Libya M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Libya's m2 money supply growth was -20.26% in 2021, ranked 1st globally. This represents a 233.5% decrease from 2020. Data from World Bank, covering 1961–2021.
Overview
Libya's m2 money supply growth stood at -20.26% in 2021, a decline of +35.44pp from 2020. Libya ranked 1st globally.
Libya’s M2 money‑supply growth has swung dramatically over the 61‑year series, moving from an early‑period expansion of 20.27 % in 1961 to an all‑time peak of 56.45 % in 1974, before collapsing to a trough of –20.26 % in 2021, the deepest negative rate among all countries that year. The 2021 contraction reflects the lingering effects of political instability, sanctions and fiscal strain that intensified after the 2011 civil conflict and were exacerbated by the COVID‑19 pandemic, pushing the growth rate well below the –9.32 % recorded by Angola, Libya’s nearest peer in the ranking. Compared with other small economies, such as Seychelles (–5.09 %) and São Tomé and Principe (–2.60 %), Libya’s monetary contraction is markedly sharper, indicating tighter credit conditions and reduced liquidity in the banking sector. If structural reforms and a durable political settlement are achieved, the trajectory could shift toward modest positive growth, mitigating the current deflationary pressure.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2021 | -20.26% | −35.44pp | #1 |
| 2020 | 15.18% | +17.03pp | #82 |
| 2019 | -1.85% | −1.23pp | #11 |
| 2018 | -0.63% | −25.38pp | #9 |
| 2017 | 24.75% | +2.67pp | #144 |
| 2016 | 22.07% | +9.57pp | #143 |
| 2015 | 12.51% | +12.85pp | #105 |
| 2014 | -0.34% | −6.63pp | #8 |
| 2013 | 6.29% | −6.29pp | #43 |
| 2012 | 12.58% | −11.42pp | #93 |
| 2011 | 24.00% | +24.57pp | #138 |
| 2010 | -0.57% | −17.99pp | #4 |
| 2009 | 17.41% | −31.78pp | #115 |
| 2008 | 49.19% | +11.15pp | #157 |
| 2007 | 38.04% | +23.96pp | #136 |
Detected Pattern
Analysis
Libya matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw m2 money supply growth improve within 24 months. View full analysis →
Frequently Asked Questions
Libya's m2 money supply growth was -20.26% in 2021. Ranked 1st globally. This represents a 233.5% decrease from the previous year.
Libya's m2 money supply growth peaked at 56.45% in 1974.
The lowest m2 money supply growth in Libya was -20.26% in 2021.
Libya ranks 1st globally in m2 money supply growth as of 2021.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
The m2 money supply growth of Libya in 2021 was -20.26%. This ranks 1st in the world.
Cite this page
@misc{historysaid_libya_m2-growth,
title = {Libya M2 Money Supply Growth},
url = {https://historysaid.com/libya/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}