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Ethiopia - Money and quasi money in current LCU

49,811,325,000.0 (LCU) in 2006

In 2006, M2 for Ethiopia was 49,811 million LCU. Between 1997 and 2006, M2 of Ethiopia grew substantially from 18,493 million to 49,811 million LCU rising at an increasing annual rate that reached a maximum of 18.32 % in 2006.

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 Ethiopia M2?

Date Value Change, %
2006 49,811,325,000.0 18.32 %
2005 42,098,915,000.0 17.33 %
2004 35,882,049,000.0 3.98 %
2003 34,509,762,144.1 12.00 %
2002 30,812,932,373.2 16.09 %
2001 26,542,140,160.9 9.59 %
2000 24,218,831,607.9 12.71 %
1999 21,487,795,579.0 14.19 %
1998 18,818,088,000.0 1.75 %
1997 18,493,797,000.0 14.91 %
1996 16,093,553,000.0 6.75 %
1995 15,076,555,000.0

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