Growth rate of money

Definition

The growth rate of money refers to the percentage change in the total supply of money in an economy over a specific period, usually measured annually. It represents how fast or slow the quantity of money circulating in an economy is increasing.

Related terms

Money Supply: The total amount of currency and other liquid instruments available within an economy at a given time.

Central Bank: The financial institution responsible for managing a country's money supply, controlling interest rates, and regulating commercial banks.

Monetary Policy: The actions taken by the central bank to influence the availability and cost of money in order to achieve macroeconomic objectives.