Belgium M2 Growth
Key information about Belgium M2 Growth
- Belgium Money Supply M2 increased 6.9 % YoY in Dec 2024, compared with a growth of 6.0 % in the previous month
- Belgium Money Supply M2 growth data is updated monthly, available from Dec 1997 to Dec 2024
- The data reached an all-time high of 15.5 % in Feb 1999 and a record low of -5.7 % in Sep 2023
CEIC calculates M2 Growth Rate from monthly M2. M2 is calculated as the sum of M1, Deposits with Agreed Maturity Up to 2 Years and Deposits Redeemable at Notice. The National Bank of Belgium provides M1, Deposits with Agreed Maturity Up to 2 Years and Deposits Redeemable at Notice in EUR. Belgium is part of the Euro Area and the reported figure corresponds to its contribution to the Euro money supply. M2 excludes currency in circulation.
Further information about Belgium M2 Growth
- In the latest reports, Belgium Foreign Exchange Reserves was measured at 5.3 USD bn in Nov 2024
- The Foreign Exchange Reserves equaled 0.1 Months of Import in Nov 2024
- Belgium Domestic Credit reached 815.2 USD bn in Oct 2024, representing an increased of 0.0 % YoY
- The country's Non Performing Loans Ratio stood at 0.6 % in Mar 2024, compared with the ratio of 0.6 % in the previous quarter
- Household Debt of Belgium reached 365.5 USD bn in Dec 2022, accounting for 59.0 % of the country's Nominal GDP
View Belgium's M2 Growth from Dec 1997 to Dec 2024 in the chart:
What was Belgium's M2 Growth in Dec 2024?
Belgium Money Supply M2 increased 6.9 % YoY in Dec 2024, compared with a growth of 6.0 % in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
6.9 Dec 2024 | 6.0 Nov 2024 | -5.7 Sep 2023 | 15.5 Feb 1999 | % | monthly | Dec 1997 - Dec 2024 |
M2 Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 5.8 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
Algeria (%) | 4.0 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
Argentina (%) | 114.5 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
Armenia (%) | 16.9 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Australia (%) | 5.5 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
Austria (%) | 2.9 Dec 2024 | monthly | Sep 1998 - Dec 2024 |
Azerbaijan (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
Bahrain (%) | 2.2 Nov 2024 | monthly | Dec 1975 - Nov 2024 |
Bangladesh (%) | 7.6 Dec 2024 | monthly | Jun 1987 - Dec 2024 |
Belarus (%) | 28.6 Dec 2024 | monthly | Dec 1990 - Dec 2024 |
Belgium (%) | 6.9 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
Bolivia (%) | 15.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
Bosnia and Herzegovina (%) | 9.3 Dec 2024 | monthly | Aug 1998 - Dec 2024 |
Botswana (%) | 7.7 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Brazil (%) | 11.6 Dec 2024 | monthly | Jan 1971 - Dec 2024 |
Bulgaria (%) | 8.6 Jan 2025 | monthly | Dec 1996 - Jan 2025 |
Cambodia (%) | 17.5 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Canada (%) | 5.8 Nov 2024 | monthly | Jan 1969 - Nov 2024 |
Chile (%) | 5.1 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
China (%) | 7.0 Jan 2025 | monthly | Mar 1997 - Jan 2025 |
Colombia (%) | 8.6 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
Croatia (%) | 4.2 Dec 2024 | monthly | Jun 1995 - Dec 2024 |
Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
Czech Republic (%) | 7.7 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
Ecuador (%) | 10.1 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
Egypt (%) | 31.1 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
Estonia (%) | 7.4 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
European Union (%) | 3.1 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
Finland (%) | -0.8 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
France (%) | 0.4 Dec 2024 | monthly | Dec 1978 - Dec 2024 |
Georgia (%) | 10.0 Jan 2025 | monthly | Oct 1996 - Jan 2025 |
Germany (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Ghana (%) | 44.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Greece (%) | 2.5 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Hong Kong SAR, China (%) | 7.3 Dec 2024 | monthly | Dec 1981 - Dec 2024 |
Hungary (%) | 7.7 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Iceland (%) | 15.1 Jan 2025 | monthly | Sep 1987 - Jan 2025 |
India (%) | 7.9 Nov 2024 | monthly | Mar 1995 - Nov 2024 |
Indonesia (%) | 4.4 Dec 2024 | monthly | Feb 1969 - Dec 2024 |
Iran (%) | 26.8 Jun 2024 | monthly | Dec 2000 - Jun 2024 |
Ireland (%) | 7.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Israel (%) | 6.6 Dec 2024 | monthly | Apr 1982 - Dec 2024 |
Italy (%) | 1.3 Dec 2024 | monthly | Dec 1975 - Dec 2024 |
Ivory Coast (%) | 4.6 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
Japan (%) | 1.3 Jan 2025 | monthly | Jan 1968 - Jan 2025 |
Jordan (%) | 6.1 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
Kazakhstan (%) | 19.7 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
Kenya (%) | 7.1 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
South Korea (%) | 6.7 Dec 2024 | monthly | Jan 1971 - Dec 2024 |
Kosovo (%) | 11.3 2023 | yearly | 2002 - 2023 |
Kuwait (%) | 4.3 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Kyrgyzstan (%) | 31.5 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Laos (%) | 23.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Latvia (%) | 6.7 Dec 2024 | monthly | Jan 2015 - Dec 2024 |
Lebanon (%) | 7.4 Nov 2024 | monthly | Dec 1980 - Nov 2024 |
Lithuania (%) | 11.8 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
Luxembourg (%) | 7.1 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Macau SAR, China (%) | 8.0 Dec 2024 | monthly | Jun 1985 - Dec 2024 |
North Macedonia (%) | 7.0 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
Malawi (%) | 36.0 Jun 2023 | monthly | Jan 1976 - Jun 2023 |
Malaysia (%) | 3.7 Dec 2024 | monthly | Dec 1970 - Dec 2024 |
Malta (%) | 5.6 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
Mauritius (%) | 13.1 Dec 2024 | monthly | Jul 1977 - Dec 2024 |
Mexico (%) | 14.3 Dec 2024 | monthly | Dec 1986 - Dec 2024 |
Moldova (%) | 14.6 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Mongolia (%) | 15.2 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
Montenegro (%) | 12.0 2023 | yearly | 2003 - 2023 |
Morocco (%) | 8.1 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
Mozambique (%) | 14.9 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Myanmar (%) | 15.9 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
Nepal (%) | 10.2 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
Netherlands (%) | 1.5 Dec 2024 | monthly | Dec 1957 - Dec 2024 |
New Zealand (%) | 4.1 Dec 2024 | monthly | Mar 1989 - Dec 2024 |
Nigeria (%) | 18.3 Jan 2025 | monthly | Nov 1993 - Jan 2025 |
Norway (%) | 3.4 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
Oman (%) | 11.0 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Pakistan (%) | 8.0 Dec 2024 | monthly | Jan 1989 - Dec 2024 |
Palestinian Territory (%) | 7.1 Dec 2024 | monthly | Jul 2003 - Dec 2024 |
Panama (%) | 8.4 Nov 2024 | monthly | Dec 2003 - Nov 2024 |
Paraguay (%) | 12.0 Dec 2024 | monthly | Dec 1989 - Dec 2024 |
Peru (%) | 11.6 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
Philippines (%) | 8.2 Dec 2024 | monthly | Dec 1989 - Dec 2024 |
Poland (%) | 8.5 Nov 2024 | monthly | Dec 1997 - Nov 2024 |
Portugal (%) | 6.7 Dec 2024 | monthly | Dec 1980 - Dec 2024 |
Qatar (%) | -0.6 Dec 2024 | monthly | Jan 1983 - Dec 2024 |
Romania (%) | 10.1 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
Russia (%) | 19.2 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
Saudi Arabia (%) | 9.7 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Serbia (%) | 17.7 Dec 2024 | monthly | Aug 2002 - Dec 2024 |
Singapore (%) | 6.7 Dec 2024 | monthly | Mar 2005 - Dec 2024 |
Slovakia (%) | 5.4 Dec 2024 | monthly | Dec 2001 - Dec 2024 |
Slovenia (%) | 1.3 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
South Africa (%) | 6.1 Dec 2024 | monthly | Mar 1966 - Dec 2024 |
Spain (%) | 4.9 Dec 2024 | monthly | Jan 1963 - Dec 2024 |
Sri Lanka (%) | 10.2 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Sudan (%) | 43.9 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
Sweden (%) | 1.1 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Switzerland (%) | -10.4 Jun 2023 | monthly | Dec 1985 - Jun 2023 |
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Learn more about what we doBelgium Key Series
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.896 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | 583.0 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Total Exports (USD mn) | 42,082.0 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Total Exports Growth (%) | -9.7 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Aluminum: Exports (USD th) | 1,886,870.449 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 30,923,437.457 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 30,898,012.136 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 41,499.0 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Total Imports Growth (%) | -8.4 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Imports: Medicament (USD th) | 26,933,716.202 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 28,084,086.815 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 2,918.662 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Total Imports from USA (USD mn) | 1,702.638 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Total Exports to China (USD mn) | 540.299 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Total Imports from China (USD mn) | 972.411 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Imports: National Concept (EUR mn) | 27,772.700 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Trade Balance: National Concept (EUR mn) | 679.300 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Exports: National Concept (EUR mn) | 28,452.000 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Exports: NC: HS: Metals (EUR mn) | 2,436.179 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Exports: NC: HS: Textiles (EUR mn) | 542.961 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Exports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 2,523.192 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Exports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 3,217.304 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Exports: NC: HS: Plastics & Rubber (EUR mn) | 2,021.334 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Exports: NC: HS: Chemical Products (EUR mn) | 8,903.787 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Exports: National Concept: European Union: Netherlands (EUR mn) | 3,541.961 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Exports: National Concept: America: USA (EUR mn) | 1,886.675 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Exports: National Concept: European Union: Germany (EUR mn) | 4,541.680 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Exports: National Concept: European Union: France (EUR mn) | 3,467.546 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Imports: NC: HS: Metals (EUR mn) | 1,898.015 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Imports: NC: HS: Plastics & Rubber (EUR mn) | 1,204.763 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Imports: NC: HS: Machinery & Electrical Equipment (EUR mn) | 3,982.782 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Imports: NC: HS: Agriculture: Food, Beverages & Tobacco (FB) (EUR mn) | 1,595.583 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Imports: NC: HS: Chemical Products (EUR mn) | 5,924.299 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Imports: NC: HS: Textiles (EUR mn) | 632.556 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
Imports: National Concept: European Union: Germany (EUR mn) | 3,705.896 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Imports: National Concept: America: USA (EUR mn) | 1,603.086 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Imports: National Concept: European Union: Netherlands (EUR mn) | 6,671.531 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Imports: National Concept: European Union: France (EUR mn) | 3,247.899 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Import Value Index (2015=100) | 135.863 2021 | yearly | 1995 - 2021 |
Export Value Index (2015=100) | 137.406 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.6 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
Household Debt: % of GDP (%) | 59.0 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
Non-Performing Loans (USD mn) | 2,374.021 Apr 2024 | monthly | Jan 2007 - Apr 2024 |
Money Supply M1 (USD mn) | 262,294.341 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
Money Supply M2 (USD mn) | 693,206.472 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
M2 Growth (%) | 6.9 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
Reserve Requirement Ratio (%) | 1.0 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Foreign Exchange Reserves (USD mn) | 5,200.0 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Foreign Exchange Reserves: % of GDP (%) | 0.833 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 0.1 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
Gold Reserves (USD mn) | 19,100.000 Dec 2024 | monthly | Dec 1956 - Dec 2024 |
Total Deposits (USD mn) | 1,404,354.332 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
Total Deposits Growth (%) | 8.9 Dec 2024 | monthly | Dec 1997 - Dec 2024 |
Domestic Credit (USD mn) | 799,327.6 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
Domestic Credit Growth (%) | 0.7 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
Debt Service Ratio: Households (%) | 6.900 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Debt Service Ratio: Private Non-Financial Sector (%) | 18.100 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 371.169 Jun 2024 | quarterly | Dec 1980 - Jun 2024 |
Credit to Private Non-Financial Sector (USD bn) | 1,175.495 Jun 2024 | quarterly | Dec 1970 - Jun 2024 |
Household Debt (USD mn) | 365,548.5 Dec 2022 | quarterly | Dec 1992 - Dec 2022 |
Total Loans (USD mn) | 846,478.621 Dec 2023 | quarterly | Jun 2006 - Dec 2023 |
Total Loans Growth (%) | 0.92 Sep 2024 | quarterly | Jun 2007 - Sep 2024 |
Private Debt: % of Nominal GDP (%) | 66.73 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Monetary Agg in Euro Area: BC: M3 excl Currency in Circulation (EUR bn) | 715.700 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
Official Reserve Assets (EUR mn) | 39,883.000 Dec 2024 | monthly | Jan 2013 - Dec 2024 |
Official Reserve Assets: Monetary Gold (EUR mn) | 8,489.000 Feb 2019 | monthly | Jan 2013 - Feb 2019 |
Gross International Reserves (USD bn) | 41.600 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Gross International Reserves: Gold (USD bn) | 19.100 Dec 2024 | monthly | Dec 1990 - Dec 2024 |
Consumer Credit: Outstanding Amount (EUR mn) | 27,955.000 Jun 2023 | semiannually | Jun 1980 - Jun 2023 |
MFIs Loans: Outstanding Amounts (OA) (EUR mn) | 944,138.000 Nov 2024 | monthly | Sep 1997 - Nov 2024 |
Deposits: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 145,646.000 Dec 2024 | monthly | Dec 1998 - Dec 2024 |
Deposits: Households: Outstanding Amounts (EUR mn) | 438,937.000 Dec 2024 | monthly | Dec 1998 - Dec 2024 |
Deposits: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 44,315.000 Dec 2024 | monthly | Dec 1998 - Dec 2024 |
Credit Inst Loans: Households (HH): Outstanding Amounts (OA) (EUR mn) | 259,005.000 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Credit Inst Loans: Non Financial Corporations (NF): Outstanding Amounts (EUR mn) | 153,349.000 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Credit Inst Loans: Financial Intermediaries (FI): Outstanding Amounts (EUR mn) | 55,411.000 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Credit Institutions: Cons: Loans and Advances: excl Credit Institutions (EC) (EUR mn) | 774,828.000 Sep 2024 | quarterly | Jun 2006 - Sep 2024 |
Non Performing Loans: Individuals: Outstanding Overdue Credits (EUR th) | 2,222,034.270 Apr 2024 | monthly | Jan 2007 - Apr 2024 |
Mortgage Credits (EUR mn) | 2,885.000 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -2.1 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
Business Survey: Seasonally Adjusted (sa): Aggregate (% Point) | -11.100 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
Business Survey: sa: Construction: Carcasses: Appraisal: Order Book (% Point) | -12.200 Dec 2024 | monthly | Jan 1980 - Dec 2024 |
Business Survey: sa: Trade (% Point) | -9.700 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
Business Survey: sa: Construction: Carcasses: Trend: Activity (% Point) | -2.200 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
More Indicators for Belgium
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