Australia - Money and quasi money

Money and quasi money (M2) (current LCU)

The value for Money and quasi money (M2) (current LCU) in Australia was 1,369,640,000,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,369,640,000,000 in 2010 and a minimum value of 7,400,800,000 in 1960.

Definition: 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). Data are in current local currency.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1960 7,400,800,000
1961 7,753,100,000
1962 8,367,100,000
1963 9,242,200,000
1964 10,313,000,000
1965 10,845,200,000
1966 11,686,400,000
1967 12,738,900,000
1968 13,635,000,000
1969 14,934,000,000
1970 15,698,000,000
1971 17,065,500,000
1972 20,424,200,000
1973 24,775,900,000
1974 27,044,900,000
1975 32,605,100,000
1976 36,592,300,000
1977 38,758,900,000
1978 42,824,800,000
1979 47,796,500,000
1980 54,495,100,000
1981 59,881,700,000
1982 66,226,300,000
1983 74,991,700,000
1984 83,792,100,000
1985 98,803,200,000
1986 108,252,000,000
1987 125,603,000,000
1988 148,104,000,000
1989 194,040,000,000
1990 218,795,000,000
1991 221,382,000,000
1992 237,717,000,000
1993 251,330,000,000
1994 276,361,000,000
1995 299,903,000,000
1996 331,839,000,000
1997 356,098,000,000
1998 386,119,000,000
1999 431,311,000,000
2000 447,442,000,000
2001 506,651,000,000
2002 535,596,000,000
2003 604,103,000,000
2004 672,781,000,000
2005 730,679,000,000
2006 840,100,000,000
2007 1,091,230,000,000
2008 1,246,290,000,000
2009 1,252,240,000,000
2010 1,369,640,000,000

Money and quasi money (M2) as % of GDP

Money and quasi money (M2) as % of GDP in Australia was 102.04 as of 2010. Its highest value over the past 49 years was 102.04 in 2010, while its lowest value was 35.55 in 1982.

Definition: 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).

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1961 42.70
1962 44.92
1963 45.37
1964 45.61
1965 45.20
1966 45.80
1967 44.55
1968 44.75
1969 43.23
1970 41.14
1971 40.21
1972 41.70
1973 44.95
1974 42.55
1975 41.50
1976 41.14
1977 38.86
1978 38.52
1979 37.85
1980 37.68
1981 37.19
1982 35.55
1983 36.97
1984 36.86
1985 38.45
1986 39.48
1987 40.63
1988 41.75
1989 46.07
1990 50.58
1991 52.45
1992 53.73
1993 54.54
1994 56.01
1995 57.68
1996 59.38
1997 61.51
1998 62.74
1999 65.62
2000 66.19
2001 67.29
2002 68.66
2003 70.85
2004 73.79
2005 75.74
2006 78.43
2007 88.46
2008 98.57
2009 99.52
2010 102.04

Money and quasi money (M2) to total reserves ratio

Money and quasi money (M2) to total reserves ratio in Australia was 29.72 as of 2010. Its highest value over the past 50 years was 33.93 in 2007, while its lowest value was 3.84 in 1972.

Definition: 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 is frequently called M2; it corresponds to lines 34 and 35 in the International Monetary Fund's (IMF) International Financial Statistics (IFS). Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 9.28
1961 6.58
1962 6.90
1963 5.62
1964 6.06
1965 7.76
1966 8.34
1967 10.45
1968 10.23
1969 13.24
1970 10.29
1971 5.76
1972 3.84
1973 5.67
1974 7.28
1975 10.70
1976 11.58
1977 12.95
1978 12.82
1979 9.74
1980 9.75
1981 14.26
1982 6.72
1983 5.64
1984 7.44
1985 8.25
1986 6.99
1987 6.99
1988 6.87
1989 9.05
1990 8.84
1991 8.92
1992 12.60
1993 12.05
1994 14.12
1995 14.87
1996 14.92
1997 15.03
1998 15.77
1999 12.67
2000 13.78
2001 14.04
2002 13.49
2003 11.78
2004 13.40
2005 12.90
2006 11.49
2007 33.93
2008 31.75
2009 23.40
2010 29.72

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)