Serbia M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Serbia's m2 money supply growth was 9.94% in 2025, ranked 47th globally. This represents a 26.4% decrease from 2024. Data from World Bank, covering 1998–2025.
Overview
Serbia's m2 money supply growth stood at 9.94% in 2025, a decline of +3.57pp from 2024. Based on recent trends, this figure is projected to reach 9.94% by 2025. Serbia ranked 47th globally.
Serbia's M2 money supply growth has experienced significant fluctuations since 1998, with an all-time peak of 160.81% in 2000 and a trough of 3.57% in 2017. The country's recent growth rate, at 9.94% in 2025, ranks 47th globally. This trend is comparable to that of Tunisia, another country with a similar growth rate of 9.64%. Serbia's M2 money supply growth has generally been on a downward trajectory since the 2000 peak, with some variation in the intervening years. The country's economy has shown signs of stability, which could be attributed to macroeconomic policies aimed at reducing inflation and maintaining financial stability. However, a decline in domestic demand or an increase in interest rates could alter the trajectory of Serbia's M2 money supply growth, potentially leading to a decrease in the growth rate.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 7.98% | - | - |
| 2026* trend | 8.96% | - | - |
| 2025* trend | 9.94% | - | - |
| 2025 | 9.94% | −3.57pp | #47 |
| 2024 | 13.52% | +0.86pp | #72 |
| 2023 | 12.66% | +5.80pp | #93 |
| 2022 | 6.86% | −6.43pp | #55 |
| 2021 | 13.29% | −4.81pp | #88 |
| 2020 | 18.11% | +9.75pp | #109 |
| 2019 | 8.35% | −6.17pp | #78 |
| 2018 | 14.52% | +10.95pp | #131 |
| 2017 | 3.57% | −7.99pp | #37 |
| 2016 | 11.55% | +4.99pp | #107 |
| 2015 | 6.56% | −1.08pp | #59 |
| 2014 | 7.65% | +3.08pp | #60 |
| 2013 | 4.57% | −4.85pp | #31 |
| 2012 | 9.42% | −0.84pp | #70 |
| 2011 | 10.26% | −2.61pp | #71 |
Detected Pattern
Analysis
Serbia matched the Stagflation Risk pattern in 2011. Historically, 38% of countries showing this pattern (117 out of 307) saw m2 money supply growth improve within 24 months. View full analysis →
Frequently Asked Questions
Serbia's m2 money supply growth was 9.94% in 2025. Ranked 47th globally. This represents a 26.4% decrease from the previous year.
Serbia's m2 money supply growth peaked at 160.81% in 2000.
The lowest m2 money supply growth in Serbia was 3.57% in 2017.
Serbia ranks 47th globally in m2 money supply growth as of 2025.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
Serbia's m2 money supply growth is projected to reach 9.94% by 2025 based on trend extrapolation.
The m2 money supply growth of Serbia in 2025 was 9.94%. This ranks 47th in the world.
Cite this page
@misc{historysaid_serbia_m2-growth,
title = {Serbia M2 Money Supply Growth},
url = {https://historysaid.com/serbia/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}