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Field Listing :: Stock of money
This entry, also known as "M1," comprises the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency, held by nonbank financial institutions, state and local governments, nonfinancial public enterprises, and the private sector of the economy. The national currency units have been converted to US dollars at the closing exchange rate on the date of the information.
Country Comparison to the World
Country
Stock of money
Afghanistan $NA (31 December 2008)
$1.426 billion (31 December 2007)
Albania $NA (31 December 2008)
$2.707 billion (31 December 2007)
Algeria $60.91 billion (31 December 2008)
$55.43 billion (31 December 2007)
Angola $8.446 billion (31 December 2008)
$4.153 billion (31 December 2007)
Anguilla $NA (31 December 2008)
$23.57 million (31 December 2007)
Antigua and Barbuda $NA (31 December 2008)
$294.8 million (31 December 2007)
Argentina $NA (31 December 2008)
$33.93 billion (31 December 2007)
Armenia $1.359 billion (31 December 2008)
$1.507 billion (31 December 2007)
Aruba $780.4 million (31 December 2008)
$640.9 million (31 December 2007)
Australia $NA (31 December 2008)
$298.5 billion (31 December 2007)
Azerbaijan $6.381 billion (31 December 2008)
$4.261 billion (31 December 2007)
Bahamas, The $1.255 billion (31 December 2008)
$1.274 billion (31 December 2007)
Bahrain $NA (31 December 2008)
$4.169 billion (31 December 2007)
Bangladesh $NA (31 December 2008)
$8.444 billion (31 December 2007)
Barbados $NA (31 December 2008)
$1.478 billion (31 December 2007)
Belarus $4.872 billion (31 December 2008)
$4.065 billion (31 December 2007)
Belgium NA (31 December 2008)
NA (31 December 2007)
note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Belize $345.7 million (31 December 2008)
$323.9 million (31 December 2007)
Benin $NA (31 December 2008)
$1.324 billion (31 December 2007)
Bhutan $NA (31 December 2008)
$381.1 million (31 December 2007)
Bolivia $NA (31 December 2008)
$3.032 billion (31 December 2007)
Bosnia and Herzegovina $4.49 billion (31 December 2008)
$5.13 billion (31 December 2007)
Botswana $NA (31 December 2008)
$1.026 billion (31 December 2007)
Brazil $NA (31 December 2008)
$131.1 billion (31 December 2007)
Brunei $NA (31 December 2008)
$2.674 billion (31 December 2007)
Bulgaria $14.29 billion (31 December 2008)
$15.58 billion (31 December 2007)
Burkina Faso $NA (31 December 2008)
$1.051 billion (31 December 2007)
Burma $NA (31 December 2008)
$598 billion (31 December 2007)
note: this number reflects the vastly overvalued official exchange rate of 5.38 kyat per dollar; at the unofficial black market rate of 1305 kyat per dollar, the stock of kyats would equal only US$2.465 billion and Burma's velocity of money (the number of times money turns over in the course of a year) would be six, in line with the velocity of money for other countries in the region
Burundi $NA (31 December 2008)
$208.7 million (31 December 2007)
Cambodia $591.7 million (31 December 2008)
$513.6 million (31 December 2007)
Cameroon $NA (31 December 2008)
$2.616 billion (31 December 2007)
Canada $NA (31 December 2008)
$391.6 billion (31 December 2007)
Cape Verde $NA (31 December 2008)
$574 million (31 December 2007)
Central African Republic $NA (31 December 2008)
$218.3 million (31 December 2007)
Chad $NA (31 December 2008)
$874.5 million (31 December 2007)
Chile $NA (31 December 2008)
$16.6 billion (31 December 2007)
China $2.434 trillion (31 December 2008)
$2.09 trillion (31 December 2007)
Colombia $21.58 billion (31 December 2008)
$21.81 billion (31 December 2007)
Comoros $73.12 million (31 December 2008)
$76.68 million (31 December 2007)
Congo, Democratic Republic of the $NA (31 December 2008)
$597 million (31 December 2007)
Congo, Republic of the $NA (31 December 2008)
$1.4 billion (31 December 2007)
Costa Rica $4.209 billion (31 December 2008)
$4.504 billion (31 December 2007)
Cote d'Ivoire $NA (31 December 2008)
$4.451 billion (31 December 2007)
Croatia $10.71 billion (31 December 2008)
$11.61 billion (31 December 2007)
Cuba $NA
Cyprus $NA (31 December 2008)
$4.094 billion (31 December 2007)
note: this figure represents the US dollar value of Cypriot pounds in circulation prior to Cyprus joining the Economic and Monetary Union (EMU); see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the EMU; individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Czech Republic $86.55 billion (31 December 2008)
$84.43 billion (31 December 2007)
Denmark $143 billion (31 December 2008)
$148.7 billion (31 December 2007)
Djibouti $462.7 million (31 December 2008)
$380 million (31 December 2007)
Dominica $NA (31 December 2008)
$73.71 million (31 December 2007)
Dominican Republic $3.62 billion (31 December 2008)
$4.074 billion (31 December 2007)
Ecuador $5.907 billion (31 December 2008)
$4.395 billion (31 December 2007)
Egypt $NA (31 December 2008)
$27.6 billion (31 December 2007)
El Salvador $NA (31 December 2008)
$209.7 million (31 December 2007)
Equatorial Guinea $NA (31 December 2008)
$835.2 million (31 December 2007)
Eritrea $NA (31 December 2008)
$749.1 million (31 December 2007)
Estonia $6.106 billion (31 December 2008)
$7.158 billion (31 December 2007)
Ethiopia $NA (31 December 2008)
$3.651 billion (31 December 2006)
European Union $5.542 trillion (31 December 2008)
$5.649 trillion (31 December 2007)
note: this is the quantity of money, M1, for the euro area, converted into US dollars at the exchange rate for the date indicated; it excludes the stock of money carried by non-euro-area members of the European Union
Fiji $NA (31 December 2008)
$1.042 billion (31 December 2007)
Finland $NA (31December 2008)
$NA (31 December 2007)
note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
France $NA

note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Gabon $NA (31 December 2008)
$1.547 billion (31 December 2007)
Gambia, The $NA (31 December 2008)
$186.7 million (31 December 2007)
Gaza Strip $NA (31 December 2008)
$1.574 billion (31 December 2007)
Georgia $972.4 million (31 December 2008)
$1.154 billion (31 December 2007)
Germany $NA

note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Ghana $NA (31 December 2008)
$2.179 billion (31 December 2006)
Greece $NA

note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Grenada $NA (31 December 2008)
$151.2 million (31 December 2007)
Guatemala $6.106 billion (31 December 2008)
$6.227 billion (31 December 2007)
Guinea $NA (31 December 2008)
$309.8 million (31 December 2005)
Guinea-Bissau $NA (31 December 2008)
$142.5 million (31 December 2007)
Guyana $342.3 million (31 December 2008)
$315.2 million (31 December 2007)
Haiti $NA (31 December 2008)
$704.7 million (31 December 2007)
Honduras $1.633 billion (31 December 2008)
$1.6 billion (31 December 2007)
Hong Kong $63.03 billion (31 December 2008)
$51.25 billion (31 December 2007)
Hungary $32.8 billion (31 December 2008)
$36.78 billion (31 December 2007)
Iceland $NA (31 December 2008)
$6.64 billion (31 December 2007)
India $NA (31 December 2008)
$250.9 billion (31 December 2007)
Indonesia $41.71 billion (31 December 2008)
$47.78 billion (31 December 2007)
Iran $NA (31 December 2008)
$46.13 billion (31 December 2007)
Iraq $NA (31 December 2008)
$18.81 billion (31 December 2007)
Ireland $NA

note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Israel $NA (31 December 2008)
$15.36 billion (31 December 2006)
Jamaica $NA (31 December 2008)
$1.369 billion (31 December 2007)
Japan $NA (31 December 2008)
$4.37 trillion (31 December 2007)
Jordan $NA (31 December 2008)
$6.765 billion (31 December 2007)
Kazakhstan $16.12 billion (31 December 2008)
$12.74 billion (31 December 2007)
Kenya $NA (31 December 2008)
$5.912 billion (31 December 2007)
Korea, South $80.66 billion (31 December 2008)
$92.59 billion (31 December 2007)
Kuwait $15.31 billion (31 December 2008)
$15.12 billion (31 December 2007)
Kyrgyzstan $NA (31 December 2008)
$911.1 million (31 December 2007)
Laos $NA (31 December 2008)
$327.9 million (31 December 2007)
Latvia $6.688 billion (31 December 2008)
$8.196 billion (31 December 2007)
Lebanon $NA (31 December 2008)
$2.374 billion (31 December 2007)
Lesotho $416.5 million (31 December 2008)
$439.2 million (31 December 2007)
Liberia $NA (31 December 2008)
$145.6 million (31 December 2007)
Libya $26.66 billion (31 December 2008)
$18.04 billion (31 December 2007)
Lithuania $9.519 billion (31 December 2008)
$11.84 billion (31 December 2007)
Luxembourg $NA

note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Macau $2.66 billion (31 December 2008)
$1.16 billion (31 December 2007)
Macedonia $1.307 billion (31 December 2008)
$1.173 billion (31 December 2007)
Madagascar $1.217 billion (31 December 2008)
$1.161 billion (31 December 2007)
Malawi $NA (31 December 2008)
$361.5 million (31 December 2007)
Malaysia $NA (31 December 2008)
$49.41 billion (31 December 2007)
Maldives $475.2 million (31 December 2008)
$344.1 million (31 December 2007)
Mali $NA (31 December 2008)
$1.58 billion (31 December 2007)
Malta $4.639 billion (31 January 2008)
$4.603 billion (31 December 2007)
note: this figure represents the US dollar value of Maltese liri in circulation prior to Malta joining the Economic and Monetary Union (EMU); see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the EMU; individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Mauritania $NA (31 December 2008)
Mauritius $1.68 billion (31 December 2008)
$1.673 billion (31 December 2007)
Mexico $NA (31 December 2008)
$103.5 billion (31 December 2007)
Micronesia, Federated States of $NA (31 December 2008)
$22.45 million (31 December 2007)
Moldova $1.116 billion (31 December 2008)
$965 million (31 December 2007)
Mongolia $521.2 million (31 December 2008)
$504.7 million (31 December 2007)
Montenegro $NA (31 December 2008)
$1.172 billion (31 December 2007)
Montserrat $NA (31 December 2008)
$17.9 million (31 December 2007)
Morocco $NA (31 December 2008)
$67.42 billion (31 December 2007)
Mozambique $NA (31 December 2008)
$1.261 billion (31 December 2007)
Namibia $1.983 billion (31 December 2008)
$2.149 billion (31 December 2007)
Nepal $2.204 billion (16 July 2008)
$2.184 billion (31 December 2007)
Netherlands $NA

note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Netherlands Antilles $NA (31 December 2008)
$997.8 million (31 December 2007)
New Zealand $13.7 billion (31 December 2008)
$17.85 billion (31 December 2007)
Nicaragua $NA (31 December 2008)
$465.1 million (31 December 2007)
Niger $NA (31 December 2008)
$604.5 million (31 December 2007)
Nigeria $NA (31 December 2008)
$26.82 billion (31 December 2007)
Norway $NA
Oman $NA (31 December 2008)
$5.044 billion (31 December 2007)
Pakistan $NA (31 December 2008)
$52.76 billion (31 December 2007)
Panama $NA (31 December 2008)
$3.054 billion (31 December 2007)
Papua New Guinea $2.009 billion (31 December 2008)
$1.685 billion (31 December 2007)
Paraguay $2.062 billion (31 December 2008)
$1.943 billion (31 December 2007)
Peru $15.42 billion (31 December 2008)
$14.66 billion (31 December 2007)
Philippines $22.53 billion (31 December 2008)
$21.27 billion (31 December 2007)
Poland $118.1 billion (31 December 2008)
$137.4 billion (31 December 2007)
Portugal $NA

note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Qatar $11.93 billion (31 December 2008)
$9.718 billion (31 December 2007)
Romania $25.3 billion (31 December 2008)
$25.17 billion (31 December 2007)
Russia $252.5 billion (31 December 2008)
$303.7 billion (31 December 2007)
Rwanda $233.6 million (31 December 2005)
Saint Kitts and Nevis $NA (31 December 2008)
$97.31 million (31 December 2007)
Saint Lucia $NA (31 December 2008)
$264.7 million (31 December 2007)
Saint Vincent and the Grenadines $NA (31 December 2008)
$155.5 million (31 December 2007)
Samoa $60.13 million (31 December 2008)
$69.97 million (31 December 2007)
San Marino $NA (31 December 2008)
$1.326 billion (31 December 2007)
Sao Tome and Principe $NA (31 December 2008)
$19.99 million (31 December 2007)
Saudi Arabia $113.2 billion (31 December 2008)
$102.4 billion (31 December 2007)
Senegal $NA (31 December 2008)
$2.842 billion (31 December 2007)
Serbia $NA (31 December 2008)
$4.632 billion (31 December 2007)
Seychelles $NA (31 December 2008)
$330.8 million (31 December 2007)
Sierra Leone $NA (31 December 2008)
$184.6 million (31 December 2007)
Singapore $52.57 billion (31 December 2008)
$44.4 billion (31 December 2007)
Slovakia $25.52 billion (31 December 2008)
$26.17 billion (31 December 2007)
note: this figure represents the US dollar value of Slovak koruny in circulation prior to Slovakia joining the Economic and Monetary Union (EMU); see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Slovenia $NA (31 December 2008)
$9.347 billion (31 December 2006)
note: the figure for 2006 represents the US dollar value of tolars in circulation prior to Slovenia joining the Economic and Monetary Union (EMU); see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Solomon Islands $NA (31 December 2008)
$94 million (31 December 2007)
South Africa $43.99 billion (31 December 2008)
$58.49 billion (31 December 2007)
Spain $NA

note: see entry for the European Union for money supply in the euro area; the European Central Bank (ECB) controls monetary policy for the 16 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money and quasi money circulating within their own borders
Sri Lanka $2.55 billion (30 September 2008)
$2.465 billion (31 December 2007)
Sudan $NA (31 December 2008)
$5.549 billion (31 December 2007)
Suriname $NA (31 December 2008)
$416.6 million (31 December 2007)
Swaziland $NA (31 December 2008)
$244.8 million (31 December 2007)
Sweden $185.4 billion (31 December 2008)
$217.1 billion (31 December 2007)
Switzerland $207 billion (31 December 2008 est.)
$213.9 billion (31 December 2007 est.)
Syria $14.29 billion (30 September 2008)
$15.21 billion (31 December 2007)
Tajikistan $NA (31 December 2008)
$329.2 million (31 December 2007)
Tanzania $2.464 billion (31 December 2008)
$2.285 billion (31 December 2007)
Thailand $28.76 billion (31 December 2008)
$28.63 billion (31 December 2007)
Timor-Leste $102.8 million (31 December 2008)
$74.94 million (31 December 2007)
Togo $NA (31 December 2008)
$624.9 million (31 December 2007)
Tonga $NA (31 December 2008)
$46.38 million (31 December 2007)
Trinidad and Tobago $2.39 billion (31 December 2008)
$2.646 billion (31 December 2007)
Tunisia $9.892 billion (31 December 2008)
$9.491 billion (31 December 2007)
Turkey $NA (31 December 2008)
$63.88 billion (31 December 2007)
Uganda $NA (31 December 2008)
$1.347 billion (31 December 2007)
Ukraine $29.24 billion (31 December 2008)
$35.97 billion (31 December 2007)
United Arab Emirates $NA (31 December 2008)
$49.5 billion (31 December 2007)
United Kingdom $NA (31 December 2008)
United States $1.624 trillion (31 December 2008)
$1.395 trillion (31 December 2007)
Uruguay $2.121 billion (31 December 2008)
$2.145 billion (31 December 2007)
Vanuatu $NA (31 December 2008)
$107.1 million (31 December 2007)
Venezuela $79.91 billion (31 December 2008)
$63.18 billion (31 December 2007)
Vietnam $NA (31 December 2008)
$27.01 billion (31 December 2007)
West Bank $NA (31 December 2008)
$1.574 billion (31 December 2007)
World $12.35 trillion (31 December 2007)
Yemen $NA (31 December 2008)
$3.076 billion (31 December 2007)
Zambia $1.034 billion (31 December 2008)
$995.8 million (31 December 2007)
Zimbabwe $NA (31 December 2008)
$14.18 billion (31 December 2007)
note: this number reflects the vastly overvalued official exchange rate of 30,000 Zimbabwe dollars per US dollar; at an unofficial rate of 800,000 Zimbabwe dollars per US dollar, the stock of Zimbabwe dollars would equal only about US$500 million and Zimbabwe's velocity of money (the number of times money turns over in the course of a year) would be nine, in line with the velocity of money for other countries in the region
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