Germany M2 Growth

1970 - 2026 | Monthly | % | CEIC Data

Key information about Germany M2 Growth

  • Germany Money Supply M2 increased 3.2 % YoY in Apr 2026, compared with a growth of 3.7 % in the previous month
  • Germany Money Supply M2 growth data is updated monthly, available from Jan 1970 to Apr 2026
  • The data reached an all-time high of 27.0 % in Jan 1991 and a record low of -7.5 % in Apr 1995

CEIC calculates M2 Growth Rate from monthly M2. Deutsche Bundesbank provides M2 in EUR. Germany is part of the Euro Area and the reported figure corresponds to its contribution to the Euro money supply. Since January 1995, data is not fully comparable with data of previous periods as 'Resident' refers to the residents of Germany and of other euro area member states (before that Germany only). M2 Growth Rate prior to January 1996 is sourced from the International Monetary Fund.


Further information about Germany M2 Growth

  • In the latest reports, Germany Foreign Exchange Reserves was measured at 37.8 USD bn in Apr 2026
  • The Foreign Exchange Reserves equaled 0.3 Months of Import in Mar 2026
  • Germany Domestic Credit reached 0.0 USD mn in May 2025, representing an drop of 100.0 % YoY
  • The country's Non Performing Loans Ratio stood at 1.5 % in Dec 2023, compared with the ratio of 1.2 % in the previous year
  • Household Debt of Germany reached 2,554.1 USD bn in Dec 2025, accounting for 48.7 % of the country's Nominal GDP

View Germany's M2 Growth from Jan 1970 to Apr 2026 in the chart:

Germany M2 Growth

What was Germany's M2 Growth in Apr 2026?

Germany Money Supply M2 increased 3.2 % YoY in Apr 2026, compared with a growth of 3.7 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.2 Apr 2026 3.7 Mar 2026 -7.5 Apr 1995 27.0 Jan 1991 % monthly Jan 1970 - Apr 2026

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 14.4 Apr 2026 monthly Dec 1994 - Apr 2026
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 29.1 Mar 2026 monthly Jan 1991 - Mar 2026
Armenia (%) 22.0 Dec 2025 monthly Jan 2003 - Dec 2025
Australia (%) 8.1 Apr 2026 monthly Mar 1966 - Apr 2026
Austria (%) 3.0 Apr 2026 monthly Sep 1998 - Apr 2026
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 4.0 Mar 2026 monthly Dec 1975 - Mar 2026
Bangladesh (%) 10.4 Mar 2026 monthly Jun 1987 - Mar 2026
Belarus (%) 27.8 Apr 2026 monthly Dec 1990 - Apr 2026
Belgium (%) 1.9 Apr 2026 monthly Dec 1997 - Apr 2026
Bolivia (%) 15.5 Jan 2026 monthly Dec 1988 - Jan 2026
Bosnia and Herzegovina (%) 10.6 Mar 2026 monthly Aug 1998 - Mar 2026
Botswana (%) 3.1 Feb 2026 monthly Jan 2002 - Feb 2026
Brazil (%) 10.0 Apr 2026 monthly Jan 1971 - Apr 2026
Bulgaria (%) 19.3 Mar 2026 monthly Dec 1996 - Mar 2026
Cambodia (%) 4.5 Apr 2026 monthly Jan 1996 - Apr 2026
Canada (%) 3.8 Mar 2026 monthly Jan 1969 - Mar 2026
Chile (%) 4.5 Apr 2026 monthly Jan 1987 - Apr 2026
China (%) 8.6 Apr 2026 monthly Mar 1997 - Apr 2026
Colombia (%) 11.0 Apr 2026 monthly Dec 1980 - Apr 2026
Croatia (%) 5.1 Mar 2026 monthly Jun 1995 - Mar 2026
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 5.7 Apr 2026 monthly Jan 2003 - Apr 2026
Denmark (%) 5.4 Apr 2026 monthly Jan 1992 - Apr 2026
Ecuador (%) 11.9 Mar 2026 monthly Dec 2007 - Mar 2026
Egypt (%) 19.3 Apr 2026 monthly Jan 1997 - Apr 2026
Estonia (%) 4.9 Mar 2026 monthly Jan 2012 - Mar 2026
European Union (%) 3.8 Apr 2026 monthly Jan 1981 - Apr 2026
Finland (%) 1.0 Apr 2026 monthly Jan 1981 - Apr 2026
France (%) 0.9 Mar 2026 monthly Dec 1978 - Mar 2026
Georgia (%) 25.3 Apr 2026 monthly Oct 1996 - Apr 2026
Germany (%) 3.2 Apr 2026 monthly Jan 1970 - Apr 2026
Ghana (%) 26.9 Dec 2025 quarterly Mar 1991 - Dec 2025
Greece (%) 5.6 Apr 2026 monthly Jan 2002 - Apr 2026
Hong Kong SAR, China (%) 10.0 Apr 2026 monthly Dec 1981 - Apr 2026
Hungary (%) 7.2 Apr 2026 monthly Jan 1999 - Apr 2026
Iceland (%) 6.0 Mar 2026 monthly Sep 1987 - Mar 2026
India (%) 21.8 Mar 2026 monthly Mar 1995 - Mar 2026
Indonesia (%) 9.2 Apr 2026 monthly Feb 1969 - Apr 2026
Iran (%) 40.9 Dec 2025 monthly Dec 2000 - Dec 2025
Ireland (%) 4.9 Apr 2026 monthly Jan 2000 - Apr 2026
Israel (%) 9.8 Mar 2026 monthly Apr 1982 - Mar 2026
Italy (%) 2.6 Mar 2026 monthly Dec 1975 - Mar 2026
Ivory Coast (%) 24.8 Mar 2026 monthly Jan 2005 - Mar 2026
Japan (%) 2.5 May 2026 monthly Jan 1968 - May 2026
Jordan (%) 7.7 Apr 2026 monthly Jan 1991 - Apr 2026
Kazakhstan (%) 16.6 Mar 2026 monthly Dec 1994 - Mar 2026
Kenya (%) 13.2 Feb 2026 monthly Dec 1996 - Feb 2026
South Korea (%) 5.3 Mar 2026 monthly Jan 1971 - Mar 2026
Kosovo (%) 12.4 2024 yearly 2002 - 2024
Kuwait (%) 2.2 Apr 2026 monthly Jan 1995 - Apr 2026
Kyrgyzstan (%) 50.1 Jan 2026 monthly Jan 1995 - Jan 2026
Laos (%) 19.6 Mar 2026 quarterly Dec 2000 - Mar 2026
Latvia (%) 9.6 Mar 2026 monthly Jan 2015 - Mar 2026
Lebanon (%) -8.3 Mar 2026 monthly Dec 1980 - Mar 2026
Lithuania (%) 16.3 Apr 2026 monthly Dec 1994 - Apr 2026
Luxembourg (%) 4.7 Mar 2026 monthly Jan 2000 - Mar 2026
Macau SAR, China (%) 6.0 Apr 2026 monthly Jun 1985 - Apr 2026
North Macedonia (%) 9.6 Apr 2026 monthly Jan 2004 - Apr 2026
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 5.6 Mar 2026 monthly Dec 1970 - Mar 2026
Malta (%) 5.1 Apr 2026 monthly Jan 2009 - Apr 2026
Mauritius (%) 9.3 Apr 2026 monthly Jul 1977 - Apr 2026
Mexico (%) 6.6 Apr 2026 monthly Dec 1986 - Apr 2026
Moldova (%) 14.2 Mar 2026 monthly Jan 2001 - Mar 2026
Mongolia (%) 24.5 Apr 2026 monthly Dec 1997 - Apr 2026
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 12.3 Apr 2026 monthly Jan 1986 - Apr 2026
Mozambique (%) 9.0 Mar 2026 monthly Dec 2002 - Mar 2026
Myanmar (%) 32.1 Sep 2025 quarterly Dec 2002 - Sep 2025
Nepal (%) 14.5 Apr 2026 monthly Jan 2002 - Apr 2026
Netherlands (%) 4.5 Apr 2026 monthly Dec 1957 - Apr 2026
New Zealand (%) 4.4 Apr 2026 monthly Mar 1989 - Apr 2026
Nigeria (%) 4.8 Apr 2026 monthly Apr 1991 - Apr 2026
Norway (%) 7.6 Apr 2026 monthly Dec 1993 - Apr 2026
Oman (%) 6.1 Dec 2025 monthly Jan 2000 - Dec 2025
Pakistan (%) 15.1 Apr 2026 monthly Jan 1989 - Apr 2026
Palestinian Territory (%) 14.1 Mar 2026 monthly Jul 2003 - Mar 2026
Panama (%) 6.0 Apr 2026 monthly Dec 2003 - Apr 2026
Paraguay (%) 14.1 Apr 2026 monthly Dec 1989 - Apr 2026
Peru (%) 15.2 Apr 2026 monthly Jan 1993 - Apr 2026
Philippines (%) 11.2 Apr 2026 monthly Dec 1989 - Apr 2026
Poland (%) 11.2 Apr 2026 monthly Dec 1997 - Apr 2026
Portugal (%) 6.7 Apr 2026 monthly Dec 1980 - Apr 2026
Qatar (%) 7.2 Apr 2026 monthly Jan 1983 - Apr 2026
Romania (%) 6.8 Apr 2026 monthly Dec 2002 - Apr 2026
Russia (%) 12.3 Apr 2026 monthly Dec 1992 - Apr 2026
Saudi Arabia (%) 9.9 Apr 2026 monthly Jan 1994 - Apr 2026
Serbia (%) 9.3 Mar 2026 monthly Aug 2002 - Mar 2026
Singapore (%) 6.8 Mar 2026 monthly Mar 2005 - Mar 2026
Slovakia (%) 6.4 Mar 2026 monthly Dec 2001 - Mar 2026
Slovenia (%) 6.7 Apr 2026 monthly Jan 2008 - Apr 2026
South Africa (%) 9.3 Apr 2026 monthly Mar 1966 - Apr 2026
Spain (%) 5.3 Apr 2026 monthly Jan 1963 - Apr 2026
Sri Lanka (%) 11.8 Apr 2026 monthly Jan 1995 - Apr 2026
Sudan (%) 92.7 Apr 2026 monthly Dec 2004 - Apr 2026
Sweden (%) 2.5 Apr 2026 monthly Jan 1999 - Apr 2026
Switzerland (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025

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Germany Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.1 Mar 2026 quarterly Dec 1991 - Mar 2026
Consolidated Fiscal Balance (USD mn) -42,574.620 Mar 2026 quarterly Mar 1991 - Mar 2026
Tax Revenue (USD mn) 302,989.732 Mar 2026 quarterly Mar 1991 - Mar 2026
Tax Revenue: % of GDP (%) 22.8 Mar 2026 quarterly Mar 1991 - Mar 2026
National Government Debt (USD mn) 3,330,957.3 Dec 2025 quarterly Mar 2000 - Dec 2025
Government Debt: % of GDP (%) 63.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Forecast: Government Expenditure (EUR bn) 2,798.121 2031 yearly 1991 - 2031
Forecast: Government Net Debt (EUR bn) 3,991.688 2031 yearly 1991 - 2031
Forecast: Government Revenue (EUR bn) 2,599.816 2031 yearly 1991 - 2031
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.600 2031 yearly 1980 - 2031
Trade Balance (USD mn) 16,960.7 Apr 2026 monthly Jan 1957 - Apr 2026
Total Exports (USD mn) 159,781.0 Apr 2026 monthly Jan 1957 - Apr 2026
Total Exports Growth (%) 3.6 Apr 2026 monthly Jan 1951 - Apr 2026
Aluminum: Exports (USD th) 11,279,159.417 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 70,970,902.063 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 54,214,028.985 2024 yearly 1995 - 2024
Total Imports (USD mn) 142,820.4 Apr 2026 monthly Jan 1957 - Apr 2026
Total Imports Growth (%) 6.2 Apr 2026 monthly Jan 1951 - Apr 2026
Imports: Medicament (USD th) 36,738,204.645 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 41,845,878.903 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 14,112.465 Feb 2026 monthly Sep 1977 - Feb 2026
Total Imports from USA (USD mn) 10,024.329 Apr 2026 monthly Jul 1990 - Apr 2026
Total Exports to China (USD mn) 6,750.041 Feb 2026 monthly Jan 2000 - Feb 2026
Total Imports from China (USD mn) 16,030.192 Feb 2026 monthly Jan 2000 - Feb 2026
Motor Vehicle Exports: Car (Unit) 270,400.000 Apr 2026 monthly Jul 2000 - Apr 2026
Imports: SITC: Vehicles, Motorcycles & Bicycles (EUR th) 11,620,816.000 Feb 2026 monthly Jan 2008 - Feb 2026
Exports: SITC: Machinery and Mechanical Appliances (EUR th) 20,598,512.000 Feb 2026 monthly Jan 2008 - Feb 2026
Imports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th) 15,830,479.000 Feb 2026 monthly Jan 2008 - Feb 2026
Exports: SITC: Pharmaceutical Products (EUR th) 9,666,502.000 Feb 2026 monthly Jan 2008 - Feb 2026
Exports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th) 15,162,150.000 Feb 2026 monthly Jan 2008 - Feb 2026
Exports: SITC: Vehicles, Motorcycles & Bicycles (EUR th) 21,149,954.000 Feb 2026 monthly Jan 2008 - Feb 2026
Imports: SITC: Pharmaceutical Products (EUR th) 5,460,033.000 Feb 2026 monthly Jan 2008 - Feb 2026
Exports: SITC: Plastics & Articles Thereof (EUR th) 5,669,527.000 Feb 2026 monthly Jan 2008 - Feb 2026
Imports: SITC: Mineral Fuels & Oils, Bituminous Substances (EUR th) 7,351,707.000 Feb 2026 monthly Jan 2008 - Feb 2026
Imports: SITC: Machinery and Mechanical Appliances (EUR th) 13,771,633.000 Feb 2026 monthly Jan 2008 - Feb 2026
Exports: SITC: Iron & Steel (EUR th) 2,312,705.000 Feb 2026 monthly Jan 2008 - Feb 2026
Imports: SITC: Iron & Steel (EUR th) 2,147,437.000 Feb 2026 monthly Jan 2008 - Feb 2026
Exports: China (EUR th) 5,708,763.000 Feb 2026 monthly Jan 2000 - Feb 2026
Imports cif (EUR mn) 130,431.733 Mar 2026 monthly Jan 1950 - Mar 2026
Exports fob (EUR mn) 150,266.787 Mar 2026 monthly Jan 1950 - Mar 2026
Exports fob: YoY (%) 1.600 Feb 2026 monthly Jan 2001 - Feb 2026
Imports cif: YoY (%) 0.600 Feb 2026 monthly Jan 2001 - Feb 2026
Imports cif: swda (EUR bn) 122.100 Apr 2026 monthly Jan 1950 - Apr 2026
Exports fob: swda (EUR bn) 136.600 Apr 2026 monthly Jan 1950 - Apr 2026
Trade Balance: swda (EUR bn) 14.500 Apr 2026 monthly Jan 1950 - Apr 2026
Exports Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells asse... (EUR th) 40,443.000 Mar 2026 monthly Jan 2021 - Mar 2026
Imports Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes (... (EUR th) 75,658.000 Mar 2026 monthly Jan 2021 - Mar 2026
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 51,426.0 Mar 2026 monthly Jan 1971 - Mar 2026
Current Account Balance (USD mn) 16,191.4 Mar 2026 monthly Jan 1991 - Mar 2026
Current Account Balance: % of GDP (%) 4.4 Mar 2026 quarterly Mar 1991 - Mar 2026
Foreign Direct Investment (USD mn) 24,810.3 Mar 2026 monthly Jan 1971 - Mar 2026
Foreign Direct Investment: % of GDP (%) 1.3 Mar 2026 quarterly Mar 1991 - Mar 2026
Foreign Portfolio Investment (USD mn) 100,626.507 Mar 2026 quarterly Mar 1971 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) 7.5 Mar 2026 quarterly Mar 1971 - Mar 2026
Foreign Portfolio Investment: Equity Securities (USD mn) -2,021.1 Mar 2026 quarterly Mar 1971 - Mar 2026
Foreign Portfolio Investment: Debt Securities (USD mn) 102,647.559 Mar 2026 quarterly Mar 1971 - Mar 2026
External Debt (USD mn) 7,936,265.8 Dec 2025 quarterly Jun 1999 - Dec 2025
External Debt: % of GDP (%) 151.3 2025 yearly 1999 - 2025
External Debt: Short Term (USD mn) 2,873,834.2 Dec 2025 quarterly Mar 2004 - Dec 2025
External Debt: Short Term: % of GDP (%) 54.8 2025 yearly 2004 - 2025
Total Debt: % of GDP (%) 585.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Forecast: Current Account Balance (USD bn) 243.613 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) 4,316,908.054 Dec 2025 quarterly Dec 1957 - Dec 2025
Insolvency (IN): No of Proceedings (NP) (Unit) 9,390.000 Feb 2026 monthly Jan 2003 - Feb 2026
DE: BOP: Net Errors and Omissions (USD mn) 36,406.381 2024 yearly 1971 - 2024
DE: BOP: Financial Account: Portfolio Investment: Net (USD mn) 34,336.677 2024 yearly 1971 - 2024
DE: BOP: Current Account: Personal Remittances: Paid (USD mn) 23,662.388 2024 yearly 1971 - 2024
DE: BOP: Current Account: Personal Remittances: Received (USD mn) 21,225.006 2024 yearly 1971 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 2023 yearly 2005 - 2023
Household Debt: % of GDP (%) 48.7 Dec 2025 quarterly Dec 1991 - Dec 2025
Money Supply M1 (USD mn) 3,438,356.364 Apr 2026 monthly Jan 1957 - Apr 2026
Money Supply M2 (USD mn) 4,764,319.819 Apr 2026 monthly Jan 1969 - Apr 2026
M2 Growth (%) 3.2 Apr 2026 monthly Jan 1970 - Apr 2026
Reserve Requirement Ratio (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
Foreign Exchange Reserves (USD mn) 37,785.0 Apr 2026 monthly Jan 1957 - Apr 2026
Foreign Exchange Reserves: % of GDP (%) 0.737 Mar 2026 quarterly Dec 1991 - Mar 2026
Foreign Exchange Reserves: Months of Import (NA) 0.3 Mar 2026 monthly Jan 1957 - Mar 2026
Gold Reserves (USD mn) 489,325.575 May 2026 monthly Dec 1998 - May 2026
Total Deposits (USD mn) 7,399,165.787 Apr 2026 monthly Sep 1997 - Apr 2026
Total Deposits Growth (%) 3.1 Apr 2026 monthly Sep 1998 - Apr 2026
Domestic Credit (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Domestic Credit Growth (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Debt Service Ratio: Households (%) 5.400 Sep 2025 quarterly Mar 1999 - Sep 2025
Debt Service Ratio: Private Non-Financial Sector (%) 12.400 Sep 2025 quarterly Mar 1999 - Sep 2025
Credit to Households (USD bn) 2,560.189 Sep 2025 quarterly Dec 1970 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 7,222.373 Sep 2025 quarterly Mar 1955 - Sep 2025
Household Debt (USD mn) 2,554,105.7 Dec 2025 quarterly Mar 1991 - Dec 2025
Total Loans (USD mn) 8,984,158.343 Apr 2026 monthly Jan 1957 - Apr 2026
Total Loans Growth (%) 2.65 Apr 2026 monthly Dec 1949 - Apr 2026
Private Debt: % of Nominal GDP (%) 72.27 Mar 2026 quarterly Dec 1991 - Mar 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 2.7 Apr 2026 monthly Jan 1992 - Apr 2026
Business Climate: Balance: sa: Manufacturing Industry (NA) -15.483 Apr 2026 monthly Jan 1991 - Apr 2026
Business Assessment: Balance: Manufacturing Industry (NA) -9.400 Apr 2026 monthly Jan 1991 - Apr 2026
Economic Expectation Indicator: Germany (%) -10.200 May 2026 monthly Dec 1991 - May 2026
Current Economic Situation Indicator: Germany: Balance (%) -77.800 May 2026 monthly Dec 1991 - May 2026
Leading Economic Index (2016=100) 87.000 Mar 2026 monthly Jan 1965 - Mar 2026

More Indicators for Germany

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