Latest reading: In December, Chinese banks distributed CNY 990 billion in new yuan loans, up from November’s 580 billion figure...
Money in China
The Chinese economy recorded an average growth rate of 9.9% in the decade to 2024. Money supply growth in 2024 was 7.3%. For more monetary base information, visit our dedicated page.
China Money Supply Chart
Note: This chart displays Money (annual variation in %) for China from 2024 to 2023.
Source: Macrobond.
China Money Supply Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Money (ann. var. of M2 %) | 8.7 | 10.1 | 9.0 | 11.8 | 9.7 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Chinese money supply projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable money supply forecast available for Chinese money supply.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Chinese money supply projections.
Want to get access to the full dataset of Chinese money supply forecasts? Send an email to info@focus-economics.com.
Latest Global Money News
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China: Credit provision speeds up in December -
China: Credit data is soft in November Latest reading: In November, Chinese banks distributed CNY 580 billion in new yuan loans, up from October’s 500 billion figure... -
China: Credit supply stays soft in October Latest reading: In October, Chinese banks distributed CNY 500 billion in new yuan loans, up from September’s 1590 billion figure... -
China: Credit provision is muted in September Latest reading: In September, Chinese banks distributed CNY 1590 billion in new yuan loans, up from August’s 900 billion figure... -
China: Credit data is weak in July In July, Chinese banks distributed CNY 260 billion in new yuan loans, down from June’s 2130 billion figure and well... -
China: Credit growth slows in June In June, Chinese banks distributed CNY 2130 billion in new yuan loans, up from May’s 950 billion figure but slightly... -
China: Money supply growth slows in May In May, Chinese banks distributed CNY 950 billion in new yuan loans, up from April’s 730 billion figure but below...