M1, called the "narrow money", includes currency in circulation (banknotes and coins) and overnight deposits. It depicts the value of the most liquid components of the money supply. In the Eurozone, the value of money supply M1 amounted to over 8.9 trillion euros as of December 2019.
M2 Money supply
M2 is the calculation of money supply that includes cash, checking deposits and convertible near money. Considered broad money, the money supply M2 includes M1. The measurement is used as a factor in forecasting inflation and interest rates and is used by central banks in creating and regulating policies. At the end of 2019, the value of M2 money supply in the euro area amounted to approximately 12.4 trillion euros.
M3 Money supply
M3, called the "broad money" is the sum of M1 (currency in circulation and overnight deposits), M2 (M1 plus deposits with maturity of maximum two years and deposits redeemable at notice of maximum three months) and marketable instruments issued by Monetary Financial Institutions such as repurchase instruments or money market fund units. The value of money supply M3 in the euro area was valued at 13 trillion euros as of December 2019.
Development of the money supply M1 in the euro area from 2001 to 2019*
(in billion euros)
This feature is limited to our corporate solutions.
Please contact us to get started with full access to dossiers, forecasts, studies and international data.
Corporate Account
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account!
Single Account
Your perfect start with Statista
Instant access to 1m statistics
Download in XLS, PDF & PNG format
Detailed references
$59 / Month *
Corporate Account
Full access
Corporate solution including all features.
* All products require an annual contract.
Prices do not include sales tax.
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.
ECB. (January 29, 2020). Development of the money supply M1 in the euro area from 2001 to 2019* (in billion euros) [Graph]. In Statista. Retrieved February 25, 2020, from https://www.statista.com/statistics/254220/value-of-euro-coins-in-circulation-since-2002/
ECB. "Development of the money supply M1 in the euro area from 2001 to 2019* (in billion euros)." Chart. January 29, 2020. Statista. Accessed February 25, 2020. https://www.statista.com/statistics/254220/value-of-euro-coins-in-circulation-since-2002/
ECB. (2020). Development of the money supply M1 in the euro area from 2001 to 2019* (in billion euros). Statista. Statista Inc.. Accessed: February 25, 2020. https://www.statista.com/statistics/254220/value-of-euro-coins-in-circulation-since-2002/
ECB. "Development of The Money Supply M1 in The Euro Area from 2001 to 2019* (in Billion Euros)." Statista, Statista Inc., 29 Jan 2020, https://www.statista.com/statistics/254220/value-of-euro-coins-in-circulation-since-2002/
ECB, Development of the money supply M1 in the euro area from 2001 to 2019* (in billion euros) Statista, https://www.statista.com/statistics/254220/value-of-euro-coins-in-circulation-since-2002/ (last visited February 25, 2020)
We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.
