United States M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
United States's m2 money supply growth was -3.54% in 2025, ranked 124th globally. This represents a 165.6% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
United States's m2 money supply growth stood at -3.54% in 2025, a decline of +8.92pp from 2024. Based on recent trends, this figure is projected to reach -3.54% by 2025. United States ranked 124th globally.
The United States’ M2 money‑supply growth has fallen to –3.54 % in 2025, the lowest rate among the 124 economies tracked by the World Bank and a sharp reversal from the 17.20 % surge recorded in 2020, the all‑time peak over the 65‑year series that began in 1961. The negative growth figure places the United States alongside Mozambique (–3.52 %) and the Maldives (–3.65 %) as the closest peers in the latest ranking, highlighting an unusually contractionary monetary environment for a major advanced economy. The 2020 peak coincided with expansive fiscal stimulus and pandemic‑related liquidity injections, while the 2025 trough reflects tighter monetary policy, higher real interest rates and a slowdown in credit expansion. If inflation pressures ease and the Federal Reserve moderates rate hikes, the M2 growth trajectory could stabilize, but renewed fiscal stimulus or a sharp economic shock would likely alter the downward path.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -11.28% | - | - |
| 2026* trend | -7.41% | - | - |
| 2025* trend | -3.54% | - | - |
| 2025 | -3.54% | −8.92pp | #124 |
| 2024 | 5.39% | +3.61pp | #27 |
| 2023 | 1.78% | +2.62pp | #20 |
| 2022 | -0.84% | −17.70pp | #7 |
| 2021 | 16.86% | −0.34pp | #112 |
| 2020 | 17.20% | +8.81pp | #100 |
| 2019 | 8.39% | +4.36pp | #79 |
| 2018 | 4.03% | −0.77pp | #39 |
| 2017 | 4.80% | +0.95pp | #50 |
| 2016 | 3.85% | +0.71pp | #36 |
| 2015 | 3.14% | −2.04pp | #31 |
| 2014 | 5.18% | +0.68pp | #35 |
| 2013 | 4.50% | −0.40pp | #29 |
| 2012 | 4.90% | −1.78pp | #37 |
| 2011 | 6.68% | +9.44pp | #49 |
Analysis
United States's m2 money supply growth was -3.54% in 2025, a decline of −8.92pp from 2024. Based on trends, estimated -3.54% by 2025.
Frequently Asked Questions
United States's m2 money supply growth was -3.54% in 2025. Ranked 124th globally. This represents a 165.6% decrease from the previous year.
United States's m2 money supply growth peaked at 17.20% in 2020.
The lowest m2 money supply growth in United States was -3.54% in 2025.
United States ranks 124th globally in m2 money supply growth as of 2025.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
United States's m2 money supply growth is projected to reach -3.54% by 2025 based on trend extrapolation.
The m2 money supply growth of United States in 2025 was -3.54%. This ranks 124th in the world.
Cite this page
@misc{historysaid_united-states_m2-growth,
title = {United States M2 Money Supply Growth},
url = {https://historysaid.com/united-states/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}