Greece - Money and quasi money

Money and quasi money (M2) (current LCU)

The value for Money and quasi money (M2) (current LCU) in Greece was 239,980,000,000 as of 2010. As the graph below shows, over the past 9 years this indicator reached a maximum value of 266,940,000,000 in 2009 and a minimum value of 137,535,000,000 in 2002.

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
2001 139,563,000,000
2002 137,535,000,000
2003 140,344,000,000
2004 154,073,000,000
2005 177,184,000,000
2006 194,590,000,000
2007 219,633,000,000
2008 254,021,000,000
2009 266,940,000,000
2010 239,980,000,000

Money and quasi money (M2) as % of GDP

Money and quasi money (M2) as % of GDP in Greece was 111.50 as of 2010. Its highest value over the past 8 years was 112.45 in 2009, while its lowest value was 80.19 in 2004.

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
2002 89.28
2003 81.32
2004 80.19
2005 85.80
2006 88.99
2007 92.97
2008 101.68
2009 112.45
2010 111.50

Money and quasi money (M2) to total reserves ratio

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
2010 50.03

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)