Broad money growth (annual %) in United Kingdom
United Kingdom: Broad money growth (annual %) was 2.6% in 2024. ◆ Volatile
Broad money growth in United Kingdom, 1961–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2024, broad money growth in United Kingdom stood at 2.6%.
That represents a change of up 197.5% on the previous year and up 201.2% over ten years.
Over the whole period, broad money growth in United Kingdom peaked at 89.3% in 1987 and was at its lowest, -28.6%, in 1992.
United Kingdom ranks 150th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth (annual %) in United Kingdom, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 2.7% | — |
| 1962 | -2.1% | -176.1% |
| 1963 | 8.8% | -523.2% |
| 1964 | 5.5% | -37.8% |
| 1965 | 7.6% | +38.6% |
| 1966 | 3.6% | -52.5% |
| 1967 | 10.8% | +200.0% |
| 1968 | 7.2% | -33.3% |
| 1969 | 3.1% | -56.6% |
| 1970 | 9.4% | +203.1% |
| 1971 | 13.2% | +40.1% |
| 1972 | 27.9% | +111.2% |
| 1973 | 27.5% | -1.3% |
| 1974 | 12.9% | -53.0% |
| 1975 | 7.1% | -44.8% |
| 1976 | 11.6% | +62.1% |
| 1977 | 9.5% | -18.0% |
| 1978 | 14.6% | +53.6% |
| 1979 | 12.5% | -14.3% |
| 1980 | 18.5% | +47.9% |
| 1981 | 25.2% | +36.3% |
| 1982 | 13.7% | -45.8% |
| 1983 | 10.3% | -24.9% |
| 1984 | 11.5% | +12.1% |
| 1985 | 11.2% | -2.3% |
| 1986 | 22.6% | +100.7% |
| 1987 | 89.3% | +295.9% |
| 1988 | 16.7% | -81.3% |
| 1989 | 20.1% | +20.7% |
| 1990 | 10.5% | -47.7% |
| 1991 | 1.7% | -84.2% |
| 1992 | -28.6% | -1823.1% |
| 1993 | 4.7% | -116.4% |
| 1994 | 7.7% | +63.0% |
| 1995 | 20.3% | +165.1% |
| 1996 | 14.5% | -28.5% |
| 1997 | 25.5% | +75.8% |
| 1998 | 20.8% | -18.3% |
| 1999 | 4.4% | -78.9% |
| 2000 | 11.1% | +151.6% |
| 2001 | 8.8% | -20.2% |
| 2002 | 5.0% | -43.4% |
| 2003 | 9.8% | +96.2% |
| 2004 | 9.8% | +0.2% |
| 2005 | 13.8% | +41.0% |
| 2006 | 14.1% | +1.8% |
| 2007 | 15.8% | +12.2% |
| 2008 | 17.8% | +12.6% |
| 2009 | -0.1% | -100.4% |
| 2010 | 4.0% | -6225.8% |
| 2011 | -4.4% | -210.7% |
| 2012 | 0.8% | -117.4% |
| 2013 | 2.1% | +173.0% |
| 2014 | -2.5% | -220.6% |
| 2015 | 2.0% | -177.9% |
| 2016 | 8.7% | +341.5% |
| 2017 | 8.3% | -4.8% |
| 2018 | 5.3% | -36.1% |
| 2019 | -1.4% | -125.7% |
| 2020 | 9.7% | -811.5% |
| 2021 | 9.7% | +0.3% |
| 2022 | 8.6% | -11.6% |
| 2023 | -2.6% | -130.6% |
| 2024 | 2.6% | -197.5% |
United Kingdom compared with similar countries
- United Kingdom's 2.6% is below the median for high income countries, which is 5.9%, 43% of the median. (41 countries reporting)
- United Kingdom's 2.6% is below the median for Europe & Central Asia, which is 9.8%, 26% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) in United Kingdom changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +6225.8% | -0.1% | 4.0% |
| 1992 | -1823.1% | 1.7% | -28.6% |
| 2020 | +811.5% | -1.4% | 9.7% |
| 1963 | +523.2% | -2.1% | 8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.2% | -2.1% | 10.8% | 9 |
| 1970s | 14.6% | 7.1% | 27.9% | 10 |
| 1980s | 23.9% | 10.3% | 89.3% | 10 |
| 1990s | 8.1% | -28.6% | 25.5% | 10 |
| 2000s | 10.6% | -0.1% | 17.8% | 10 |
| 2010s | 2.3% | -4.4% | 8.7% | 10 |
| 2020s | 5.6% | -2.6% | 9.7% | 5 |
Countries ranked near United Kingdom
More financial sector data for United Kingdom
- Reserve position in the IMF, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 104.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.29 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 76.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 104.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.29 % change on previous year (2025)
Frequently asked questions
- What is broad money growth in United Kingdom?
- Broad money growth in United Kingdom was 2.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in United Kingdom?
- The highest recorded value was 89.3% in 1987.
- What is the lowest broad money growth recorded in United Kingdom?
- The lowest recorded value was -28.6% in 1992.
- How does United Kingdom rank for broad money growth?
- United Kingdom ranks 150th out of 167 countries with data for 2024.
- Is broad money growth rising or falling in United Kingdom?
- Over the last ten years it is up 201.2%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.