Monetary Aggregates and Their Components: Broad Money and Components: M3 for Turkey
MABMM301TRQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,980,495,369,809.95
Year-over-Year Change
61.57%
Date Range
10/1/1979 - 10/1/2018
Summary
The M3 monetary aggregate for Turkey measures a broad measure of money supply, including currency in circulation, transferable deposits, and other longer-term deposits. It is a key indicator for monetary policy and economic analysis.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The M3 monetary aggregate is a comprehensive measure of the money supply in Turkey, including physical currency, transferable deposits, and other forms of near-money. It is closely monitored by the Central Bank of the Republic of Turkey as a gauge of economic activity and inflation pressures.
Methodology
The data is collected and calculated by the Central Bank of the Republic of Turkey.
Historical Context
The M3 monetary aggregate is used by policymakers and analysts to assess the Turkish economy's monetary conditions and inflationary trends.
Key Facts
- M3 is the broadest measure of money supply in Turkey.
- M3 includes currency, transferable deposits, and other longer-term deposits.
- The Central Bank of Turkey monitors M3 to assess economic and inflationary conditions.
FAQs
Q: What does this economic trend measure?
A: The M3 monetary aggregate measures a broad definition of the money supply in Turkey, including physical currency, transferable deposits, and other longer-term deposit accounts.
Q: Why is this trend relevant for users or analysts?
A: The M3 money supply trend is a key indicator used by policymakers and economists to gauge economic activity, inflationary pressures, and the overall monetary conditions in Turkey.
Q: How is this data collected or calculated?
A: The data for the M3 monetary aggregate in Turkey is collected and calculated by the Central Bank of the Republic of Turkey.
Q: How is this trend used in economic policy?
A: The M3 money supply trend is closely monitored by the Central Bank of Turkey and is used to inform monetary policy decisions and assess the overall health of the Turkish economy.
Q: Are there update delays or limitations?
A: The M3 data is published by the Central Bank of Turkey on a regular basis, but there may be some delays in data availability depending on the release schedule.
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Citation
U.S. Federal Reserve, Monetary Aggregates and Their Components: Broad Money and Components: M3 for Turkey (MABMM301TRQ189S), retrieved from FRED.