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 204,142,000,000 as of 2011. As the graph below shows, over the past 10 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
2011 204,142,000,000

Money and quasi money (M2) as % of GDP

Money and quasi money (M2) as % of GDP in Greece was 97.89 as of 2011. Its highest value over the past 10 years was 115.52 in 2009, while its lowest value was 82.14 in 2003.

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
2001 96.19
2002 88.62
2003 82.14
2004 83.93
2005 91.78
2006 93.27
2007 98.42
2008 108.93
2009 115.52
2010 108.03
2011 97.89

Money and quasi money (M2) to total reserves ratio

Money and quasi money (M2) to total reserves ratio in Greece was 42.05 as of 2011. Its highest value over the past 10 years was 106.63 in 2008, while its lowest value was 13.72 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 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
2001 20.00
2002 13.72
2003 27.30
2004 70.65
2005 96.35
2006 85.65
2007 82.41
2008 106.63
2009 67.59
2010 49.71
2011 42.05

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)