Canada M2 Growth

Key information about Canada M2 Growth

• Canada Money Supply M2 increased 6.1 % YoY in Dec 2024, compared with a growth of 5.8 % in the previous month
• Canada Money Supply M2 growth data is updated monthly, available from Jan 1969 to Dec 2024
• 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 90.2 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 2.0 Months of Import in Dec 2024
• Canada Domestic Credit reached 4,531.7 USD bn in Dec 2024, representing an increased of 3.9 % YoY
• The country's Non Performing Loans Ratio stood at 0.6 % in Sep 2024, compared with the ratio of 0.5 % in the previous quarter
• Household Debt of Canada reached 2,110.9 USD bn in Dec 2024, accounting for 99.2 % of the country's Nominal GDP

View Canada's M2 Growth from Jan 1969 to Dec 2024 in the chart:

What was Canada's M2 Growth in Dec 2024?

Canada Money Supply M2 increased 6.1 % YoY in Dec 2024, compared with a growth of 5.8 % in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
6.1 Dec 2024	5.8 Nov 2024	-1.8 Apr 1998	23.6 May 1974	%	monthly	Jan 1969 - Dec 2024

M2 Growth by Country Comparison

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