Value of money supply in Albania 2002-2018

The statistic shows the development of the money supply (M1, M2 & M3) in Albania from 2002 to 2018. The money supply is the amount of monetary assets available in an economy. 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. M2, or The "intermediate money" is the sum of M1 (currency in circulation and overnight deposits), deposits with maturity of maximum two years and deposits redeemable at notice of maximum three months. 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 Albania amounted to approximately 1.26 trillion Albanian lek in 2018.

Total value of the money supply (M1, M2 & M3) in Albania from 2002 to 2018

M1M2M3
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Source

Release date

October 2019

Region

Albania

Survey time period

2002 to 2018*

Supplementary notes

* Data taken from December of each year.

The source added the following information:
** M1 - (money outside depository corporations plus the transferable deposits and non term deposits in leks of resident sectors (excluding banks and central government)
*** M2 (M1 plus term deposits in leks of resident sectors (excluding banks and central government)
**** M3 - broad money (M2 plus foreign currency deposits of resident sectors (excluding banks and government).

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