Mexico M2 Growth
1986 - 2024 | Monthly | % | CEIC Data
Key information about Mexico M2 Growth
- Mexico Money Supply M2 increased 11.7 % YoY in Mar 2024, compared with a growth of 12.5 % in the previous month
- Mexico Money Supply M2 growth data is updated monthly, available from Dec 1986 to Mar 2024
- The data reached an all-time high of 162.5 % in Sep 1987 and a record low of 1.3 % in Apr 2010
CEIC calculates M2 Growth Rate from monthly M2. The Bank of Mexico provides M2 in local currency. M2 Growth Rate prior to December 2001 is based on 1999 Methodology.
Further information about Mexico M2 Growth
- In the latest reports, Mexico Foreign Exchange Reserves was measured at 191.9 USD bn in Feb 2024
- The Foreign Exchange Reserves equaled 3.7 Months of Import in Feb 2024
- Mexico Domestic Credit reached 807.1 USD bn in Feb 2024, representing an increased of 12.5 % YoY
- The country's Non Performing Loans Ratio stood at 1.9 % in Mar 2024, compared with the ratio of 2.0 % in the previous quarter
- Household Debt of Mexico reached 305.9 USD bn in Dec 2023, accounting for 16.3 % of the country's Nominal GDP
View Mexico's M2 Growth from Dec 1986 to Mar 2024 in the chart:
What was Mexico's M2 Growth in Mar 2024?
Mexico Money Supply M2 increased 11.7 % YoY in Mar 2024, compared with a growth of 12.5 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 11.7 Mar 2024 | 12.5 Feb 2024 | 1.3 Apr 2010 | 162.5 Sep 1987 | % | monthly | Dec 1986 - Mar 2024 |
M2 Growth by Country Comparison
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Includes M2 Growth on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.9 Mar 2024 | monthly | Dec 1994 - Mar 2024 |
| Algeria (%) | 14.5 Dec 2022 | monthly | Jan 2002 - Dec 2022 |
| Argentina (%) | 200.6 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Armenia (%) | 20.8 Nov 2023 | monthly | Jan 2003 - Nov 2023 |
| Australia (%) | 4.8 Mar 2024 | monthly | Mar 1966 - Mar 2024 |
| Austria (%) | 0.3 Mar 2024 | monthly | Sep 1998 - Mar 2024 |
| Azerbaijan (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
| Bahrain (%) | -0.5 Feb 2024 | monthly | Dec 1975 - Feb 2024 |
| Bangladesh (%) | 8.9 Feb 2024 | monthly | Jun 1987 - Feb 2024 |
| Belarus (%) | 31.8 Mar 2024 | monthly | Dec 1990 - Mar 2024 |
| Belgium (%) | -1.7 Mar 2024 | monthly | Dec 1997 - Mar 2024 |
| Bolivia (%) | 14.6 Feb 2024 | monthly | Dec 1988 - Feb 2024 |
| Bosnia and Herzegovina (%) | 9.3 Mar 2024 | monthly | Aug 1998 - Mar 2024 |
| Botswana (%) | 9.2 Dec 2023 | monthly | Jan 2002 - Dec 2023 |
| Brazil (%) | 14.6 Mar 2024 | monthly | Jan 1971 - Mar 2024 |
| Bulgaria (%) | 8.0 Mar 2024 | monthly | Dec 1996 - Mar 2024 |
| Cambodia (%) | 14.9 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
| Canada (%) | 3.8 Feb 2024 | monthly | Jan 1969 - Feb 2024 |
| Chile (%) | 5.8 Apr 2024 | monthly | Jan 1987 - Apr 2024 |
| China (%) | 8.3 Mar 2024 | monthly | Mar 1997 - Mar 2024 |
| Colombia (%) | 6.9 Mar 2024 | monthly | Dec 1980 - Mar 2024 |
| Croatia (%) | 4.9 Mar 2024 | monthly | Jun 1995 - Mar 2024 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 7.7 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
| Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
| Ecuador (%) | 6.3 Feb 2024 | monthly | Dec 2007 - Feb 2024 |
| Egypt (%) | 25.4 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Estonia (%) | 4.9 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| European Union (%) | -0.7 Feb 2024 | monthly | Jan 1981 - Feb 2024 |
| Finland (%) | -16.2 Mar 2024 | monthly | Jan 1981 - Mar 2024 |
| France (%) | -1.3 Mar 2024 | monthly | Dec 1978 - Mar 2024 |
| Georgia (%) | 28.4 Mar 2024 | monthly | Oct 1996 - Mar 2024 |
| Germany (%) | 0.3 Mar 2024 | monthly | Jan 1970 - Mar 2024 |
| Ghana (%) | 37.2 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Greece (%) | 0.9 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Hong Kong SAR, China (%) | 3.4 Mar 2024 | monthly | Dec 1981 - Mar 2024 |
| Hungary (%) | 3.8 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Iceland (%) | 10.6 Mar 2024 | monthly | Sep 1987 - Mar 2024 |
| India (%) | 6.5 Feb 2024 | monthly | Mar 1995 - Feb 2024 |
| Indonesia (%) | 5.3 Feb 2024 | monthly | Feb 1969 - Feb 2024 |
| Iran (%) | 27.5 Feb 2024 | monthly | Dec 2000 - Feb 2024 |
| Ireland (%) | 4.0 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Israel (%) | -5.8 Nov 2023 | monthly | Apr 1982 - Nov 2023 |
| Italy (%) | -2.2 Jan 2024 | monthly | Dec 1975 - Jan 2024 |
| Ivory Coast (%) | 3.3 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Japan (%) | 2.5 Mar 2024 | monthly | Jan 1968 - Mar 2024 |
| Jordan (%) | 3.6 Mar 2024 | monthly | Jan 1991 - Mar 2024 |
| Kazakhstan (%) | 15.7 Mar 2024 | monthly | Dec 1994 - Mar 2024 |
| Kenya (%) | 9.0 Feb 2024 | monthly | Dec 1996 - Feb 2024 |
| South Korea (%) | 4.4 Feb 2024 | monthly | Jan 1971 - Feb 2024 |
| Kosovo (%) | 11.7 2022 | yearly | 2002 - 2022 |
| Kuwait (%) | 1.2 Mar 2024 | monthly | Jan 1995 - Mar 2024 |
| Kyrgyzstan (%) | 17.0 Jan 2024 | monthly | Jan 1995 - Jan 2024 |
| Laos (%) | 33.3 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Latvia (%) | 3.2 Mar 2024 | monthly | Jan 2015 - Mar 2024 |
| Lebanon (%) | -5.5 Nov 2023 | monthly | Dec 1980 - Nov 2023 |
| Lithuania (%) | 3.3 Mar 2024 | monthly | Dec 1994 - Mar 2024 |
| Luxembourg (%) | -3.5 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Macau SAR, China (%) | 2.6 Mar 2024 | monthly | Jun 1985 - Mar 2024 |
| North Macedonia (%) | 6.1 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Malawi (%) | 36.0 Jun 2023 | monthly | Jan 1976 - Jun 2023 |
| Malaysia (%) | 6.1 Mar 2024 | monthly | Dec 1970 - Mar 2024 |
| Malta (%) | 3.9 Mar 2024 | monthly | Jan 2009 - Mar 2024 |
| Mauritius (%) | 6.6 Feb 2024 | monthly | Jul 1977 - Feb 2024 |
| Mexico (%) | 11.7 Mar 2024 | monthly | Dec 1986 - Mar 2024 |
| Moldova (%) | 17.2 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Mongolia (%) | 20.9 Mar 2024 | monthly | Dec 1997 - Mar 2024 |
| Montenegro (%) | 22.9 2022 | yearly | 2003 - 2022 |
| Morocco (%) | 7.0 Mar 2024 | monthly | Jan 1986 - Mar 2024 |
| Mozambique (%) | 5.9 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
| Myanmar (%) | 10.9 Jun 2023 | quarterly | Dec 2002 - Jun 2023 |
| Nepal (%) | 14.0 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Netherlands (%) | -1.5 Mar 2024 | monthly | Dec 1957 - Mar 2024 |
| New Zealand (%) | 4.0 Mar 2024 | monthly | Mar 1989 - Mar 2024 |
| Nigeria (%) | 70.4 Mar 2024 | monthly | Nov 1993 - Mar 2024 |
| Norway (%) | -1.3 Mar 2024 | monthly | Dec 1993 - Mar 2024 |
| Oman (%) | 15.8 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Pakistan (%) | 15.3 Feb 2024 | monthly | Jan 1989 - Feb 2024 |
| Palestinian Territory (%) | 5.5 Mar 2024 | monthly | Jul 2003 - Mar 2024 |
| Panama (%) | 3.9 Dec 2023 | monthly | Dec 2003 - Dec 2023 |
| Paraguay (%) | 13.3 Mar 2024 | monthly | Dec 1989 - Mar 2024 |
| Peru (%) | 5.2 Mar 2024 | monthly | Jan 1993 - Mar 2024 |
| Philippines (%) | 6.5 Jan 2024 | monthly | Dec 1989 - Jan 2024 |
| Poland (%) | 6.9 Mar 2024 | monthly | Dec 1997 - Mar 2024 |
| Portugal (%) | 4.2 Mar 2024 | monthly | Dec 1980 - Mar 2024 |
| Qatar (%) | 5.4 Mar 2024 | monthly | Jan 1983 - Mar 2024 |
| Romania (%) | 10.8 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
| Russia (%) | 17.4 Mar 2024 | monthly | Dec 1992 - Mar 2024 |
| Saudi Arabia (%) | 9.6 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| Serbia (%) | 17.0 Mar 2024 | monthly | Aug 2002 - Mar 2024 |
| Singapore (%) | 2.6 Mar 2024 | monthly | Mar 2005 - Mar 2024 |
| Slovakia (%) | 3.7 Feb 2024 | monthly | Dec 2001 - Feb 2024 |
| Slovenia (%) | 4.3 Feb 2024 | monthly | Jan 2008 - Feb 2024 |
| South Africa (%) | 7.1 Mar 2024 | monthly | Mar 1966 - Mar 2024 |
| Spain (%) | 2.0 Mar 2024 | monthly | Jan 1963 - Mar 2024 |
| Sri Lanka (%) | 9.6 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Sudan (%) | 43.9 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
| Sweden (%) | -0.1 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Switzerland (%) | -10.4 Jun 2023 | monthly | Dec 1985 - Jun 2023 |
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Includes 258 key indicators for Mexico, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.3 Dec 2023 | quarterly | Dec 1980 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -2,219.466 Mar 2024 | monthly | Jan 1977 - Mar 2024 |
| Tax Revenue (USD mn) | 24,251.901 Mar 2024 | monthly | Jan 1977 - Mar 2024 |
| Tax Revenue: % of GDP (%) | 14.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| National Government Debt (USD mn) | 960,382.1 Mar 2024 | monthly | Dec 2005 - Mar 2024 |
| Government Debt: % of GDP (%) | 49.7 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Forecast: Government Expenditure (MXN bn) | 11,903.502 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (MXN bn) | 25,486.183 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (MXN bn) | 10,691.206 2029 | yearly | 1990 - 2029 |
| External Public Debt: Gross (USD mn) | 206,913.000 Feb 2019 | monthly | Jan 1990 - Feb 2019 |
| Domestic Public Debt: Gross Debt (MXN mn) | 7,093,613.000 Feb 2019 | monthly | Dec 2005 - Feb 2019 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -805.9 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Current Account Balance (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Current Account Balance: % of GDP (%) | 2.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Direct Investment (USD mn) | -1,169.4 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | -0.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | 2,288.281 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 0.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -1,359.1 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 3,647.404 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| External Debt (USD mn) | 447,827.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| External Debt: % of GDP (%) | 33.3 2023 | yearly | 2002 - 2023 |
| External Debt: Short Term (USD mn) | 60,566.1 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| External Debt: Short Term: % of GDP (%) | 3.4 2023 | yearly | 2002 - 2023 |
| Total Debt: % of GDP (%) | 104.1 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Forecast: Current Account Balance (USD bn) | -23.672 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -725,047.750 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Domestic Public Debt: Short Term (MXN mn) | 786,249.100 Mar 2024 | monthly | Dec 2005 - Mar 2024 |
| Domestic Public Debt: Long Term (MXN mn) | 11,438,970.800 Mar 2024 | monthly | Dec 2005 - Mar 2024 |
| BoP: Current Account (CA) (USD mn) | 11,661.649 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: Capital Account (USD mn) | -11.859 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: Capital Account: Credit (USD mn) | 48.721 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: Capital Account: Debit (USD mn) | 60.581 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: FA: Portfolio Investment (PI) (USD mn) | 1,153.864 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: Financial Account (FA) (USD mn) | 10,036.056 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: FA: Direct Investment (DI) (USD mn) | 363.516 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: FA: Financial Derivatives (USD mn) | 2,291.179 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: FA: Reserve Assets (USD mn) | 532.481 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: FA: Other Investment (USD mn) | 5,695.016 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| BoP: Errors and Omissions (USD mn) | -1,613.733 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Gross External Debt: OS: NF: Public Corp (USD mn) | 94,691.200 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| Gross External Debt: OS: NF: Private (USD mn) | 119,088.500 Dec 2018 | quarterly | Mar 2002 - Dec 2018 |
| FDI: Manufacturing (USD th) | -542,563.854 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| FDI: Commerce (USD th) | 278,561.449 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| FDI: Transport & Storage (USD th) | 547,466.951 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| FDI: Financial & Insurance Services (USD th) | -578,824.016 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| FDI: Financial and Insurance Svcs (USD th) | 2,495,000.000 2018 | yearly | 1999 - 2018 |
| Foreign Direct Investment: Germany (USD th) | 2,604,400.000 2018 | yearly | 1999 - 2018 |
| FDI: Canada (USD th) | 955,116.452 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| FDI: Germany (USD th) | -554,244.103 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| FDI: Japan (USD th) | -7,385.122 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| FDI: Spain (USD th) | -121,184.408 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| FDI: United States (USD th) | 533,393.440 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.9 Mar 2024 | quarterly | Dec 1994 - Mar 2024 |
| Household Debt: % of GDP (%) | 16.3 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Non-Performing Loans (USD mn) | 7,992.751 Mar 2024 | monthly | Jan 1997 - Mar 2024 |
| Money Supply M1 (USD mn) | 447,588.248 Mar 2024 | monthly | Dec 1985 - Mar 2024 |
| Money Supply M2 (USD mn) | 707,141.239 May 2023 | monthly | Dec 1985 - May 2023 |
| M2 Growth (%) | 11.7 Mar 2024 | monthly | Dec 1986 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 191,448.9 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 10.408 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.9 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Gold Reserves (USD mn) | 8,486.694 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Total Deposits (USD mn) | 514,594.985 Mar 2024 | monthly | Jan 1998 - Mar 2024 |
| Total Deposits Growth (%) | 10.9 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Domestic Credit (USD mn) | 807,060.6 Feb 2024 | monthly | Dec 2001 - Feb 2024 |
| Domestic Credit Growth (%) | 12.5 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 5.200 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Credit to Households (USD bn) | 290.520 Sep 2023 | quarterly | Dec 1994 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 666.253 Sep 2023 | quarterly | Dec 1980 - Sep 2023 |
| Household Debt (USD mn) | 305,880.2 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Total Loans (USD mn) | 486,260.728 Mar 2024 | monthly | Dec 2000 - Mar 2024 |
| Total Loans Growth (%) | 9.18 Mar 2024 | monthly | Dec 2001 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 19.62 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| ORA: Gold incl Gold on Loans (USD mn) | 5,083.121 Feb 2019 | monthly | Jan 2000 - Feb 2019 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.3 Apr 2024 | monthly | Jan 2005 - Apr 2024 |
| PMI: sa (Point) | 51.758 Mar 2019 | monthly | Jan 2004 - Mar 2019 |
| Composite Coincident Index: sa (2013=100) | 113.000 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
| Composite Leading Index: sa (2013=100) | 104.600 Jan 2019 | monthly | Jan 1980 - Jan 2019 |
| Composite Coincident Index: sa: 2018=100 (2018=100) | 101.000 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Composite Leading Index: sa: 2018=100 (2018=100) | 109.000 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
More Indicators for Mexico
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