Singapore M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Singapore's m2 money supply growth was 13.19% in 2020, ranked 72nd globally. This represents a 166.4% increase from 2019. Data from World Bank, covering 1964–2020.
Overview
Singapore's m2 money supply growth stood at 13.19% in 2020, a rise of +8.24pp from 2019. Singapore ranked 72nd globally.
Singapore's M2 Money Supply Growth has exhibited significant fluctuations over the 57-year period from 1964 to 2020. The all-time peak of 30.25% in 1998 reflects the country's rapid economic expansion during the Asian financial crisis, as monetary policies were implemented to stimulate growth. Conversely, the all-time trough of -2.05% in 2000 highlights the economic downturn following the crisis. As of 2020, Singapore's M2 Money Supply Growth stood at 13.19%, ranking 72 globally. Comparatively, Bangladesh recorded a growth rate of 13.08% in 2020, closely mirroring Singapore's figure. The country's M2 Money Supply Growth has been steadily increasing since the trough, indicating a recovery trend. However, a significant shift in the country's monetary policy or changes in global economic conditions could alter the trajectory of this trend, potentially influencing Singapore's economic growth and inflation rates.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2020 | 13.19% | +8.24pp | #72 |
| 2019 | 4.95% | +1.05pp | #45 |
| 2018 | 3.90% | +0.70pp | #37 |
| 2017 | 3.20% | −4.85pp | #34 |
| 2016 | 8.04% | +6.52pp | #73 |
| 2015 | 1.52% | −1.81pp | #21 |
| 2014 | 3.33% | −0.98pp | #20 |
| 2013 | 4.32% | −2.91pp | #28 |
| 2012 | 7.23% | −2.76pp | #53 |
| 2011 | 9.99% | +1.40pp | #68 |
| 2010 | 8.59% | −2.75pp | #51 |
| 2009 | 11.34% | −0.71pp | #82 |
| 2008 | 12.05% | −1.36pp | #62 |
| 2007 | 13.41% | −5.96pp | #55 |
| 2006 | 19.37% | +13.18pp | #87 |
Detected Pattern
Analysis
Singapore matched the Export Boom Cycle pattern in 2021. 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
Singapore's m2 money supply growth was 13.19% in 2020. Ranked 72nd globally. This represents a 166.4% increase from the previous year.
Singapore's m2 money supply growth peaked at 30.25% in 1998.
The lowest m2 money supply growth in Singapore was -2.05% in 2000.
Singapore ranks 72nd 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 Singapore in 2020 was 13.19%. This ranks 72nd in the world.
Cite this page
@misc{historysaid_singapore_m2-growth,
title = {Singapore M2 Money Supply Growth},
url = {https://historysaid.com/singapore/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}