Liberia M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Liberia's m2 money supply growth was 2.40% in 2020, ranked 16th globally. This represents a 132.5% increase from 2019. Data from World Bank, covering 1975–2020.
Overview
Liberia's m2 money supply growth stood at 2.40% in 2020, a rise of +9.80pp from 2019. Liberia ranked 16th globally.
Liberia’s M2 money‑supply growth has been highly volatile over the 44‑year series, swinging from a steep contraction of –49.68 % in 1975, the all‑time trough, to a dramatic expansion of 150.99 % in 1998, the peak recorded by the World Bank. By 2020 the annual growth rate had fallen to a modest 2.40 %, placing the country 16th globally and edging slightly above peers such as Azerbaijan (1.11 %) and Cabo Verde (3.77 %). The post‑conflict surge in the late 1990s reflected expansive fiscal financing and monetary accommodation, while the recent slowdown mirrors tighter policy and slower credit growth. Despite the recent deceleration, the trajectory remains positive; sustained improvements in fiscal consolidation, financial‑sector depth and macro‑stability could reinforce the upward trend and lift Liberia’s money‑supply growth above its current level.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2020 | 2.40% | +9.80pp | #16 |
| 2019 | -7.40% | −10.43pp | #5 |
| 2018 | 3.03% | −7.61pp | #30 |
| 2017 | 10.64% | +18.77pp | #101 |
| 2016 | -8.13% | −16.84pp | #3 |
| 2015 | 8.71% | +16.66pp | #74 |
| 2014 | -7.95% | −30.60pp | #2 |
| 2013 | 22.65% | +20.44pp | #145 |
| 2012 | 2.20% | −27.94pp | #17 |
| 2011 | 30.14% | +1.72pp | #144 |
| 2010 | 28.42% | +2.76pp | #142 |
| 2009 | 25.66% | −12.03pp | #139 |
| 2008 | 37.69% | +12.96pp | #151 |
| 2007 | 24.73% | −7.70pp | #113 |
| 2006 | 32.43% | +3.52pp | #131 |
Detected Pattern
Analysis
Liberia matched the Fiscal Dominance Trap pattern in 2008. Historically, 72% of countries showing this pattern (278 out of 386) saw m2 money supply growth improve within 24 months. View full analysis →
Frequently Asked Questions
Liberia's m2 money supply growth was 2.40% in 2020. Ranked 16th globally. This represents a 132.5% increase from the previous year.
Liberia's m2 money supply growth peaked at 150.99% in 1998.
The lowest m2 money supply growth in Liberia was -49.68% in 1975.
Liberia ranks 16th globally in m2 money supply growth as of 2020.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
The m2 money supply growth of Liberia in 2020 was 2.40%. This ranks 16th in the world.
Cite this page
@misc{historysaid_liberia_m2-growth,
title = {Liberia M2 Money Supply Growth},
url = {https://historysaid.com/liberia/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}