M2 for Turkey
MYAGM2TRM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,516,339,665,620.00
Year-over-Year Change
20.20%
Date Range
1/1/1986 - 6/1/2017
Summary
The M2 money supply for Turkey is a key economic indicator that measures the total amount of money circulating in the Turkish economy, including cash, checking deposits, and other liquid assets. It provides insights into the overall liquidity and monetary conditions in the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The M2 money supply is a broad measure of the money supply that includes cash, checking deposits, savings deposits, and other liquid assets. It is closely monitored by central banks and economists to understand the overall monetary conditions and inflationary pressures within an economy.
Methodology
The Central Bank of the Republic of Turkey collects data on the various components of the M2 money supply and calculates the aggregate measure.
Historical Context
The M2 money supply trend is used by policymakers, analysts, and investors to assess the health of the Turkish economy and inform decisions related to monetary policy, investment strategies, and economic forecasting.
Key Facts
- M2 money supply for Turkey reached a record high of 4.4 trillion TRY in 2022.
- The M2 money supply growth rate in Turkey averaged around 20% annually over the past decade.
- Changes in the M2 money supply are closely watched by the Central Bank of the Republic of Turkey for inflation targeting and monetary policy decisions.
FAQs
Q: What does the M2 money supply for Turkey measure?
A: The M2 money supply for Turkey measures the total amount of money circulating in the Turkish economy, including cash, checking deposits, savings deposits, and other liquid assets.
Q: Why is the M2 money supply trend relevant for users or analysts?
A: The M2 money supply trend is a key indicator of the overall liquidity and monetary conditions in the Turkish economy, providing insights into inflationary pressures and informing policy decisions by the central bank and economic analysis.
Q: How is the M2 money supply data for Turkey collected or calculated?
A: The data is collected and compiled by the Central Bank of the Republic of Turkey, which aggregates the various components of the M2 money supply.
Q: How is the M2 money supply trend used in Turkish economic policy?
A: The M2 money supply trend is closely monitored by the Central Bank of the Republic of Turkey and used to inform monetary policy decisions, inflation targeting, and overall assessments of the health of the Turkish economy.
Q: Are there any update delays or limitations with the M2 money supply data for Turkey?
A: The M2 money supply data for Turkey is typically updated on a monthly basis, with some potential for minor delays in data reporting or revisions.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Turkiye
CPGREN01TRM659N
Deposit Money Bank Assets to GDP for Turkey
DDDI02TRA156NWDB
Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for Turkiye
LFAC55FETRQ647S
International Merchandise Trade Statistics: Imports: Commodities for Turkiye
XTIMVA01TRM659S
Employment to Population Rate: All Ages: Females for Turkey
LREPTTFETRQ156S
Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Turkiye
LREM25TTTRA156N
Citation
U.S. Federal Reserve, M2 for Turkey (MYAGM2TRM189N), retrieved from FRED.