France - Money and quasi money growth
Money and quasi money growth (annual %)
The value for Money and quasi money growth (annual %) in France was 5.72 as of 2010. As the graph below shows, over the past 10 years this indicator reached a maximum value of 13.18 in 2007 and a minimum value of 1.50 in 2009.
Definition: Average annual growth rate in money and quasi money. 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). The change in the money supply is measured as the difference in end-of-year totals relative to the level of M2 in the preceding year.
Source: International Monetary Fund, International Financial Statistics and data files.
Topic: Financial Sector Indicators
Sub-Topic: Monetary holdings (liabilities)