The statistic depicts the change in the money supply M3 in Estonia from January 2016 to April 2020. The money supply is the amount of monetary assets available in an economy. 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 amounted to approximately 18.6 billion euros as of April 2020.
Monthly development of the money supply M3 in Estonia from January 2016 to April 2020
(in billion euros)
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Bank of Estonia. (May 29, 2020). Monthly development of the money supply M3 in Estonia from January 2016 to April 2020 (in billion euros) [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/922732/value-of-m3-money-supply-in-estonia/?__sso_cookie_checker=failed
Bank of Estonia. "Monthly development of the money supply M3 in Estonia from January 2016 to April 2020 (in billion euros)." Chart. May 29, 2020. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/922732/value-of-m3-money-supply-in-estonia/?__sso_cookie_checker=failed
Bank of Estonia. (2020). Monthly development of the money supply M3 in Estonia from January 2016 to April 2020 (in billion euros). Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/922732/value-of-m3-money-supply-in-estonia/?__sso_cookie_checker=failed
Bank of Estonia. "Monthly Development of The Money Supply M3 in Estonia from January 2016 to April 2020 (in Billion Euros)." Statista, Statista Inc., 29 May 2020, https://www.statista.com/statistics/922732/value-of-m3-money-supply-in-estonia/?__sso_cookie_checker=failed
Bank of Estonia, Monthly development of the money supply M3 in Estonia from January 2016 to April 2020 (in billion euros) Statista, https://www.statista.com/statistics/922732/value-of-m3-money-supply-in-estonia/?__sso_cookie_checker=failed (last visited January 23, 2025)
Monthly development of the money supply M3 in Estonia from January 2016 to April 2020 (in billion euros) [Graph], Bank of Estonia, May 29, 2020. [Online]. Available: https://www.statista.com/statistics/922732/value-of-m3-money-supply-in-estonia/?__sso_cookie_checker=failed
