National Debt, Deficits, Interest & Money Supply · Board of Governors of the Federal Reserve System
U.S. M2 Money Supply by Year (1959-2025)
M2 measures broad liquid money balances held by households and businesses across the U.S. banking system. In 2025, m2 money supply recorded 22,355.3Billions of USD, compared with 21,487.6 in 2024. Across the 67-year archive (1959-2025), readings have ranged between 297.8 (1959) and 22,355.3 (2025).
Series Summary Ledger
- 2025 Reading22,355.3
- 2024 Reading21,487.6
- All-Time High (2025)22,355.3
- All-Time Low (1959)297.8
- Reporting UnitBillions of USD
- Series CodeM2SL
Board of Governors of the Federal Reserve System · 1959-2025
U.S. M2 Money Supply by Year (1959-2025)
2025 Reading: 22,355.3 Billions of USD
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DECADE BENCHMARKS (1950s-2020s)
M2 Money Supply by Decade
| Decade | Mean | Min | Max |
|---|---|---|---|
| 1950s | 297.8 | 297.8 | 297.8 |
| 1960s | 444.8 | 312.4 | 587.9 |
| 1970s | 1,017.6 | 626.6 | 1,473.9 |
| 1980s | 2,388.0 | 1,599.9 | 3,153.4 |
| 1990s | 3,752.9 | 3,272.5 | 4,639.1 |
| 2000s | 6,660.7 | 4,927.3 | 8,510.6 |
| 2010s | 12,104.0 | 8,822.0 | 15,351.5 |
| 2020s | 21,089.7 | 19,119.4 | 22,355.3 |
M2 Money Supply Year-by-Year Historical Table (1959-2025)
Source: Board of Governors of the Federal Reserve System (M2SL)| Year | M2 Money Supply (Billions of USD) | Annual Change |
|---|---|---|
| 2025 | 22,355.3 | +867.7 |
| 2024 | 21,487.6 | +707.7 |
| 2023 | 20,779.9 | -513.3 |
| 2022 | 21,293.2 | -209.6 |
| 2021 | 21,502.8 | +2383.4 |
| 2020 | 19,119.4 | +3767.9 |
| 2019 | 15,351.5 | +959.5 |
| 2018 | 14,392.0 | +504.7 |
| 2017 | 13,887.3 | +646.7 |
| 2016 | 13,240.6 | +847.0 |
| 2015 | 12,393.6 | +672.4 |
| 2014 | 11,721.2 | +658.8 |
| 2013 | 11,062.4 | +577.0 |
| 2012 | 10,485.4 | +801.9 |
| 2011 | 9,683.5 | +861.5 |
| 2010 | 8,822.0 | +311.4 |
| 2009 | 8,510.6 | +307.6 |
| 2008 | 8,203.0 | +720.3 |
| 2007 | 7,482.7 | +403.4 |
| 2006 | 7,079.3 | +391.9 |
| 2005 | 6,687.4 | +263.1 |
| 2004 | 6,424.3 | +350.8 |
| 2003 | 6,073.5 | +294.5 |
| 2002 | 5,779.0 | +338.9 |
| 2001 | 5,440.1 | +512.8 |
| 2000 | 4,927.3 | +288.2 |
| 1999 | 4,639.1 | +263.6 |
| 1998 | 4,375.5 | +342.5 |
| 1997 | 4,033.0 | +214.3 |
| 1996 | 3,818.7 | +188.9 |
| 1995 | 3,629.8 | +143.1 |
| 1994 | 3,486.7 | +11.7 |
| 1993 | 3,475.0 | +49.7 |
| 1992 | 3,425.3 | +52.3 |
| 1991 | 3,373.0 | +100.5 |
| 1990 | 3,272.5 | +119.1 |
| 1989 | 3,153.4 | +164.6 |
| 1988 | 2,988.8 | +162.1 |
| 1987 | 2,826.7 | +98.7 |
| 1986 | 2,728.0 | +236.0 |
| 1985 | 2,492.0 | +185.7 |
| 1984 | 2,306.3 | +182.9 |
| 1983 | 2,123.4 | +217.5 |
| 1982 | 1,905.9 | +150.4 |
| 1981 | 1,755.5 | +155.6 |
| 1980 | 1,599.9 | +126.0 |
| 1979 | 1,473.9 | +107.8 |
| 1978 | 1,366.1 | +95.7 |
| 1977 | 1,270.4 | +118.3 |
| 1976 | 1,152.1 | +135.8 |
| 1975 | 1,016.3 | +114.2 |
| 1974 | 902.1 | +46.6 |
| 1973 | 855.5 | +53.2 |
| 1972 | 802.3 | +92.0 |
| 1971 | 710.3 | +83.7 |
| 1970 | 626.6 | +38.7 |
| 1969 | 587.9 | +21.0 |
| 1968 | 566.9 | +42.1 |
| 1967 | 524.8 | +44.6 |
| 1966 | 480.2 | +21.0 |
| 1965 | 459.2 | +34.4 |
| 1964 | 424.8 | +31.6 |
| 1963 | 393.2 | +30.5 |
| 1962 | 362.7 | +27.2 |
| 1961 | 335.5 | +23.1 |
| 1960 | 312.4 | +14.6 |
| 1959 | 297.8 | - |
Related Debt & Fiscal Series
- U.S. National Debt by Year & Debt-to-GDP Ratio (1966-2025)38.51
- U.S. Federal Debt-to-GDP Ratio by Year (1966-2025)120.7
- U.S. Federal Budget Deficit or Surplus by Year (1929-2025)-5.77
- U.S. Federal Net Interest Payments on National Debt (1940-2025)3.15
- U.S. Federal Tax Receipts vs. Outlays (% of GDP 1929-2025)17.02
- 10-Year U.S. Treasury Yield History by Year (1962-2025)4.29