %
2015 2,108,804,367,384.0 6.25 %
2014 1,984,822,610,470.0 18.48 %
2013 1,675,179,898,145.0 17.21 %
2012 1,429,261,082,700.0 7.44 %
2011 1,330,298,678,748.0 9.20 %
2010 1,218,193,879,787.0 9.96 %
2009 1,107,803,820,722.0 8.06 %
2008 1,025,170,548,233.0 25.25 %
2007 818,510,084,893.0 19.05 %
2006 687,538,784,983.0 27.35 %
2005 539,899,761,931.0

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