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United States: M0 (monetary base)

Millions of local currency · 1800–2025 · 199 observations · M0

2025
5.61 trillionlocal currency
Change on 2024
−3.9%year on year
Average growth, 2015–2025
+3.1%a year

M0 (monetary base)

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10M100M1B10B100B1T10T18001850190019502000United StatesUnited States, 1800: 24.7 millionUnited States, 1810: 51.3 millionUnited States, 1820: 62.5 millionUnited States
Local currency

Compare with other countries →Definition of M0 (monetary base)

Recent values

Millions of local currency

YearValue
20255,613,500
20245,843,300
20235,329,000
20226,103,900
20215,248,000
20203,442,600
20193,346,900
20183,824,800
20173,595,500
20163,792,700

Sources

  • Mitchell1800–2010
  • Jordà-Schularick-Taylor1870–2020
  • Ellison, Lee & O'Rourke1925–1936
  • IMF International Financial Statistics1959–2016
  • Federal Reserve Bank of St. Louis1959–2025

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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