Afghanistan Broad Money Growth

Annual growth of broad money (M2/M3 equivalent).

Broad Money Growth in Afghanistan increased to 12.06 percent in 2020 from 5.70 percent in 2019.

12.1%
▲ +6.4 pp2020 · previous 5.7%Annual · percent · Source: World Bank — World Development Indicators

Afghanistan Broad Money Growth — History

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Afghanistan Broad Money Growth — analysis in simple words

Latest reading

Broad Money Growth in Afghanistan increased to 12.06 percent in 2020 from 5.70 percent in 2019.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2019) it was 5.7%, so the latest figure is 6.4 percentage points higher.

Over the past five years the average was 6.8%, with a range from 2.6% to 12.1%. The latest value is above that five-year average.

Historical context

This data series starts in 1961 and has 42 annual observations. The latest reading is higher than 36% of all of them.

The highest value on record is 50.7% (1987) and the lowest is -0.4% (1967). The long-run average is 17.3%.

Compared with other countries

Among 150 economies with recent data, Afghanistan ranks 53rd from the top. The median across all these economies is 9.6%, so Afghanistan is above the typical country.

Within Middle East, North Africa, Afghanistan & Pakistan (15 economies with data) it ranks 4th; the regional median is 7.0%.

Statistics

Latest
12.1%2020
Previous
5.7%
5-year average
6.8%
Long-run average
17.3%since 1961
All-time high
50.7%1987
All-time low
-0.4%1967
Observations
42Annual

Recent Data

PeriodValueChange
202012.1%▲ +6.4 pp
20195.7%▲ +3.1 pp
20182.6%▼ −1.5 pp
20174.1%▼ −5.6 pp
20169.7%▲ +6.6 pp
20153.1%▼ −5.1 pp
20148.1%▼ −1.8 pp
20139.9%▲ +1.2 pp
20128.7%▼ −12.6 pp
201121.3%▼ −5.6 pp
201026.9%▼ −6.1 pp
200933.0%▲ +1.7 pp
200831.4%▼ −11.0 pp
200742.4%▲ +1.8 pp
199040.6%▲ +3.4 pp
198937.2%▲ +2.6 pp
198834.5%▼ −16.2 pp
198750.7%▲ +38.4 pp
198612.3%▲ +1.9 pp
198510.4%▼ −7.5 pp
198218.0%▲ +0.5 pp
198117.4%▲ +0.6 pp
198016.9%▼ −1.7 pp
197918.6%▲ +2.3 pp
197816.3%▼ −11.7 pp
197728.0%▲ +3.8 pp
197624.2%▲ +11.7 pp
197512.5%▼ −1.0 pp
197413.5%▲ +5.8 pp
19737.6%

Broad Money Growth — Afghanistan vs Peers

Latest available reading for each economy (periods may differ). Afghanistan highlighted.

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More Afghanistan indicators

Understanding Broad Money Growth — a simple guide

What it measures

The annual growth rate of broad money (currency plus deposits, roughly M2/M3).

How it is calculated

Yearly % change in broad money — cash plus bank deposits.

Simple example

Growth of 10% means money in the economy rose by a tenth in a year.

▲ When it is high or rising

Fast money growth reflects strong credit creation and liquidity.

▼ When it is low or falling

Slow money growth points to tighter liquidity.

Why it matters for the economy and markets

Money growth reflects credit creation and liquidity conditions in the economy.

How to read it

Very fast money growth relative to GDP can precede inflation, but the link is loose in modern economies.

Data source

World Bank — World Development Indicators (series FM.LBL.BMNY.ZG), annual data from 1961 to 2020. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current broad money growth of Afghanistan?
Afghanistan broad money growth was 12.1% in 2020, compared with 5.7% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest broad money growth of Afghanistan?
Since 1961, the highest reading was 50.7% (1987) and the lowest was -0.4% (1967).
What does broad money growth measure?
The annual growth rate of broad money (currency plus deposits, roughly M2/M3).

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.