Australia M2 Growth

Key information about Australia M2 Growth

• Australia Money Supply M2 increased 5.8 % YoY in Nov 2024, compared with a growth of 6.4 % in the previous month
• Australia Money Supply M2 growth data is updated monthly, available from Mar 1966 to Nov 2024
• The data reached an all-time high of 30.5 % in Feb 1977 and a record low of 1.8 % in Jun 2018

CEIC calculates M3 Growth Rate from monthly M3. The Reserve Bank of Australia provides M3 in local currency. Money Supply M3 covers M1, all deposits at banks and certificates of deposits from the private non-Authorised Deposit-taking Institutions sector, and deposits with non-bank Authorised Deposit-taking Institutions.


Further information about Australia M2 Growth

• In the latest reports, Australia Foreign Exchange Reserves was measured at 39.3 USD bn in Nov 2024
• The Foreign Exchange Reserves equaled 1.5 Months of Import in May 2023
• Australia Domestic Credit reached 3,928.5 USD bn in Sep 2024, representing an drop of 1.1 % YoY
• The country's Non Performing Loans Ratio stood at 1.1 % in Sep 2024, compared with the ratio of 1.1 % in the previous quarter
• Household Debt of Australia reached 2,206.9 USD bn in Sep 2024, accounting for 116.6 % of the country's Nominal GDP

View Australia's M2 Growth from Mar 1966 to Nov 2024 in the chart:

What was Australia's M2 Growth in Nov 2024?

Australia Money Supply M2 increased 5.8 % YoY in Nov 2024, compared with a growth of 6.4 % in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
5.8 Nov 2024	6.4 Oct 2024	1.8 Jun 2018	30.5 Feb 1977	%	monthly	Mar 1966 - Nov 2024

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