M2INDEX/1.0WORLD MONEY SUPPLY MONITOR — 159 ECONOMIES ONLINE UTC

China vs Russia money supply

◄──►
$42.64T
GROWTH/YR
● 9.6%
DOUBLES IN
7.57Y
RANK BY SIZE
#1
OBSERVATION 2024 · ANNUAL · WORLD BANK FM.LBL.BMNY.CN (ANNUAL)
$1.09T
GROWTH/YR
▲ 11.8%
DOUBLES IN
6.21Y
RANK BY SIZE
#13
OBSERVATION ▲ 2021-11 · MONTHLY · IMF MFS_MA/BM_MAI
⚠ OBSERVATION DATES DIFFER (2024 VS 2021-11). THE GAP MAY BE LARGER TODAY — THESE ARE NOT SIMULTANEOUS SNAPSHOTS.
BOTH SERIES, ONE GRID — USD— CHINA  — RUSSIA
20002024

Native-currency series are rescaled by each economy's own latest USD ratio: the shape of the line is exact, the level of older points is approximate. Use the country pages for the source figures.

THE DIFFERENCE

CHINA's money stock is 97.4% larger than RUSSIA's — $42.64T against $1.09T. At their current rates (9.6% and 11.8% a year) China doubles in 7.57Y and Russia in 6.21Y.

⚠ NOT A WEALTH RANKING

"So the bigger number is the richer country?" No. Broad money counts deposits and currency outstanding, not wealth, not output and not purchasing power. A country can have a large money stock and a poor population, and the reverse. It is also not comparable to GDP, and the two series here are measured on different dates by different agencies.

[ CHINA VS UNITED STATES ][ CHINA VS EURO AREA ][ CHINA VS JAPAN ][ CHINA VS UNITED KINGDOM ][ CHINA VS CANADA ][ FULL RANKING ]