Russian Federation M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Russian Federation's m2 money supply growth was 16.66% in 2020, ranked 92nd globally. This represents a 226.3% increase from 2019. Data from World Bank, covering 2002–2020.
Overview
Russian Federation's m2 money supply growth stood at 16.66% in 2020, a rise of +11.55pp from 2019. Russian Federation ranked 92nd globally.
The Russian Federation's M2 money supply growth has experienced significant fluctuations over the past two decades, with a notable all-time peak of 41.10% in 2007 and a trough of -0.92% in 2016. In the aftermath of the 2008 global financial crisis, Russia's money supply growth rate plummeted, but it has since rebounded, with the latest figure standing at 16.66% in 2020, ranking 92nd globally. Poland, a peer country, has exhibited a relatively stable growth rate of 16.43% over the same period. The Russian Federation's money supply growth rate has been influenced by its economic policies, particularly the 2014 annexation of Crimea, which led to Western sanctions and a subsequent decline in economic growth. However, with the ongoing efforts to stimulate economic recovery and potential improvements in the global economic landscape, Russia's money supply growth rate may stabilize or even increase in the coming years, potentially driven by investments in infrastructure and other sectors.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2020 | 16.66% | +11.55pp | #92 |
| 2019 | 5.10% | −7.22pp | #46 |
| 2018 | 12.32% | +4.91pp | #119 |
| 2017 | 7.41% | +8.34pp | #69 |
| 2016 | -0.92% | −20.64pp | #14 |
| 2015 | 19.72% | +4.89pp | #137 |
| 2014 | 14.83% | −1.20pp | #123 |
| 2013 | 16.03% | +2.97pp | #115 |
| 2012 | 13.06% | −6.53pp | #98 |
| 2011 | 19.58% | −4.93pp | #123 |
| 2010 | 24.51% | +7.19pp | #132 |
| 2009 | 17.32% | +3.19pp | #114 |
| 2008 | 14.13% | −26.97pp | #77 |
| 2007 | 41.10% | +0.71pp | #143 |
| 2006 | 40.39% | +4.25pp | #144 |
Detected Pattern
Analysis
Russian Federation matched the Fiscal Dominance Trap pattern in 2022. 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
Russian Federation's m2 money supply growth was 16.66% in 2020. Ranked 92nd globally. This represents a 226.3% increase from the previous year.
Russian Federation's m2 money supply growth peaked at 41.10% in 2007.
The lowest m2 money supply growth in Russian Federation was -0.92% in 2016.
Russian Federation ranks 92nd 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 Russian Federation in 2020 was 16.66%. This ranks 92nd in the world.
Cite this page
@misc{historysaid_russian-federation_m2-growth,
title = {Russian Federation M2 Money Supply Growth},
url = {https://historysaid.com/russian-federation/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}