US Money Supply (M2) Tracker

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M2 money supply tracks cash, checking deposits, savings, money market funds, and other near-money. A key indicator for inflation expectations and monetary policy. Data from FRED (M2SL). Updated monthly.

Current M2
$22.41T
2025-12
YoY Growth Rate
+4.60%
Prev: +4.27%
Peak YoY Growth
+26.70%
2021-02
COVID-era money printing
12-Month Avg Growth
+4.12%
Trough: -4.69%
2023-04

M2 Money Supply Level

YoY Growth Rate (%)

Monthly M2 Data

300 months • FRED series M2SL

Date M2 (Billions $)M2 (Trillions $)YoY Growth
2025-1222,411$22.41T+4.60%
2025-1122,322.1$22.32T+4.27%
2025-1022,297.8$22.30T+4.64%
2025-0922,211.9$22.21T+4.49%
2025-0822,108.2$22.11T+4.43%
2025-0722,028.6$22.03T+4.48%
2025-0621,942.5$21.94T+4.22%
2025-0521,827.6$21.83T+3.99%
2025-0421,770.7$21.77T+4.02%
2025-0321,636.8$21.64T+3.52%
2025-0221,564.8$21.56T+3.37%
2025-0121,492.5$21.49T+3.46%
2024-1221,424.5$21.42T+3.49%
2024-1121,407.9$21.41T+3.44%
2024-1021,308.1$21.31T+3.00%
2024-0921,257.5$21.26T+2.59%
2024-0821,171.1$21.17T+2.04%
2024-0721,084.2$21.08T+1.50%
2024-0621,053.1$21.05T+1.30%
2024-0520,989.7$20.99T+0.91%
2024-0420,929.1$20.93T+0.96%
2024-0320,901$20.90T+0.12%
2024-0220,861.4$20.86T-1.53%
2024-0120,773.3$20.77T-2.04%
2023-1220,701.4$20.70T-2.44%
2023-1120,696.9$20.70T-3.10%
2023-1020,687.4$20.69T-3.44%
2023-0920,720.5$20.72T-3.72%
2023-0820,746.9$20.75T-3.98%
2023-0720,772$20.77T-4.02%
2023-0620,782.7$20.78T-3.97%
2023-0520,801.1$20.80T-4.10%
2023-0420,729.7$20.73T-4.69%
2023-0320,876.1$20.88T-3.89%
2023-0221,184.7$21.18T-2.31%
2023-0121,205.4$21.21T-1.77%
2022-1221,219$21.22T-1.17%
2022-1121,358.1$21.36T+0.20%
2022-1021,424.4$21.42T+1.33%
2022-0921,520.8$21.52T+2.58%
2022-0821,606.7$21.61T+3.82%
2022-0721,641.7$21.64T+4.91%
2022-0621,642.9$21.64T+5.71%
2022-0521,690.7$21.69T+6.17%
2022-0421,750$21.75T+7.88%
2022-0321,721.3$21.72T+9.58%
2022-0221,684.9$21.68T+10.66%
2022-0121,587.4$21.59T+11.51%
2021-1221,470.9$21.47T+12.22%
2021-1121,316.5$21.32T+12.32%
2021-1021,142.2$21.14T+12.75%
2021-0920,979.1$20.98T+12.81%
2021-0820,811.1$20.81T+13.32%
2021-0720,628.2$20.63T+12.74%
2021-0620,472.9$20.47T+12.86%
2021-0520,430.6$20.43T+14.44%
2021-0420,161.5$20.16T+18.56%
2021-0319,823.2$19.82T+23.95%
2021-0219,596.5$19.60T+26.70%
2021-0119,359.5$19.36T+25.58%
2020-1219,133$19.13T+24.66%
2020-1118,978.9$18.98T+24.24%
2020-1018,751.1$18.75T+23.63%
2020-0918,596.4$18.60T+23.72%
2020-0818,364.1$18.36T+22.97%
2020-0718,297.7$18.30T+23.19%
2020-0618,140.6$18.14T+22.81%
2020-0517,852.9$17.85T+21.85%
2020-0417,005.4$17.01T+16.84%
2020-0315,993.4$15.99T+10.10%
2020-0215,466.6$15.47T+6.81%
2020-0115,416.3$15.42T+6.72%
2019-1215,347.6$15.35T+6.71%
2019-1115,276.4$15.28T+7.12%
2019-1015,166.9$15.17T+6.50%
2019-0915,031$15.03T+5.64%
2019-0814,934.3$14.93T+5.22%
2019-0714,853.1$14.85T+5.01%
2019-0614,771$14.77T+4.69%
2019-0514,652$14.65T+4.29%
2019-0414,554.2$14.55T+4.01%
2019-0314,525.9$14.53T+3.94%
2019-0214,480.8$14.48T+4.04%
2019-0114,445.7$14.45T+4.05%
2018-1214,382.3$14.38T+3.67%
2018-1114,260.5$14.26T+3.23%
2018-1014,241.1$14.24T+3.33%
2018-0914,229.1$14.23T+3.69%
2018-0814,193.6$14.19T+3.80%
2018-0714,143.9$14.14T+3.88%
2018-0614,109.7$14.11T+4.07%
2018-0514,049.4$14.05T+3.79%
2018-0413,993.7$13.99T+3.78%
2018-0313,975.8$13.98T+4.08%
2018-0213,919$13.92T+4.13%
2018-0113,882.9$13.88T+4.38%
2017-1213,873.5$13.87T+4.90%
2017-1113,814.6$13.81T+4.81%
2017-1013,782$13.78T+5.15%
2017-0913,722.7$13.72T+5.29%
2017-0813,674.3$13.67T+5.40%
2017-0713,615.1$13.62T+5.63%
2017-0613,558.1$13.56T+5.63%
2017-0513,536.4$13.54T+5.96%
2017-0413,484.4$13.48T+6.11%
2017-0313,428.4$13.43T+6.33%
2017-0213,367$13.37T+6.28%
2017-0113,300.3$13.30T+6.36%
2016-1213,225.8$13.23T+6.93%
2016-1113,180.6$13.18T+7.19%
2016-1013,107.1$13.11T+7.39%
2016-0913,033.8$13.03T+7.24%
2016-0812,973.6$12.97T+7.28%
2016-0712,889.3$12.89T+6.98%
2016-0612,835.1$12.84T+6.92%
2016-0512,774.6$12.77T+6.77%
2016-0412,707.6$12.71T+6.46%
2016-0312,628.6$12.63T+6.10%
2016-0212,577.7$12.58T+5.65%
2016-0112,505.5$12.51T+6.09%
2015-1212,368.2$12.37T+5.70%
2015-1112,296.9$12.30T+5.85%
2015-1012,205.6$12.21T+5.43%
2015-0912,154.3$12.15T+5.66%
2015-0812,093.1$12.09T+5.51%
2015-0712,048.3$12.05T+5.34%
2015-0612,004.6$12.00T+5.46%
2015-0511,964.2$11.96T+5.62%
2015-0411,936.7$11.94T+5.98%
2015-0311,902.8$11.90T+6.10%
2015-0211,904.7$11.90T+6.46%
2015-0111,787.8$11.79T+6.04%
2014-1211,701$11.70T+5.92%
2014-1111,617.3$11.62T+5.79%
2014-1011,576.6$11.58T+5.50%
2014-0911,502.8$11.50T+6.03%
2014-0811,461.6$11.46T+6.24%
2014-0711,437.5$11.44T+6.59%
2014-0611,382.8$11.38T+6.47%
2014-0511,327.6$11.33T+6.52%
2014-0411,263.1$11.26T+6.26%
2014-0311,218.2$11.22T+6.11%
2014-0211,182.3$11.18T+6.33%
2014-0111,116.6$11.12T+5.90%
2013-1211,046.9$11.05T+5.47%
2013-1110,981.9$10.98T+6.09%
2013-1010,973.2$10.97T+6.72%
2013-0910,848.9$10.85T+6.19%
2013-0810,788.5$10.79T+6.44%
2013-0710,730.5$10.73T+6.61%
2013-0610,691.3$10.69T+6.78%
2013-0510,634.2$10.63T+6.95%
2013-0410,600$10.60T+7.08%
2013-0310,572.6$10.57T+7.38%
2013-0210,516.4$10.52T+7.29%
2013-0110,497.4$10.50T+7.66%
2012-1210,474.1$10.47T+8.24%
2012-1110,351.6$10.35T+7.50%
2012-1010,282.6$10.28T+7.36%
2012-0910,216.3$10.22T+7.03%
2012-0810,136.1$10.14T+6.42%
2012-0710,065.5$10.07T+7.79%
2012-0610,012.8$10.01T+9.11%
2012-059,942.8$9.94T+9.23%
2012-049,899.5$9.90T+9.63%
2012-039,846$9.85T+9.81%
2012-029,802$9.80T+10.03%
2012-019,750.3$9.75T+10.24%
2011-129,677.1$9.68T+9.68%
2011-119,629.5$9.63T+9.56%
2011-109,577.9$9.58T+9.23%
2011-099,545.1$9.55T+9.48%
2011-089,524.9$9.52T+9.63%
2011-079,338.4$9.34T+8.09%
2011-069,176.5$9.18T+6.36%
2011-059,102.5$9.10T+5.73%
2011-049,030.2$9.03T+5.56%
2011-038,966.8$8.97T+5.20%
2011-028,908.8$8.91T+4.47%
2011-018,845$8.85T+4.33%
2010-128,822.7$8.82T+3.65%
2010-118,789$8.79T+3.19%
2010-108,768.4$8.77T+3.30%
2010-098,718.7$8.72T+3.04%
2010-088,687.9$8.69T+2.66%
2010-078,639.5$8.64T+2.08%
2010-068,628.1$8.63T+2.00%
2010-058,609$8.61T+1.89%
2010-048,554.8$8.55T+1.95%
2010-038,523.5$8.52T+1.63%
2010-028,527.3$8.53T+2.50%
2010-018,477.7$8.48T+2.28%
2009-128,512.2$8.51T+3.75%
2009-118,517$8.52T+6.10%
2009-108,487.9$8.49T+6.43%
2009-098,461.6$8.46T+7.48%
2009-088,463$8.46T+8.42%
2009-078,463.5$8.46T+8.63%
2009-068,459.3$8.46T+9.24%
2009-058,449.2$8.45T+9.37%
2009-048,391.1$8.39T+8.80%
2009-038,386.4$8.39T+9.34%
2009-028,319.3$8.32T+9.41%
2009-018,289$8.29T+10.26%
2008-128,204.7$8.20T+9.63%
2008-118,027$8.03T+7.69%
2008-107,974.9$7.97T+7.36%
2008-097,872.4$7.87T+6.20%
2008-087,805.8$7.81T+5.56%
2008-077,791.2$7.79T+6.46%
2008-067,743.9$7.74T+6.26%
2008-057,725.2$7.73T+6.49%
2008-047,712.5$7.71T+6.52%
2008-037,670$7.67T+7.00%
2008-027,604$7.60T+6.58%
2008-017,517.5$7.52T+5.61%
2007-127,483.9$7.48T+5.70%
2007-117,453.6$7.45T+5.92%
2007-107,428.1$7.43T+6.09%
2007-097,413$7.41T+6.63%
2007-087,394.8$7.39T+6.78%
2007-077,318.7$7.32T+6.17%
2007-067,287.8$7.29T+6.36%
2007-057,254.6$7.25T+6.47%
2007-047,240.7$7.24T+6.37%
2007-037,168.2$7.17T+5.89%
2007-027,134.3$7.13T+5.62%
2007-017,118.3$7.12T+5.77%
2006-127,080.1$7.08T+5.87%
2006-117,037.2$7.04T+5.65%
2006-107,001.7$7.00T+5.39%
2006-096,952.4$6.95T+5.18%
2006-086,925.1$6.93T+5.30%
2006-076,893.6$6.89T+5.35%
2006-066,851.8$6.85T+5.22%
2006-056,813.7$6.81T+5.17%
2006-046,806.9$6.81T+5.34%
2006-036,769.3$6.77T+4.98%
2006-026,754.7$6.75T+4.90%
2006-016,730.1$6.73T+4.65%
2005-126,687.8$6.69T+4.10%
2005-116,660.7$6.66T+3.97%
2005-106,643.9$6.64T+4.14%
2005-096,610.1$6.61T+4.06%
2005-086,576.3$6.58T+4.09%
2005-076,543.5$6.54T+4.01%
2005-066,511.7$6.51T+3.72%
2005-056,479$6.48T+3.24%
2005-046,461.8$6.46T+4.24%
2005-036,448.3$6.45T+4.72%
2005-026,438.9$6.44T+5.18%
2005-016,430.8$6.43T+5.73%
2004-126,424.5$6.42T+5.77%
2004-116,406.3$6.41T+5.44%
2004-106,379.8$6.38T+5.10%
2004-096,352.2$6.35T+4.48%
2004-086,317.8$6.32T+3.45%
2004-076,291.1$6.29T+4.00%
2004-066,277.9$6.28T+4.59%
2004-056,275.7$6.28T+5.20%
2004-046,198.9$6.20T+4.97%
2004-036,157.9$6.16T+4.93%
2004-026,121.8$6.12T+4.68%
2004-016,082.1$6.08T+4.65%
2003-126,073.8$6.07T+5.09%
2003-116,075.5$6.08T+5.51%
2003-106,070$6.07T+6.36%
2003-096,079.7$6.08T+7.37%
2003-086,107.1$6.11T+8.31%
2003-076,049.1$6.05T+8.10%
2003-066,002.2$6.00T+8.08%
2003-055,965.3$5.97T+7.90%
2003-045,905.5$5.91T+7.33%
2003-035,868.4$5.87T+6.66%
2003-025,848.2$5.85T+6.52%
2003-015,812.1$5.81T+6.43%
2002-125,779.4$5.78T+6.23%
2002-115,758.1$5.76T+6.88%
2002-105,707.1$5.71T+6.80%
2002-095,662.3$5.66T+5.74%
2002-085,638.3$5.64T+7.52%
2002-075,596$5.60T+7.41%
2002-065,553.3$5.55T+7.20%
2002-055,528.3$5.53T+7.61%
2002-045,502.1$5.50T+7.06%
2002-035,502$5.50T+8.42%
2002-025,490.2$5.49T+9.43%
2002-015,460.9$5.46T+9.69%
2001-125,440.5$5.44T+10.41%
2001-115,387.5$5.39T+10.34%
2001-105,343.8$5.34T+9.70%
2001-095,355.1$5.36T+10.30%
2001-085,243.8$5.24T+8.80%
2001-075,210$5.21T+8.74%
2001-065,180.1$5.18T+8.52%
2001-055,137.2$5.14T+8.02%
2001-045,139.1$5.14T+7.79%
2001-035,074.8$5.07T+7.71%
2001-025,017$5.02T+7.18%
2001-014,978.3$4.98T+6.66%

🤖 API Access

Get this data programmatically — JSON or CSV.

GET /api/money-supply
GET /api/money-supply?format=csv
Last updated: 2026-02-14 • Source: FRED (M2SL) • Updated monthly