Local M2SGD
Trend estimate
–1K SGDReference month: 2026-06. 892.4B SGD
Change per second: – SGD
Reference month: 2026-06 · Year-on-year: 4.02%
Source ↗Has your money kept pace?
Explore money supply, prices and the changing value of your currency.
Money supply in motion
US M2USD
Trend estimate
–1K USDReference month: 2026-07. 23.22T USD
Change per second: – USD
Reference month: 2026-07 · Year-on-year: 5.41%
Source ↗Trend projection using each series’ latest reference-month total and year-on-year growth, compounded continuously from the following month’s start (00:00 UTC) to the displayed time. Continues between visits and rebases when new data is published on this site; revisions may cause jumps. Not a live measurement or an official forecast.
Coverage: 2021-07 → 2026-04
Local M2
897.54B SGD
2026-04 · Year-on-year: +5.5%
View data table
| Month | Local M2 |
|---|---|
| 2021-07 | 710.27B SGD |
| 2021-08 | 717.38B SGD |
| 2021-09 | 722.36B SGD |
| 2021-10 | 722.34B SGD |
| 2021-11 | 729.44B SGD |
| 2021-12 | 733.32B SGD |
| 2022-01 | 734.34B SGD |
| 2022-02 | 737.73B SGD |
| 2022-03 | 751.69B SGD |
| 2022-04 | 761.38B SGD |
| 2022-05 | 758.91B SGD |
| 2022-06 | 759.34B SGD |
| 2022-07 | 757.32B SGD |
| 2022-08 | 753.3B SGD |
| 2022-09 | 750.71B SGD |
| 2022-10 | 744.75B SGD |
| 2022-11 | 741.27B SGD |
| 2022-12 | 746.56B SGD |
| 2023-01 | 747.02B SGD |
| 2023-02 | 755.34B SGD |
| 2023-03 | 769.94B SGD |
| 2023-04 | 775.47B SGD |
| 2023-05 | 782.45B SGD |
| 2023-06 | 783.96B SGD |
| 2023-07 | 781.08B SGD |
| 2023-08 | 785.13B SGD |
| 2023-09 | 782.28B SGD |
| 2023-10 | 781.94B SGD |
| 2023-11 | 780.38B SGD |
| 2023-12 | 781.27B SGD |
| 2024-01 | 786.71B SGD |
| 2024-02 | 785.71B SGD |
| 2024-03 | 793.63B SGD |
| 2024-04 | 799.91B SGD |
| 2024-05 | 798.02B SGD |
| 2024-06 | 795.45B SGD |
| 2024-07 | 794.23B SGD |
| 2024-08 | 795.19B SGD |
| 2024-09 | 805.65B SGD |
| 2024-10 | 817.73B SGD |
| 2024-11 | 823.41B SGD |
| 2024-12 | 828.32B SGD |
| 2025-01 | 833.77B SGD |
| 2025-02 | 835.56B SGD |
| 2025-03 | 840.64B SGD |
| 2025-04 | 851.04B SGD |
| 2025-05 | 856.17B SGD |
| 2025-06 | 857.88B SGD |
| 2025-07 | 867.59B SGD |
| 2025-08 | 870.81B SGD |
| 2025-09 | 874.2B SGD |
| 2025-10 | 875.43B SGD |
| 2025-11 | 870.18B SGD |
| 2025-12 | 879.79B SGD |
| 2026-01 | 876.23B SGD |
| 2026-02 | 878.51B SGD |
| 2026-03 | 887.33B SGD |
| 2026-04 | 897.54B SGD |
US M2
22.76T USD
2026-04 · Year-on-year: +4.5%
View data table
| Month | US M2 |
|---|---|
| 2021-07 | 20.63T USD |
| 2021-08 | 20.84T USD |
| 2021-09 | 20.99T USD |
| 2021-10 | 21.16T USD |
| 2021-11 | 21.34T USD |
| 2021-12 | 21.5T USD |
| 2022-01 | 21.65T USD |
| 2022-02 | 21.73T USD |
| 2022-03 | 21.79T USD |
| 2022-04 | 21.77T USD |
| 2022-05 | 21.72T USD |
| 2022-06 | 21.65T USD |
| 2022-07 | 21.65T USD |
| 2022-08 | 21.64T USD |
| 2022-09 | 21.54T USD |
| 2022-10 | 21.46T USD |
| 2022-11 | 21.41T USD |
| 2022-12 | 21.29T USD |
| 2023-01 | 21.27T USD |
| 2023-02 | 21.24T USD |
| 2023-03 | 20.94T USD |
| 2023-04 | 20.76T USD |
| 2023-05 | 20.83T USD |
| 2023-06 | 20.8T USD |
| 2023-07 | 20.79T USD |
| 2023-08 | 20.78T USD |
| 2023-09 | 20.75T USD |
| 2023-10 | 20.74T USD |
| 2023-11 | 20.75T USD |
| 2023-12 | 20.78T USD |
| 2024-01 | 20.84T USD |
| 2024-02 | 20.92T USD |
| 2024-03 | 20.97T USD |
| 2024-04 | 20.96T USD |
| 2024-05 | 21.02T USD |
| 2024-06 | 21.07T USD |
| 2024-07 | 21.1T USD |
| 2024-08 | 21.19T USD |
| 2024-09 | 21.28T USD |
| 2024-10 | 21.34T USD |
| 2024-11 | 21.45T USD |
| 2024-12 | 21.49T USD |
| 2025-01 | 21.54T USD |
| 2025-02 | 21.61T USD |
| 2025-03 | 21.68T USD |
| 2025-04 | 21.77T USD |
| 2025-05 | 21.84T USD |
| 2025-06 | 21.94T USD |
| 2025-07 | 22.03T USD |
| 2025-08 | 22.09T USD |
| 2025-09 | 22.18T USD |
| 2025-10 | 22.25T USD |
| 2025-11 | 22.28T USD |
| 2025-12 | 22.36T USD |
| 2026-01 | 22.41T USD |
| 2026-02 | 22.6T USD |
| 2026-03 | 22.64T USD |
| 2026-04 | 22.76T USD |
Start at 100
Local M2 · US M2 · US M2 in local currency
View data table
| Month | Local M2 | US M2 | US M2 in local currency |
|---|---|---|---|
| 2021-07 | 100 | 100 | 100 |
| 2021-08 | 101 | 101 | 101 |
| 2021-09 | 101.7 | 101.7 | 101.2 |
| 2021-10 | 101.7 | 102.6 | 102.2 |
| 2021-11 | 102.7 | 103.4 | 103.5 |
| 2021-12 | 103.2 | 104.2 | 104.8 |
| 2022-01 | 103.4 | 104.9 | 104.5 |
| 2022-02 | 103.9 | 105.3 | 104.6 |
| 2022-03 | 105.8 | 105.6 | 105.9 |
| 2022-04 | 107.2 | 105.5 | 106.4 |
| 2022-05 | 106.8 | 105.3 | 107.4 |
| 2022-06 | 106.9 | 104.9 | 107.2 |
| 2022-07 | 106.6 | 104.9 | 108 |
| 2022-08 | 106.1 | 104.9 | 107.1 |
| 2022-09 | 105.7 | 104.4 | 109 |
| 2022-10 | 104.9 | 104 | 109.2 |
| 2022-11 | 104.4 | 103.8 | 106.2 |
| 2022-12 | 105.1 | 103.2 | 102.9 |
| 2023-01 | 105.2 | 103.1 | 100.8 |
| 2023-02 | 106.3 | 103 | 101.2 |
| 2023-03 | 108.4 | 101.5 | 100.4 |
| 2023-04 | 109.2 | 100.6 | 98.9 |
| 2023-05 | 110.2 | 101 | 99.8 |
| 2023-06 | 110.4 | 100.8 | 100.1 |
| 2023-07 | 110 | 100.8 | 99.1 |
| 2023-08 | 110.5 | 100.7 | 100.4 |
| 2023-09 | 110.1 | 100.6 | 101.2 |
| 2023-10 | 110.1 | 100.5 | 101.5 |
| 2023-11 | 109.9 | 100.6 | 100 |
| 2023-12 | 110 | 100.7 | 99 |
| 2024-01 | 110.8 | 101 | 99.6 |
| 2024-02 | 110.6 | 101.4 | 100.6 |
| 2024-03 | 111.7 | 101.6 | 100.5 |
| 2024-04 | 112.6 | 101.6 | 101.7 |
| 2024-05 | 112.4 | 101.9 | 101.6 |
| 2024-06 | 112 | 102.1 | 101.9 |
| 2024-07 | 111.8 | 102.3 | 101.5 |
| 2024-08 | 112 | 102.7 | 99.7 |
| 2024-09 | 113.4 | 103.1 | 98.6 |
| 2024-10 | 115.1 | 103.4 | 100 |
| 2024-11 | 115.9 | 104 | 102.6 |
| 2024-12 | 116.6 | 104.2 | 103.8 |
| 2025-01 | 117.4 | 104.4 | 104.8 |
| 2025-02 | 117.6 | 104.7 | 104 |
| 2025-03 | 118.4 | 105.1 | 103.6 |
| 2025-04 | 119.8 | 105.5 | 103 |
| 2025-05 | 120.5 | 105.8 | 101.1 |
| 2025-06 | 120.8 | 106.4 | 100.6 |
| 2025-07 | 122.1 | 106.8 | 101 |
| 2025-08 | 122.6 | 107.1 | 101.5 |
| 2025-09 | 123.1 | 107.5 | 101.9 |
| 2025-10 | 123.3 | 107.9 | 103.1 |
| 2025-11 | 122.5 | 108 | 103.8 |
| 2025-12 | 123.9 | 108.4 | 103.2 |
| 2026-01 | 123.4 | 108.6 | 102.6 |
| 2026-02 | 123.7 | 109.5 | 102.4 |
| 2026-03 | 124.9 | 109.7 | 103.6 |
| 2026-04 | 126.4 | 110.3 | 103.8 |
US benchmarks first convert the starting amount into US dollars, apply the US M2 or CPI ratio, then convert at the ending exchange rate. Currency movements therefore affect the local-currency answer.
Calculators
SGDGovernment & household debt
Debt data & sources →Published balances, not live counters. Dates and coverage differ. Gross debt does not deduct assets; these figures alone do not measure financial health.
Government debt
Central government
1.31T SGD1,311.126billionSGD
Observation date:
Year-on-year: 3.58%
Household debt
Household borrowing from domestic banks (limited coverage)
347.44B SGD347.443billionSGD
Observation date:
Year-on-year: 7.21%
Why the results differ
M2 measures a stock of broad money. Scaling an amount by the M2 ratio preserves its mathematical share of that aggregate; it does not measure the cost of a household shopping basket.
CPI tracks the average price of a defined basket of goods and services. The result estimates an equivalent basket cost, not your personal cost of living. National baskets and money definitions differ.
Notes
Practical explanations of money supply, prices and exchange rates, with sources and calculators.
M2 or CPI: what does “the value of SGD” actually mean?
Compare money-supply share and consumer purchasing power, with a worked example and a checklist for reading SGD calculations.
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