Home → Rankings → M2 Money Supply Growth

M2 Money Supply Growth - Ranking 1989

All countries ranked by m2 money supply growth · World Bank
Year

In 1989, Côte d'Ivoire (-8.08%), Ecuador (-7.64%), and Rwanda (-4.17%) ranked highest in m2 money supply growth among all countries. Nicaragua ranked lowest at 2,700.19%.

Data & analysis

Top 5 · 2025 · %
  1. Zimbabwe — 723.41
  2. Argentina — 163.63
  3. South Sudan — 101.56
  4. Türkiye — 93.58
  5. Malawi — 52.06

The 2025 M2 money supply growth ranking reveals a stark divide between economies under acute inflationary pressure and those experiencing monetary contraction. Zimbabwe leads the world at 723.4% annual broad money growth, followed by Argentina at 163.6%, both reflecting chronic currency instability and reliance on money creation to finance deficits. Türkiye’s 93.6% growth similarly signals unorthodox monetary policy amid persistent lira depreciation. These nations share a pattern of rapid monetary expansion that historically precedes or accompanies hyperinflation. At the bottom, Sweden’s -8.1% contraction and Chile’s -7.2% decline suggest aggressive central bank tightening or structural deleveraging in mature financial systems. The negative growth in Mali (-5.6%) may stem from reduced credit demand in a fragile economy. As 2025 progresses, shifts in global commodity prices or IMF intervention programs could reshuffle the leaderboard, particularly if Argentina or Zimbabwe adopts credible stabilization measures.

M2 Money Supply Growth by Country - 1989
RankCountryValueYoY %