Argentina M2 Growth

1991 - 2024 | Monthly | % | CEIC Data

Key information about Argentina M2 Growth

  • Argentina Money Supply M2 increased 114.5 % YoY in Dec 2024, compared with a growth of 222.6 % in the previous month
  • Argentina Money Supply M2 growth data is updated monthly, available from Jan 1991 to Dec 2024
  • The data reached an all-time high of 645.4 % in Jan 1991 and a record low of -25.1 % in Nov 2001

CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of Argentina provides M2 in local currency.


Further information about Argentina M2 Growth

  • In the latest reports, Argentina Foreign Exchange Reserves was measured at 24.3 USD bn in Dec 2024
  • The Foreign Exchange Reserves equaled 3.7 Months of Import in May 2023
  • Argentina Domestic Credit reached 188.7 USD bn in Nov 2024, representing an increased of 115.0 % YoY
  • The country's Non Performing Loans Ratio stood at 1.5 % in Nov 2024, compared with the ratio of 1.5 % in the previous month
  • Household Debt of Argentina reached 26.2 USD bn in Nov 2024, accounting for 4.5 % of the country's Nominal GDP

View Argentina's M2 Growth from Jan 1991 to Dec 2024 in the chart:

Argentina M2 Growth

What was Argentina's M2 Growth in Dec 2024?

Argentina Money Supply M2 increased 114.5 % YoY in Dec 2024, compared with a growth of 222.6 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
114.5 Dec 2024 222.6 Nov 2024 -25.1 Nov 2001 645.4 Jan 1991 % monthly Jan 1991 - Dec 2024

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 9.4 Jan 2025 monthly Dec 1994 - Jan 2025
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 (%) 5.3 Jan 2025 monthly Mar 1966 - Jan 2025
Austria (%) 2.9 Jan 2025 monthly Sep 1998 - Jan 2025
Azerbaijan (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Bahrain (%) 2.2 Nov 2024 monthly Dec 1975 - Nov 2024
Bangladesh (%) 8.0 Jan 2025 monthly Jun 1987 - Jan 2025
Belarus (%) 28.6 Dec 2024 monthly Dec 1990 - Dec 2024
Belgium (%) 5.9 Jan 2025 monthly Dec 1997 - Jan 2025
Bolivia (%) 15.3 Jun 2024 monthly Dec 1988 - Jun 2024
Bosnia and Herzegovina (%) 8.8 Jan 2025 monthly Aug 1998 - Jan 2025
Botswana (%) 7.8 Nov 2024 monthly Jan 2002 - Nov 2024
Brazil (%) 12.0 Jan 2025 monthly Jan 1971 - Jan 2025
Bulgaria (%) 8.6 Jan 2025 monthly Dec 1996 - Jan 2025
Cambodia (%) 17.9 Jan 2025 monthly Jan 1996 - Jan 2025
Canada (%) 6.1 Dec 2024 monthly Jan 1969 - Dec 2024
Chile (%) 4.7 Feb 2025 monthly Jan 1987 - Feb 2025
China (%) 7.0 Jan 2025 monthly Mar 1997 - Jan 2025
Colombia (%) 7.8 Jan 2025 monthly Dec 1980 - Jan 2025
Croatia (%) 6.5 Jan 2025 monthly Jun 1995 - Jan 2025
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 4.7 Jan 2025 monthly Jan 2003 - Jan 2025
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 10.1 Dec 2024 monthly Dec 2007 - Dec 2024
Egypt (%) 32.1 Jan 2025 monthly Jan 1997 - Jan 2025
Estonia (%) 6.7 Jan 2025 monthly Jan 2012 - Jan 2025
European Union (%) 3.3 Jan 2025 monthly Jan 1981 - Jan 2025
Finland (%) 0.4 Jan 2025 monthly Jan 1981 - Jan 2025
France (%) 1.4 Jan 2025 monthly Dec 1978 - Jan 2025
Georgia (%) 10.0 Jan 2025 monthly Oct 1996 - Jan 2025
Germany (%) 3.7 Jan 2025 monthly Jan 1970 - Jan 2025
Ghana (%) 33.6 Dec 2024 quarterly Mar 1991 - Dec 2024
Greece (%) 2.5 Oct 2024 monthly Jan 2002 - Oct 2024
Hong Kong SAR, China (%) 9.6 Jan 2025 monthly Dec 1981 - Jan 2025
Hungary (%) 7.6 Jan 2025 monthly Jan 1999 - Jan 2025
Iceland (%) 15.1 Jan 2025 monthly Sep 1987 - Jan 2025
India (%) 7.9 Nov 2024 monthly Mar 1995 - Nov 2024
Indonesia (%) 5.9 Jan 2025 monthly Feb 1969 - Jan 2025
Iran (%) 27.8 Feb 2025 monthly Dec 2000 - Feb 2025
Ireland (%) 3.7 Jan 2025 monthly Jan 2000 - Jan 2025
Israel (%) 6.6 Dec 2024 monthly Apr 1982 - Dec 2024
Italy (%) 2.3 Jan 2025 monthly Dec 1975 - Jan 2025
Ivory Coast (%) 4.6 Jul 2024 monthly Jan 2005 - Jul 2024
Japan (%) 1.1 Feb 2025 monthly Jan 1968 - Feb 2025
Jordan (%) 6.4 Jan 2025 monthly Jan 1991 - Jan 2025
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 (%) 4.6 Jan 2025 monthly Jan 1995 - Jan 2025
Kyrgyzstan (%) 31.0 Dec 2024 monthly Jan 1995 - Dec 2024
Laos (%) 23.3 Sep 2024 quarterly Dec 2000 - Sep 2024
Latvia (%) 4.7 Jan 2025 monthly Jan 2015 - Jan 2025
Lebanon (%) 7.4 Nov 2024 monthly Dec 1980 - Nov 2024
Lithuania (%) 11.2 Jan 2025 monthly Dec 1994 - Jan 2025
Luxembourg (%) 8.8 Jan 2025 monthly Jan 2000 - Jan 2025
Macau SAR, China (%) 6.4 Jan 2025 monthly Jun 1985 - Jan 2025
North Macedonia (%) 7.0 Jan 2025 monthly Jan 2004 - Jan 2025
Malawi (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Malaysia (%) 3.4 Jan 2025 monthly Dec 1970 - Jan 2025
Malta (%) 4.7 Jan 2025 monthly Jan 2009 - Jan 2025
Mauritius (%) 14.3 Jan 2025 monthly Jul 1977 - Jan 2025
Mexico (%) 12.1 Jan 2025 monthly Dec 1986 - Jan 2025
Moldova (%) 15.2 Jan 2025 monthly Jan 2001 - Jan 2025
Mongolia (%) 11.6 Jan 2025 monthly Dec 1997 - Jan 2025
Montenegro (%) 12.0 2023 yearly 2003 - 2023
Morocco (%) 7.9 Jan 2025 monthly Jan 1986 - Jan 2025
Mozambique (%) 16.2 Dec 2024 monthly Dec 2002 - Dec 2024
Myanmar (%) 15.9 Mar 2024 quarterly Dec 2002 - Mar 2024
Nepal (%) 10.1 Feb 2025 monthly Jan 2002 - Feb 2025
Netherlands (%) 2.6 Jan 2025 monthly Dec 1957 - Jan 2025
New Zealand (%) 4.6 Jan 2025 monthly Mar 1989 - Jan 2025
Nigeria (%) 18.3 Jan 2025 monthly Nov 1993 - Jan 2025
Norway (%) 5.1 Jan 2025 monthly Dec 1993 - Jan 2025
Oman (%) 8.1 Dec 2024 monthly Jan 2000 - Dec 2024
Pakistan (%) 13.7 Jan 2025 monthly Jan 1989 - Jan 2025
Palestinian Territory (%) 10.0 Jan 2025 monthly Jul 2003 - Jan 2025
Panama (%) 9.5 Dec 2024 monthly Dec 2003 - Dec 2024
Paraguay (%) 12.5 Jan 2025 monthly Dec 1989 - Jan 2025
Peru (%) 10.7 Jan 2025 monthly Jan 1993 - Jan 2025
Philippines (%) 7.2 Jan 2025 monthly Dec 1989 - Jan 2025
Poland (%) 9.5 Jan 2025 monthly Dec 1997 - Jan 2025
Portugal (%) 6.6 Jan 2025 monthly Dec 1980 - Jan 2025
Qatar (%) -0.7 Jan 2025 monthly Jan 1983 - Jan 2025
Romania (%) 10.1 Jan 2025 monthly Dec 2002 - Jan 2025
Russia (%) 19.2 Jan 2025 monthly Dec 1992 - Jan 2025
Saudi Arabia (%) 11.3 Jan 2025 monthly Jan 1994 - Jan 2025
Serbia (%) 16.9 Jan 2025 monthly Aug 2002 - Jan 2025
Singapore (%) 6.7 Jan 2025 monthly Mar 2005 - Jan 2025
Slovakia (%) 5.1 Jan 2025 monthly Dec 2001 - Jan 2025
Slovenia (%) 1.7 Jan 2025 monthly Jan 2008 - Jan 2025
South Africa (%) 6.7 Jan 2025 monthly Mar 1966 - Jan 2025
Spain (%) 5.2 Jan 2025 monthly Jan 1963 - Jan 2025
Sri Lanka (%) 11.1 Jan 2025 monthly Jan 1995 - Jan 2025
Sudan (%) 43.9 Feb 2023 monthly Dec 2004 - Feb 2023
Sweden (%) 2.3 Jan 2025 monthly Jan 1999 - Jan 2025
Switzerland (%) -10.4 Jun 2023 monthly Dec 1985 - Jun 2023

Argentina Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.2 Sep 2024 quarterly Dec 2004 - Sep 2024
Consolidated Fiscal Balance (USD mn) 575.618 Jan 2025 monthly Jan 1993 - Jan 2025
Tax Revenue (USD mn) 8,626.900 Feb 2025 monthly Jan 1997 - Feb 2025
Tax Revenue: % of GDP (%) 16.1 Sep 2024 quarterly Mar 2004 - Sep 2024
National Government Debt (USD mn) 460,068.8 Sep 2024 quarterly Dec 1994 - Sep 2024
Government Debt: % of GDP (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Forecast: Government Expenditure (ARS bn) 740,993.414 2029 yearly 1993 - 2029
Forecast: Government Net Debt (ARS bn) 1,158,144.357 2029 yearly 1992 - 2029
Forecast: Government Revenue (ARS bn) 770,888.979 2029 yearly 1993 - 2029
Government Revenue: Social Security (ARS mn) 3,393,966.504 Feb 2025 monthly Jan 1997 - Feb 2025
Government Revenue: Taxes: Net Vat (ARS mn) 4,755,088.234 Feb 2025 monthly Jan 1997 - Feb 2025
NFPS 2017: Current Revenue (ARS mn) 11,100,431.700 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Capital Expenditure (ARS mn) 169,668.300 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Current Expenditure (ARS mn) 10,331,070.300 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Total Revenue (ARS mn) 11,100,491.800 Jan 2025 monthly Jan 2015 - Jan 2025
NFPS 2017: Total Expenditure (ARS mn) 10,500,738.600 Jan 2025 monthly Jan 2015 - Jan 2025
Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) 599,753.200 Jan 2025 monthly Jan 2015 - Jan 2025
Government Revenue: Taxes (ARS mn) 187,540.45 Jul 2018 monthly Jan 1997 - Jul 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.933 2028 yearly 1980 - 2028
Trade Balance (USD mn) 725.8 Jan 2025 monthly Jan 1991 - Jan 2025
Total Exports (USD mn) 6,923.5 Jan 2025 monthly Jan 1991 - Jan 2025
Total Exports Growth (%) -27.2 Apr 2023 monthly Jan 1992 - Apr 2023
Aluminum: Exports (USD th) 5,640.661 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 594,758.636 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 148,045.917 2023 yearly 1995 - 2023
Total Imports (USD mn) 6,197.7 Jan 2025 monthly Jan 1991 - Jan 2025
Total Imports Growth (%) 25.4 Jan 2025 monthly Jan 1992 - Jan 2025
Imports: Medicament (USD th) 1,366,984.219 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 1,434,101.226 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 540.310 Jan 2025 monthly Dec 1995 - Jan 2025
Total Imports from USA (USD mn) 509.213 Jan 2025 monthly Dec 1995 - Jan 2025
Total Exports to China (USD mn) 278.257 Jan 2025 monthly Jan 2003 - Jan 2025
Total Imports from China (USD mn) 1,532.734 Jan 2025 monthly Apr 1983 - Jan 2025
Exports: fob: Industrial: Chemicals & Related Products (USD mn) 4,286.131 2023 yearly 1989 - 2023
Exports: fob: Industrial: Transport Material (USD mn) 8,350.345 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Fats and Oils (USD mn) 5,821.010 2023 yearly 1989 - 2023
Exports: fob: Primary Products: Cereals (USD mn) 8,705.911 2023 yearly 1989 - 2023
Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) 9,022.071 2023 yearly 1989 - 2023
Export Value Index (2015=100) 137.248 2021 yearly 1980 - 2021
Import Value Index (2015=100) 104.950 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 613.7 Sep 2024 quarterly Mar 1992 - Sep 2024
Current Account Balance (USD mn) 1,400.7 Sep 2024 quarterly Mar 1976 - Sep 2024
Current Account Balance: % of GDP (%) 0.8 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Direct Investment (USD mn) 2,481.7 Sep 2024 quarterly Mar 1977 - Sep 2024
Foreign Direct Investment: % of GDP (%) 1.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Foreign Portfolio Investment (USD mn) -2,781.197 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -1.6 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -93.5 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -2,687.685 Sep 2024 quarterly Mar 1994 - Sep 2024
External Debt (USD mn) 282,752.6 Sep 2024 quarterly Mar 2006 - Sep 2024
External Debt: % of GDP (%) 45.3 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 103,743.9 Sep 2024 quarterly Sep 2003 - Sep 2024
External Debt: Short Term: % of GDP (%) 16.5 2023 yearly 2003 - 2023
Forecast: Current Account Balance (USD bn) 10.560 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 41,868.043 Sep 2024 quarterly Mar 2016 - Sep 2024
BoP: FA: Liabilities: Financial Derivatives (USD mn) -26.385 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: FA: Assets: Financial Derivatives (USD mn) -8.156 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Current Account: Services: Import (USD mn) 5,998.348 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Other Investments (USD mn) 2,156.622 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Direct Invt: NIL: Equity Investments & Investment Fund S... (USD mn) 1,823.173 Sep 2024 quarterly Mar 2006 - Sep 2024
BoP: Financial Account: Direct Invt: NIL: Debt Securities (USD mn) 658.550 Sep 2024 quarterly Mar 2006 - Sep 2024
Foreign Direct Investment (USD mn) 2,395.434 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Manufacturing (USD mn) 371.240 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Deposit-taking Corporations, except Central Bank (USD mn) 871.099 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Wholesale, Retail Trade & Repair of Motor Vehicles & ... (USD mn) -184.109 Sep 2024 quarterly Mar 2017 - Sep 2024
Foreign Direct Investment: Mining & Quarrying (USD mn) 718.119 Sep 2024 quarterly Mar 2017 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Dec 2024 monthly Dec 2002 - Dec 2024
Household Debt: % of GDP (%) 4.5 Sep 2024 quarterly Dec 2004 - Sep 2024
Money Supply M1 (USD mn) 45,284.228 Dec 2024 monthly Jan 1990 - Dec 2024
Money Supply M2 (USD mn) 98,139.867 Dec 2024 monthly Jan 1990 - Dec 2024
M2 Growth (%) 114.5 Dec 2024 monthly Jan 1991 - Dec 2024
Reserve Requirement Ratio (%) 40.9 Nov 2024 monthly Apr 1985 - Nov 2024
Foreign Exchange Reserves (USD mn) 22,050.9 Jan 2025 monthly Dec 1956 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 3.598 Sep 2024 quarterly Dec 2004 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 3.7 May 2023 monthly Jan 1990 - May 2023
Gold Reserves (USD mn) 5,572.630 Jan 2025 monthly Dec 1956 - Jan 2025
Total Deposits (USD mn) 95,508.295 Feb 2025 monthly Jul 2002 - Feb 2025
Total Deposits Growth (%) 99.8 Feb 2025 monthly Jul 2003 - Feb 2025
Domestic Credit (USD mn) 201,440.2 Dec 2024 monthly Jan 1990 - Dec 2024
Domestic Credit Growth (%) 50.1 Dec 2024 monthly Jan 1991 - Dec 2024
Credit to Households (USD bn) 20.241 Sep 2024 quarterly Mar 1994 - Sep 2024
Credit to Private Non-Financial Sector (USD bn) 117.146 Sep 2024 quarterly Mar 1990 - Sep 2024
Household Debt (USD mn) 28,410.8 Dec 2024 monthly Dec 1999 - Dec 2024
Total Loans (USD mn) 0.000 Jan 2025 monthly Jan 1990 - Jan 2025
Total Loans Growth (%) -100.00 Jan 2025 monthly Jan 1991 - Jan 2025
Private Debt: % of Nominal GDP (%) 10.31 Sep 2024 quarterly Dec 2004 - Sep 2024
Money Supply: Month End: M2 (ARS th) 101,280,342,625.000 Dec 2024 monthly Jan 1990 - Dec 2024
Money Supply: Month End: M1 (ARS th) 46,733,323,316.000 Dec 2024 monthly Jan 1990 - Dec 2024
Money Supply: Month End: M3 (ARS th) 152,173,589,134.000 Dec 2024 monthly Jan 1990 - Dec 2024
Official Reserve Assets (ORA) (USD mn) 28,309.770 Jan 2025 monthly Dec 1999 - Jan 2025
ORA: Foreign Currency Reserves (FCR) (USD mn) 22,050.920 Jan 2025 monthly Jul 2006 - Jan 2025
Deposits: ARS (ARS mn) 101,692,456.571 Feb 2025 monthly Jul 2002 - Feb 2025
Loans (ARS mn) 5,759,914.20 Jun 2018 monthly Jan 1990 - Jun 2018
Loans: ARS: Non Financial: Private: Mortgages (ARS mn) 2,151,031.786 Feb 2025 monthly Jul 2002 - Feb 2025
Business and Economic Survey Last Frequency Range
Geopolitical Risk Index (%) 0.045 Feb 2025 monthly Jan 1985 - Feb 2025

More Indicators for Argentina

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