An error occured. Details Hide
You have unsaved pages. Restore Cancel

Money and quasi money in current LCU

(LCU)

China is the top country by M2 in the world. As of 2017, M2 in China was 169,023,533 million LCU that accounts for 63.47 % of the world's M2. The top 5 countries (others are Lebanon, Hong Kong, Argentina, and Saudi Arabia) account for 99.78 % of it. The world's total M2 was estimated at 266,303,073 million LCU in 2017.

The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›

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).