Greece - Money and quasi money growth

Money and quasi money growth (annual %)

The value for Money and quasi money growth (annual %) in Greece was -14.93 as of 2011. As the graph below shows, over the past 9 years this indicator reached a maximum value of 15.66 in 2008 and a minimum value of -14.93 in 2011.

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.

See also:

Year Value
2002 -1.45
2003 2.04
2004 9.78
2005 15.00
2006 9.82
2007 12.87
2008 15.66
2009 5.09
2010 -10.10
2011 -14.93

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)