Canada M2 Growth
1969 - 2023 | Monthly | % | CEIC Data
Key information about Canada M2 Growth
- Canada Money Supply M2 increased 2.3 % YoY in Jun 2023, compared with a growth of 2.6 % in the previous month
- Canada Money Supply M2 growth data is updated monthly, available from Jan 1969 to Jun 2023
- The data reached an all-time high of 23.6 % in May 1974 and a record low of -1.8 % in Apr 1998
CEIC calculates M2 Growth Rate from monthly M2. The Bank of Canada provides M2 in local currency.
Further information about Canada M2 Growth
- In the latest reports, Canada Foreign Exchange Reserves was measured at 86.5 USD bn in Jul 2023
- The Foreign Exchange Reserves equaled 1.7 Months of Import in Jun 2023
- Canada Domestic Credit reached 4,651.4 USD bn in Jun 2023, representing an increased of 3.7 % YoY
- The country's Non Performing Loans Ratio stood at 0.4 % in Mar 2023, compared with the ratio of 0.3 % in the previous quarter
- Household Debt of Canada reached 2,163.2 USD bn in Jun 2023, accounting for 100.9 % of the country's Nominal GDP
View Canada's M2 Growth from Jan 1969 to Jun 2023 in the chart:
What was Canada's M2 Growth in Jun 2023?
Canada Money Supply M2 increased 2.3 % YoY in Jun 2023, compared with a growth of 2.6 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.3 Jun 2023 | 2.6 May 2023 | -1.8 Apr 1998 | 23.6 May 1974 | % | monthly | Jan 1969 - Jun 2023 |
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 (%) | 2.3 Jul 2023 | monthly | Dec 1994 - Jul 2023 |
| Algeria (%) | 11.2 Sep 2022 | monthly | Jan 2002 - Sep 2022 |
| Argentina (%) | 87.8 Jun 2023 | monthly | Jan 1991 - Jun 2023 |
| Armenia (%) | 11.0 May 2023 | monthly | Jan 2003 - May 2023 |
| Australia (%) | 3.9 Jul 2023 | monthly | Mar 1966 - Jul 2023 |
| Austria (%) | -1.4 Jul 2023 | monthly | Sep 1998 - Jul 2023 |
| Azerbaijan (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
| Bahrain (%) | 3.5 Jul 2023 | monthly | Dec 1975 - Jul 2023 |
| Bangladesh (%) | 9.7 Jul 2023 | monthly | Jun 1987 - Jul 2023 |
| Belarus (%) | 34.8 Jul 2023 | monthly | Dec 1990 - Jul 2023 |
| Belgium (%) | -1.6 Jul 2023 | monthly | Dec 1997 - Jul 2023 |
| Bolivia (%) | 7.0 Jul 2023 | monthly | Dec 1988 - Jul 2023 |
| Bosnia and Herzegovina (%) | 8.3 Jul 2023 | monthly | Aug 1998 - Jul 2023 |
| Botswana (%) | 3.9 Jun 2023 | monthly | Jan 2002 - Jun 2023 |
| Brazil (%) | 17.0 Jul 2023 | monthly | Jan 1971 - Jul 2023 |
| Bulgaria (%) | 11.4 Jun 2023 | monthly | Dec 1996 - Jun 2023 |
| Cambodia (%) | 10.3 Jul 2023 | monthly | Jan 1996 - Jul 2023 |
| Canada (%) | 2.3 Jun 2023 | monthly | Jan 1969 - Jun 2023 |
| Chile (%) | 6.2 Aug 2023 | monthly | Jan 1987 - Aug 2023 |
| China (%) | 10.6 Aug 2023 | monthly | Mar 1997 - Aug 2023 |
| Colombia (%) | 7.8 Jul 2023 | monthly | Dec 1980 - Jul 2023 |
| Croatia (%) | 16.5 Jul 2023 | monthly | Jun 1995 - Jul 2023 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 9.0 Jul 2023 | monthly | Jan 2003 - Jul 2023 |
| Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
| Ecuador (%) | 7.2 Jun 2023 | monthly | Dec 2007 - Jun 2023 |
| Egypt (%) | 24.4 Jul 2023 | monthly | Jan 1997 - Jul 2023 |
| Estonia (%) | 3.3 Jul 2023 | monthly | Jan 2012 - Jul 2023 |
| European Union (%) | -1.2 Jul 2023 | monthly | Jan 1981 - Jul 2023 |
| Finland (%) | -5.1 Jul 2023 | monthly | Jan 1981 - Jul 2023 |
| France (%) | -0.4 Jul 2023 | monthly | Dec 1978 - Jul 2023 |
| Georgia (%) | 31.5 Jul 2023 | monthly | Oct 1996 - Jul 2023 |
| Germany (%) | -0.1 Jul 2023 | monthly | Jan 1970 - Jul 2023 |
| Ghana (%) | 39.7 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Greece (%) | 1.4 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
| Hong Kong SAR, China (%) | 2.3 Jul 2023 | monthly | Dec 1981 - Jul 2023 |
| Hungary (%) | -4.5 Jul 2023 | monthly | Jan 1999 - Jul 2023 |
| Iceland (%) | 6.4 Jul 2023 | monthly | Sep 1987 - Jul 2023 |
| India (%) | 12.2 Jun 2023 | monthly | Mar 1995 - Jun 2023 |
| Indonesia (%) | 6.4 Jul 2023 | monthly | Feb 1969 - Jul 2023 |
| Iran (%) | 34.5 Nov 2022 | monthly | Dec 2000 - Nov 2022 |
| Ireland (%) | 1.1 Jul 2023 | monthly | Jan 2000 - Jul 2023 |
| Israel (%) | -7.3 Jun 2023 | monthly | Apr 1982 - Jun 2023 |
| Italy (%) | -5.7 Jul 2023 | monthly | Dec 1975 - Jul 2023 |
| Ivory Coast (%) | 10.4 Jun 2023 | monthly | Jan 2005 - Jun 2023 |
| Japan (%) | 2.5 Aug 2023 | monthly | Jan 1968 - Aug 2023 |
| Jordan (%) | 2.5 Jul 2023 | monthly | Jan 1991 - Jul 2023 |
| Kazakhstan (%) | 15.3 Jul 2023 | monthly | Dec 1994 - Jul 2023 |
| Kenya (%) | 8.5 Jun 2023 | monthly | Dec 1996 - Jun 2023 |
| South Korea (%) | 3.0 Jun 2023 | monthly | Jan 1971 - Jun 2023 |
| Kosovo (%) | 11.7 2022 | yearly | 2002 - 2022 |
| Kuwait (%) | 4.4 Jun 2023 | monthly | Jan 1995 - Jun 2023 |
| Kyrgyzstan (%) | 21.6 Jun 2023 | monthly | Jan 1995 - Jun 2023 |
| Laos (%) | 27.5 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
| Latvia (%) | 4.2 Jul 2023 | monthly | Jan 2015 - Jul 2023 |
| Lebanon (%) | 52.3 May 2023 | monthly | Dec 1980 - May 2023 |
| Lithuania (%) | 7.6 Jul 2023 | monthly | Dec 1994 - Jul 2023 |
| Luxembourg (%) | -7.8 Jul 2023 | monthly | Jan 2000 - Jul 2023 |
| Macau SAR, China (%) | 6.4 Jul 2023 | monthly | Jun 1985 - Jul 2023 |
| North Macedonia (%) | 8.5 Jul 2023 | monthly | Jan 2004 - Jul 2023 |
| Malawi (%) | 36.0 Jun 2023 | monthly | Jan 1976 - Jun 2023 |
| Malaysia (%) | 3.5 Jul 2023 | monthly | Dec 1970 - Jul 2023 |
| Malta (%) | 3.2 Jul 2023 | monthly | Jan 2009 - Jul 2023 |
| Mauritius (%) | 5.4 Jun 2023 | monthly | Jul 1977 - Jun 2023 |
| Mexico (%) | 8.8 Jul 2023 | monthly | Dec 1986 - Jul 2023 |
| Moldova (%) | 29.0 Jul 2023 | monthly | Jan 2001 - Jul 2023 |
| Mongolia (%) | 18.5 Jul 2023 | monthly | Dec 1997 - Jul 2023 |
| Montenegro (%) | 22.9 2022 | yearly | 2003 - 2022 |
| Morocco (%) | 8.7 Jul 2023 | monthly | Jan 1986 - Jul 2023 |
| Mozambique (%) | 5.2 Jul 2023 | monthly | Dec 2002 - Jul 2023 |
| Myanmar (%) | -0.7 Sep 2022 | quarterly | Dec 2002 - Sep 2022 |
| Nepal (%) | 11.4 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
| Netherlands (%) | -1.0 Jul 2023 | monthly | Dec 1957 - Jul 2023 |
| New Zealand (%) | 3.2 Jul 2023 | monthly | Mar 1989 - Jul 2023 |
| Nigeria (%) | 34.4 Jul 2023 | monthly | Nov 1993 - Jul 2023 |
| Norway (%) | -0.7 Jul 2023 | monthly | Dec 1993 - Jul 2023 |
| Oman (%) | 2.8 Jun 2023 | monthly | Jan 2000 - Jun 2023 |
| Pakistan (%) | 13.1 Jul 2023 | monthly | Jan 1989 - Jul 2023 |
| Palestinian Territory (%) | 3.7 Jul 2023 | monthly | Jul 2003 - Jul 2023 |
| Panama (%) | -1.8 Jun 2023 | monthly | Dec 2003 - Jun 2023 |
| Paraguay (%) | 10.1 Jul 2023 | monthly | Dec 1989 - Jul 2023 |
| Peru (%) | -0.6 Jul 2023 | monthly | Jan 1993 - Jul 2023 |
| Philippines (%) | 6.8 Jun 2023 | monthly | Dec 1989 - Jun 2023 |
| Poland (%) | 7.8 Jul 2023 | monthly | Dec 1997 - Jul 2023 |
| Portugal (%) | -2.5 Jul 2023 | monthly | Dec 1980 - Jul 2023 |
| Qatar (%) | 1.3 Jul 2023 | monthly | Jan 1983 - Jul 2023 |
| Romania (%) | 9.7 Jun 2023 | monthly | Dec 2002 - Jun 2023 |
| Russia (%) | 24.7 Jul 2023 | monthly | Dec 1992 - Jul 2023 |
| Saudi Arabia (%) | 9.4 Jul 2023 | monthly | Jan 1994 - Jul 2023 |
| Serbia (%) | 21.8 Jun 2023 | monthly | Aug 2002 - Jun 2023 |
| Singapore (%) | 3.2 Jul 2023 | monthly | Mar 2005 - Jul 2023 |
| Slovakia (%) | 0.2 Jul 2023 | monthly | Dec 2001 - Jul 2023 |
| Slovenia (%) | 5.6 Jun 2023 | monthly | Jan 2008 - Jun 2023 |
| South Africa (%) | 8.2 Jul 2023 | monthly | Mar 1966 - Jul 2023 |
| Spain (%) | -2.0 Jul 2023 | monthly | Jan 1963 - Jul 2023 |
| Sri Lanka (%) | 8.1 Jul 2023 | monthly | Jan 1995 - Jul 2023 |
| Sudan (%) | 43.9 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
| Sweden (%) | -3.4 Jul 2023 | monthly | Jan 1999 - Jul 2023 |
| Switzerland (%) | -10.4 Jun 2023 | monthly | Dec 1985 - Jun 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.7 Jun 2023 | quarterly | Jun 1993 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | 1,584.375 Jun 2023 | monthly | May 1992 - Jun 2023 |
| Tax Revenue (USD mn) | 23,119.073 Jun 2023 | monthly | Jan 1996 - Jun 2023 |
| Tax Revenue: % of GDP (%) | 13.1 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| National Government Debt (USD mn) | 1,376,171.5 2023 | yearly | 1962 - 2023 |
| Government Debt: % of GDP (%) | 66.4 2023 | yearly | 1962 - 2023 |
| Forecast: Government Expenditure (CAD bn) | 1,403.695 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (CAD bn) | 1,404.401 2028 | yearly | 1980 - 2028 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | 2,105.000 Jun 2023 | monthly | May 1992 - Jun 2023 |
| Budgetary Revenue (CAD mn) | 37,617.000 Jun 2023 | monthly | May 1992 - Jun 2023 |
| Budgetary Expense (CAD mn) | -35,512.000 Jun 2023 | monthly | May 1992 - Jun 2023 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 5,804.000 Jun 2023 | monthly | Jan 1996 - Jun 2023 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 30,716.000 Jun 2023 | monthly | Jan 1996 - Jun 2023 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 542,400.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Expense (CAD mn) | 535,500.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Balance (CAD mn) | 4,500.000 2028 | yearly | 1996 - 2028 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 71,400.000 2027 | yearly | 2000 - 2027 |
| Net Financing Activities (CAD mn) | -6,116.000 Jun 2023 | monthly | Jan 1996 - Jun 2023 |
| FIN Forecast: Federal Debt (CAD mn) | 1,246,700.000 2028 | yearly | 1997 - 2028 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.597 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -747.4 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
| Total Exports (USD mn) | 45,732.1 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
| Total Exports Growth (%) | -9.1 Jul 2023 | monthly | Jan 1989 - Jul 2023 |
| Aluminum: Exports (USD th) | 11,552,234.816 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 9,821,982.309 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 1,079,544.056 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 46,479.5 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
| Total Imports Growth (%) | -5.2 Jul 2023 | monthly | Jan 1989 - Jul 2023 |
| Imports: Medicament (USD th) | 11,462,582.313 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,439,260.899 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 35,888.124 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
| Total Imports from USA (USD mn) | 30,300.583 Jul 2023 | monthly | Jan 1997 - Jul 2023 |
| Total Exports to China (USD mn) | 1,844.372 Jul 2023 | monthly | Jan 1997 - Jul 2023 |
| Total Imports from China (USD mn) | 2,943.608 Jul 2023 | monthly | Jan 1997 - Jul 2023 |
| Coal Exports (kton) | 2,448.000 Jul 2023 | monthly | Jan 1977 - Jul 2023 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,333.600 Jul 2023 | monthly | Jan 2022 - Jul 2023 |
| Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 31,733.901 Jul 2023 | monthly | Jan 2022 - Jul 2023 |
| Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 1,069,824.243 Jul 2023 | monthly | Jan 1988 - Jul 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.4 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Household Debt: % of GDP (%) | 102.0 Jun 2023 | quarterly | Mar 1969 - Jun 2023 |
| Money Supply M1 (USD mn) | 1,140,691.505 Jun 2023 | monthly | Mar 1975 - Jun 2023 |
| Money Supply M2 (USD mn) | 1,821,668.682 Jun 2023 | monthly | Jan 1968 - Jun 2023 |
| M2 Growth (%) | 2.3 Jun 2023 | monthly | Jan 1969 - Jun 2023 |
| Foreign Exchange Reserves (USD mn) | 86,550.0 Aug 2023 | monthly | Jun 1999 - Aug 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 4.127 Jun 2023 | quarterly | Jun 1999 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.9 Jul 2023 | monthly | Jun 1999 - Jul 2023 |
| Gold Reserves (USD mn) | 0.000 Aug 2023 | monthly | Dec 1956 - Aug 2023 |
| Total Deposits (USD mn) | 4,332,391.350 Jun 2023 | monthly | Jan 2009 - Jun 2023 |
| Total Deposits Growth (%) | 6.7 Jun 2023 | monthly | Jan 2010 - Jun 2023 |
| Domestic Credit (USD mn) | 4,651,396.6 Jun 2023 | monthly | Jan 1969 - Jun 2023 |
| Domestic Credit Growth (%) | 3.7 Jun 2023 | monthly | Jan 1970 - Jun 2023 |
| Debt Service Ratio: Households (%) | 13.800 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 23.400 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Credit to Households (USD bn) | 2,106.393 Dec 2022 | quarterly | Mar 1969 - Dec 2022 |
| Credit to Private Non-Financial Sector (USD bn) | 4,441.403 Dec 2022 | quarterly | Mar 1954 - Dec 2022 |
| Household Debt (USD mn) | 2,163,242.1 Jun 2023 | monthly | Jan 1969 - Jun 2023 |
| Total Loans (USD mn) | 3,143,001.814 Jun 2023 | monthly | Jan 1969 - Jun 2023 |
| Total Loans Growth (%) | 4.73 Jun 2023 | monthly | Jan 1970 - Jun 2023 |
| Private Debt: % of Nominal GDP (%) | 219.40 Jun 2023 | quarterly | Mar 1969 - Jun 2023 |
| Money Supply: M1+: Gross: sa (CAD mn) | 1,509,363.000 Jun 2023 | monthly | Mar 1975 - Jun 2023 |
| Money Supply: M2+: M2: Gross (CAD mn) | 2,418,605.000 Jun 2023 | monthly | Jan 1968 - Jun 2023 |
| Money Supply: M1+: Gross (CAD mn) | 1,509,464.000 Jun 2023 | monthly | Mar 1975 - Jun 2023 |
| Money Supply: M3: Gross (CAD mn) | 3,470,763.000 Jun 2023 | monthly | Jan 1970 - Jun 2023 |
| Money Supply: M3: Gross: sa (CAD mn) | 3,475,271.000 Jun 2023 | monthly | Jan 1970 - Jun 2023 |
| Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,410,432.000 Jun 2023 | monthly | Jan 1968 - Jun 2023 |
| Official International Reserves (USD mn) | 114,687.000 Aug 2023 | monthly | Dec 1994 - Aug 2023 |
| Official International Reserves: Gold (USD mn) | 0.000 Aug 2023 | monthly | Dec 1994 - Aug 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 0.0 Aug 2023 | monthly | Dec 2001 - Aug 2023 |
| Purchasing Manager Index: Seasonally Adjusted (NA) | 53.500 Aug 2023 | monthly | Dec 2000 - Aug 2023 |
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