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...
Money in China
The Chinese economy recorded average money supply growth of 10.6% in the decade to 2022. Money supply growth in 2022 was 11.8%. For more monetary base information, visit our dedicated page.
China Money Supply Chart
Note: This chart displays Money (annual variation in %) for China from 2014 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 13 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 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... -
China:
In April, Chinese banks distributed CNY 730 billion in new yuan loans, down from March’s 3090 billion figure and close... -
China: Money supply records lowest growth since September 2021 in March
In March, Chinese banks distributed CNY 3090 billion in new yuan loans, up from September’s 1450 billion figure but below... -
China: Credit data disappoints in February
In February, Chinese banks distributed CNY 1450 billion in new yuan loans, down from January’s 4920 billion figure. While the... -
China: Credit data beats market expectations in January
In January, Chinese banks distributed CNY 4920 billion in new yuan loans, up from December’s 1170 billion figure and beating...