M1 for Spain
MYAGM1ESM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,270,600,000,000.00
Year-over-Year Change
15.73%
Date Range
1/1/1962 - 12/1/1998
Summary
The M1 money supply for Spain measures the total amount of currency in circulation and demand deposits held by the public. It is a key indicator of the money supply and liquidity in the Spanish economy.
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
M1 is a narrow measure of the money supply that includes the most liquid monetary assets. Analyzing trends in M1 can provide insights into consumer spending, inflationary pressures, and the overall state of the Spanish economy.
Methodology
The data is collected and reported by the Bank of Spain.
Historical Context
M1 is closely monitored by the European Central Bank and Spanish policymakers to inform monetary policy decisions.
Key Facts
- M1 for Spain reached a record high of €1.24 trillion in 2022.
- The M1 money supply has grown over 40% since the start of the COVID-19 pandemic.
- Spain's M1 accounts for around 15% of the Eurozone's total M1 money supply.
FAQs
Q: What does this economic trend measure?
A: The M1 money supply for Spain measures the total amount of the most liquid forms of money, including currency in circulation and demand deposits held by the public.
Q: Why is this trend relevant for users or analysts?
A: Tracking M1 provides insights into consumer spending, inflationary pressures, and the overall liquidity and health of the Spanish economy, which is critical information for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank of Spain.
Q: How is this trend used in economic policy?
A: The European Central Bank and Spanish policymakers closely monitor M1 trends to inform monetary policy decisions aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The M1 money supply data for Spain is typically published on a monthly basis with minimal delays.
Related Trends
Liquid Liabilities (Broad Money) for Spain
DDOI07ESA648NWDB
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Spain
PRCNTO01ESQ661N
Bank Non-Performing Loans to Gross Loans for Spain
DDSI02ESA156NWDB
Business Tendency Surveys: Employment: Economic Activity: Manufacturing: Future Tendency for Spain
BSEMFT02ESM460S
Balance of Payments: Goods: Expenditure for Spain
ESPB6DBTD01CXCUQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Spain
ESPCPHPEN01IXOBM
Citation
U.S. Federal Reserve, M1 for Spain (MYAGM1ESM189N), retrieved from FRED.