It can be seen that the value of the total money supply increased in nearly every quarter during the period observed. The money supply is the number of monetary assets available in an economy. M3, called the "broad money," is the sum of M1 (currency in circulation and overnight deposits), M2 (M1 plus deposits with a maturity of a maximum of two years and deposits redeemable at notice of a maximum of three months), and marketable instruments issued by Monetary Financial Institutions such as repurchase instruments or money market fund units. The 1st quarter of 2014 reached approximately 980 billion zloty; by the 4th quarter of 2023, this had risen to 2.27 trillion zloty.
Total value of money supply of M3 in Poland from the 1st quarter 2014 to 4th quarter 2023
(in trillion zloty)
The source added the following information 'Since January 2005 National Bank of Poland (NBP) presents monetary aggregates basing on the data received from MFIs sector which comprises apart from Polish banks, branches of foreign credit institutions with their registered offices in Poland, branches of foreign banks and also cooperative saving and credit unions and since January 2006 – also money market founds. In June 2005, the NBP redefined the category of dues – interest arrears due was moved from dues to the balance of other (net) items. Since July 2007 NBP has changed the methodology of compiling monetary aggregate – the deposits and other liabilities comprises deposits without an agreed term as well as the methodology of compiling of debt securities with agreed maturity up to 2 years has been changed, appropriate data were corrected since II quarter 2005.'
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Central Statistical Office of Poland. (March 19, 2024). Total value of money supply of M3 in Poland from the 1st quarter 2014 to 4th quarter 2023 (in trillion zloty) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/916899/poland-money-supply/
Central Statistical Office of Poland. "Total value of money supply of M3 in Poland from the 1st quarter 2014 to 4th quarter 2023 (in trillion zloty)." Chart. March 19, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/916899/poland-money-supply/
Central Statistical Office of Poland. (2024). Total value of money supply of M3 in Poland from the 1st quarter 2014 to 4th quarter 2023 (in trillion zloty). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/916899/poland-money-supply/
Central Statistical Office of Poland. "Total Value of Money Supply of M3 in Poland from The 1st Quarter 2014 to 4th Quarter 2023 (in Trillion Zloty)." Statista, Statista Inc., 19 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/916899/poland-money-supply/
Central Statistical Office of Poland, Total value of money supply of M3 in Poland from the 1st quarter 2014 to 4th quarter 2023 (in trillion zloty) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/916899/poland-money-supply/ (last visited November 10, 2024)
Total value of money supply of M3 in Poland from the 1st quarter 2014 to 4th quarter 2023 (in trillion zloty) [Graph], Central Statistical Office of Poland, March 19, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/916899/poland-money-supply/
