Japan Money Supply M1, M2, M3

Name: Japan Money Supply M1, M2, M3
Creator: Bank of Japan – Time-Series Data Search
License: https://creativecommons.org/licenses/by/4.0/

Money stock aggregates M1, M2, M3 and L (broadly defined liquidity) by component and holder, average amounts outstanding and year-on-year changes, since April 2003. 42 series.

Source: Bank of Japan – Time-Series Data SearchLast updated: Sep 22, 2026, 13:17Curated by Bui Thanh PhucAbout this data ↓

Indicator	08-2026	07-2026	06-2026	05-2026	04-2026	03-2026	02-2026	01-2026	12-2025	11-2025	10-2025	09-2025	08-2025	07-2025	06-2025	05-2025	04-2025	03-2025	02-2025	01-2025	12-2024	11-2024	10-2024	09-2024	08-2024	07-2024	06-2024	05-2024	04-2024	03-2024	02-2024	01-2024	12-2023	11-2023	10-2023	09-2023	08-2023
M2 / Average Amounts Outstanding	12,963,895	12,966,394	12,961,165	12,980,903	12,956,204	12,795,037	12,747,324	12,790,600	12,788,812	12,766,606	12,701,907	12,708,414	12,712,263	12,696,074	12,681,235	12,670,390	12,661,743	12,546,086	12,532,272	12,594,544	12,576,036	12,549,271	12,500,641	12,517,047	12,548,351	12,569,139	12,574,420	12,588,866	12,599,890	12,443,081	12,387,111	12,430,886	12,409,742	12,399,055	12,353,137	12,363,619	12,385,266
M3 / Average Amounts Outstanding3	16,399,878	16,408,698	16,397,677	16,419,179	16,406,724	16,251,698	16,220,777	16,272,722	16,274,152	16,243,884	16,184,751	16,194,216	16,202,040	16,190,628	16,155,335	16,141,569	16,140,731	16,028,913	16,033,367	16,107,690	16,097,395	16,058,938	16,013,877	16,034,743	16,074,101	16,101,589	16,094,805	16,105,945	16,125,694	15,972,247	15,928,651	15,981,678	15,962,439	15,943,279	15,905,213	15,918,249	15,943,646
M1 / Average Amounts Outstanding2	10,874,678	10,914,863	10,972,346	11,032,731	11,031,918	10,894,994	10,867,556	10,924,942	10,908,947	10,850,470	10,814,821	10,838,397	10,882,193	10,894,655	10,956,686	10,999,562	11,016,430	10,941,288	10,919,164	10,973,524	10,969,519	10,913,656	10,884,697	10,920,864	10,961,652	10,969,025	10,988,661	11,034,367	11,085,392	10,926,868	10,831,498	10,858,690	10,826,276	10,762,053	10,723,802	10,722,400	10,725,889
Currency in Circulation / Average Amounts Outstanding	1,098,980	1,099,151	1,095,681	1,102,474	1,105,664	1,109,670	1,112,946	1,122,937	1,123,507	1,108,352	1,108,277	1,108,760	1,113,894	1,112,682	1,109,404	1,114,052	1,117,879	1,122,103	1,123,968	1,135,095	1,136,303	1,121,340	1,123,840	1,126,191	1,131,842	1,132,948	1,132,935	1,141,369	1,147,757	1,151,705	1,154,491	1,165,574	1,167,685	1,151,588	1,152,143	1,152,002	1,155,804
Deposit Money / Average Amounts Outstanding2	9,775,698	9,815,712	9,876,665	9,930,257	9,926,254	9,785,324	9,754,610	9,802,005	9,785,440	9,742,118	9,706,544	9,729,637	9,768,299	9,781,973	9,847,282	9,885,510	9,898,551	9,819,185	9,795,196	9,838,429	9,833,216	9,792,316	9,760,857	9,794,673	9,829,810	9,836,077	9,855,726	9,892,998	9,937,635	9,775,163	9,677,007	9,693,116	9,658,591	9,610,465	9,571,659	9,570,398	9,570,085
Corporations / Deposit Money / Average Amounts Outstanding		2,903,211	2,979,780	3,073,239	3,007,294	2,918,964	2,876,122	2,883,382	2,876,173	2,922,871	2,881,095	2,864,671	2,883,685	2,888,373	2,965,102	3,041,527	2,994,498	2,961,058	2,934,711	2,943,742	2,936,426	2,974,917	2,949,200	2,956,212	2,979,033	2,963,734	3,015,423	3,110,097	3,106,894	3,017,901	2,943,563	2,956,743	2,945,233	2,981,895	2,955,356	2,939,010	2,944,617
Households / Deposit Money / Average Amounts Outstanding		6,670,502	6,613,000	6,605,369	6,650,761	6,634,859	6,674,682	6,704,738	6,682,671	6,596,183	6,610,387	6,613,178	6,637,999	6,642,404	6,584,141	6,577,780	6,617,183	6,608,287	6,635,342	6,659,421	6,655,425	6,574,529	6,581,256	6,577,052	6,603,161	6,610,261	6,530,913	6,496,585	6,527,248	6,491,784	6,496,405	6,486,277	6,457,670	6,367,589	6,371,030	6,358,309	6,360,760
Quasi-money / Average Amounts Outstanding2	5,311,926	5,275,188	5,188,115	5,168,251	5,153,550	5,129,136	5,120,221	5,115,145	5,131,292	5,142,185	5,133,035	5,115,145	5,088,027	5,070,479	4,970,015	4,928,039	4,904,506	4,873,709	4,896,038	4,904,289	4,892,053	4,898,989	4,890,701	4,866,356	4,872,525	4,890,988	4,863,786	4,843,954	4,808,037	4,784,262	4,829,906	4,845,426	4,844,472	4,872,603	4,883,181	4,884,965	4,902,275
Corporations / Quasi-money / Average Amounts Outstanding		1,373,339	1,327,340	1,352,808	1,348,982	1,318,499	1,290,422	1,268,388	1,280,915	1,295,990	1,284,311	1,259,315	1,241,993	1,229,778	1,171,353	1,171,449	1,152,032	1,112,216	1,100,155	1,088,455	1,081,431	1,096,762	1,090,553	1,058,348	1,053,380	1,060,374	1,057,941	1,061,286	1,018,624	968,480	972,966	967,341	955,082	969,776	964,565	945,376	943,408
Households / Quasi-money / Average Amounts Outstanding		3,626,600	3,619,803	3,618,569	3,614,845	3,614,503	3,611,100	3,611,005	3,611,983	3,609,008	3,611,479	3,613,460	3,605,860	3,594,615	3,578,308	3,568,702	3,564,107	3,564,223	3,572,641	3,579,464	3,573,227	3,569,541	3,572,575	3,579,118	3,586,843	3,596,277	3,597,514	3,606,318	3,615,037	3,631,537	3,651,418	3,664,614	3,673,495	3,687,542	3,704,913	3,722,067	3,737,524
Certificates of Deposit (CDs) / Average Amounts Outstanding2	213,274	218,647	237,216	218,197	221,256	227,568	233,000	232,635	233,913	251,229	236,895	240,674	231,820	225,494	228,634	213,968	219,795	213,916	218,165	229,877	235,823	246,293	238,479	247,523	239,924	241,576	242,358	227,624	232,265	261,117	267,247	277,562	291,691	308,623	298,230	310,884	315,482
Corporations / Certificates of Deposit (CDs) / Average Amounts Outstanding		148,017	153,369	158,714	158,954	162,468	163,964	160,493	154,176	171,501	166,961	160,640	154,645	145,930	141,747	149,565	153,613	142,061	140,442	144,915	143,798	151,655	151,087	149,125	144,073	143,989	142,781	157,875	162,449	191,279	191,072	193,506	201,548	215,413	211,865	212,732	220,076
Households / Certificates of Deposit (CDs) / Average Amounts Outstanding		33	33	33	35	36	62	50	45	42	29	30	32	33	33	34	148	233	237	238	216	135	56	42	41	40	40	45	47	50	54	59	60	62	63	64	64
L / Average Amounts Outstanding7	23,427,480	23,414,620	23,359,246	23,341,984	23,088,086	22,677,845	22,624,224	22,653,305	22,625,268	22,569,420	22,482,077	22,467,238	22,448,957	22,404,547	22,329,803	22,287,616	22,229,697	22,057,445	22,045,841	22,103,945	22,080,315	22,029,848	21,963,643	21,967,863	21,983,201	21,990,104	21,939,675	21,895,500	21,668,596	21,275,398	21,212,192	21,232,340	21,195,559	21,169,193	21,120,982	21,130,765	21,155,252
Pecuniary Trusts / Average Amounts Outstanding	4,911,378	4,908,878	4,893,646	4,883,025	4,656,482	4,426,863	4,428,565	4,427,315	4,420,231	4,409,844	4,400,557	4,398,477	4,385,209	4,360,451	4,338,024	4,327,833	4,288,841	4,254,076	4,259,943	4,259,335	4,260,283	4,253,637	4,240,117	4,235,099	4,226,429	4,220,568	4,208,757	4,194,941	3,980,636	3,761,438	3,751,470	3,737,762	3,725,433	3,710,230	3,705,775	3,711,889	3,720,965
Investment Trusts / Average Amounts Outstanding	1,275,973	1,260,043	1,241,580	1,227,164	1,217,263	1,205,626	1,193,020	1,175,250	1,157,529	1,147,767	1,139,501	1,130,092	1,120,600	1,113,755	1,107,659	1,102,068	1,094,858	1,083,340	1,073,178	1,061,318	1,049,441	1,042,015	1,036,840	1,030,813	1,023,120	1,014,076	1,001,841	990,667	982,517	974,515	964,843	951,641	943,699	943,688	942,171	935,631	927,555
Bank Debentures / Average Amounts Outstanding	27,587	27,502	27,953	28,108	28,306	28,179	27,237	27,550	27,776	27,847	27,794	27,375	26,621	26,642	26,664	26,788	27,306	27,265	27,381	27,637	27,473	27,632	27,291	27,018	27,383	27,658	27,535	27,494	27,634	27,708	27,622	27,787	27,906	27,963	28,123	28,195	28,242
Straight Bonds issued by Banks / Average Amounts Outstanding	2,563	2,439	2,333	2,357	1,998	1,657	1,652	1,284	994	1,136	1,228	1,234	1,291	1,766	2,112	2,027	2,108	2,255	2,348	2,285	2,240	2,291	2,189	2,128	2,158	1,814	1,079	631	660	643	495	371	401	536	469	303	221
Commercial Paper Issued by Financial Institutions / Average Amounts Outstanding	407	464	354	529	554	255	302	305	315	167	2	40	108	132	35	90	125	47	87	97	28	69	77	27	26	183	30	30	67	74	26	72	82	42	108	228	2,115
Government Securities / Average Amounts Outstanding	478,229	472,380	467,142	459,703	451,782	442,165	431,052	422,123	417,623	415,652	412,516	408,235	403,599	397,417	390,065	377,887	362,818	351,507	344,261	337,756	336,200	336,084	334,293	333,228	321,981	307,138	289,471	267,161	248,727	240,998	242,335	243,107	242,587	240,963	240,394	238,909	235,434
Foreign Bonds / Average Amounts Outstanding	331,465	334,216	328,561	321,919	324,977	321,402	321,619	326,756	326,648	323,123	315,728	307,569	309,489	313,756	309,909	309,354	312,910	310,042	305,276	307,827	307,255	309,182	308,959	304,807	308,003	317,078	316,157	308,631	302,661	297,775	296,750	289,922	293,012	302,492	298,729	297,361	297,074
L / Average Amounts Outstanding / Seasonally Adjusted	23,373,326	23,337,127	23,297,479	23,283,525	23,052,983	22,795,561	22,733,468	22,674,445	22,630,959	22,575,585	22,516,629	22,460,688	22,396,440	22,326,282	22,266,682	22,227,134	22,193,733	22,171,192	22,155,155	22,128,270	22,089,188	22,040,635	22,000,465	21,964,081	21,930,432	21,905,985	21,869,608	21,829,808	21,631,673	21,387,414	21,323,627	21,263,073	21,207,797	21,182,183	21,154,770	21,126,690	21,102,339
M2 / Average Amounts Outstanding / Seasonally Adjusted	12,945,659	12,932,213	12,914,847	12,924,478	12,888,677	12,856,236	12,822,676	12,796,400	12,797,954	12,777,032	12,749,740	12,725,922	12,693,940	12,659,240	12,633,156	12,610,247	12,590,265	12,607,920	12,610,782	12,604,793	12,588,535	12,562,235	12,549,670	12,536,021	12,529,040	12,526,704	12,520,954	12,521,714	12,523,085	12,509,167	12,472,195	12,448,727	12,426,622	12,413,270	12,400,548	12,381,713	12,364,603
M3 / Average Amounts Outstanding / Seasonally Adjusted2	16,377,129	16,368,167	16,365,276	16,382,941	16,355,280	16,324,991	16,293,668	16,266,047	16,264,127	16,249,688	16,227,310	16,207,657	16,179,134	16,147,292	16,119,294	16,099,857	16,082,542	16,100,802	16,109,512	16,106,882	16,093,658	16,069,987	16,059,801	16,050,893	16,049,706	16,052,217	16,049,364	16,054,650	16,059,081	16,046,842	16,012,252	15,991,169	15,966,233	15,959,330	15,951,759	15,934,498	15,916,935
M1 / Average Amounts Outstanding / Seasonally Adjusted2	10,890,183	10,919,388	10,922,600	10,937,435	10,927,126	10,897,387	10,907,325	10,917,208	10,910,453	10,905,643	10,900,266	10,895,205	10,896,370	10,895,652	10,903,352	10,899,995	10,907,136	10,948,242	10,967,624	10,972,574	10,975,516	10,970,244	10,969,075	10,974,996	10,972,536	10,961,833	10,930,823	10,927,354	10,970,867	10,943,114	10,892,051	10,867,178	10,838,477	10,817,717	10,801,397	10,771,965	10,733,080
Currency in Circulation / Average Amounts Outstanding / Seasonally Adjusted	1,100,472	1,102,660	1,102,510	1,105,392	1,105,712	1,107,396	1,109,489	1,111,123	1,112,203	1,112,655	1,113,051	1,113,894	1,115,510	1,115,818	1,116,475	1,116,851	1,117,789	1,119,889	1,120,884	1,123,032	1,124,428	1,125,920	1,128,777	1,131,495	1,133,708	1,135,657	1,140,197	1,143,980	1,147,438	1,149,669	1,151,994	1,153,332	1,155,231	1,156,279	1,157,210	1,157,476	1,157,731
Deposit Money / Average Amounts Outstanding / Seasonally Adjusted	9,792,029	9,818,087	9,821,909	9,836,147	9,815,102	9,783,832	9,796,063	9,805,734	9,799,418	9,794,659	9,788,731	9,782,813	9,782,198	9,780,357	9,788,046	9,785,846	9,784,570	9,824,647	9,844,355	9,850,080	9,852,583	9,845,798	9,841,612	9,844,445	9,839,531	9,826,089	9,791,277	9,784,732	9,820,785	9,791,999	9,736,652	9,714,689	9,684,351	9,662,443	9,645,000	9,615,050	9,575,654
Quasi-money / Average Amounts Outstanding / Seasonally Adjusted	5,276,875	5,238,579	5,198,887	5,208,212	5,202,595	5,179,584	5,134,616	5,110,429	5,129,612	5,116,677	5,101,151	5,087,813	5,056,522	5,036,106	4,977,869	4,966,160	4,950,424	4,918,618	4,909,215	4,899,702	4,889,000	4,874,791	4,861,622	4,845,048	4,845,786	4,860,226	4,868,429	4,879,536	4,851,987	4,824,053	4,840,680	4,840,818	4,840,676	4,849,855	4,856,633	4,865,027	4,877,490
M3 / Amounts Outstanding at End of Period3		16,475,592	16,507,458	16,519,702	16,529,599	16,409,804	16,364,719	16,312,723	16,350,420	16,357,403	16,277,730	16,227,283	16,300,758	16,243,360	16,249,801	16,232,536	16,223,944	16,159,411	16,120,356	16,123,904	16,198,531	16,154,922	16,107,238	16,057,260	16,143,653	16,147,993	16,206,611	16,108,055	16,218,601	16,126,910	16,002,833	15,989,704	16,037,953	15,980,579	15,979,239	15,945,303	15,985,192
M1 / Amounts Outstanding at End of Period2		10,999,519	11,083,593	11,161,142	11,158,796	11,135,431	11,026,956	10,992,754	11,020,383	10,977,403	10,916,965	10,927,905	10,971,621	10,938,995	11,099,946	11,095,532	11,109,212	11,114,194	11,029,115	11,003,305	11,075,874	11,025,340	10,986,973	10,983,016	11,058,528	11,025,984	11,103,605	11,053,453	11,161,893	11,145,327	10,923,980	10,877,026	10,920,573	10,871,562	10,800,604	10,770,236	10,793,544
Currency in Circulation / Amounts Outstanding at End of Period		1,100,333	1,099,976	1,099,933	1,111,058	1,105,228	1,117,673	1,116,820	1,142,790	1,112,391	1,112,393	1,106,934	1,116,152	1,113,062	1,115,006	1,111,967	1,121,585	1,119,764	1,128,768	1,126,903	1,156,166	1,125,253	1,125,165	1,124,512	1,132,250	1,131,912	1,139,041	1,136,869	1,151,655	1,152,956	1,156,168	1,156,587	1,189,338	1,153,465	1,154,349	1,153,925	1,155,662
Deposit Money / Amounts Outstanding at End of Period2		9,899,186	9,983,617	10,061,209	10,047,738	10,030,203	9,909,283	9,875,934	9,877,593	9,865,012	9,804,572	9,820,971	9,855,469	9,825,933	9,984,940	9,983,565	9,987,627	9,994,430	9,900,347	9,876,402	9,919,708	9,900,087	9,861,808	9,858,504	9,926,278	9,894,072	9,964,564	9,916,584	10,010,238	9,992,371	9,767,812	9,720,439	9,731,235	9,718,097	9,646,255	9,616,311	9,637,882
Corporations / Deposit Money / Amounts Outstanding at End of Period		3,007,451	3,043,360	3,199,410	3,154,991	3,097,470	3,008,627	2,989,943	2,927,274	3,045,329	2,973,128	2,996,900	2,967,740	2,955,838	3,073,039	3,144,501	3,113,148	3,072,792	3,012,768	3,015,705	2,987,021	3,082,356	3,038,810	3,049,297	3,057,073	3,047,942	3,069,477	3,126,859	3,203,727	3,157,971	2,998,352	2,995,101	2,976,809	3,084,511	3,012,551	3,004,613	2,985,869
Households / Deposit Money / Amounts Outstanding at End of Period		6,646,431	6,691,405	6,587,895	6,653,570	6,636,223	6,698,040	6,679,475	6,742,703	6,592,297	6,632,998	6,596,939	6,656,451	6,625,507	6,658,396	6,557,106	6,624,420	6,609,871	6,655,072	6,634,106	6,706,900	6,570,511	6,606,150	6,562,223	6,625,820	6,592,574	6,628,182	6,484,498	6,537,454	6,507,929	6,519,945	6,477,409	6,514,011	6,360,665	6,394,068	6,357,242	6,385,511
Quasi-money / Amounts Outstanding at End of Period2		5,283,146	5,220,184	5,144,311	5,171,219	5,082,558	5,118,911	5,096,739	5,106,005	5,146,037	5,128,534	5,075,294	5,108,658	5,078,502	4,933,326	4,930,061	4,909,450	4,839,920	4,879,420	4,904,758	4,897,229	4,892,018	4,887,803	4,843,067	4,857,008	4,886,428	4,875,266	4,833,047	4,839,439	4,758,188	4,809,648	4,834,965	4,839,797	4,843,793	4,876,053	4,876,248	4,884,413
Corporations / Quasi-money / Amounts Outstanding at End of Period		1,384,425	1,331,532	1,317,761	1,362,554	1,280,970	1,296,284	1,259,918	1,255,839	1,296,738	1,287,085	1,221,474	1,250,726	1,233,015	1,105,441	1,163,811	1,155,508	1,092,150	1,098,999	1,094,876	1,077,781	1,089,238	1,089,210	1,041,219	1,049,328	1,058,147	1,048,399	1,050,794	1,051,013	972,220	970,312	965,071	953,403	953,419	967,515	946,622	937,433
Households / Quasi-money / Amounts Outstanding at End of Period		3,629,984	3,622,042	3,618,884	3,617,712	3,613,968	3,614,937	3,609,446	3,614,965	3,609,230	3,609,085	3,614,715	3,613,392	3,600,820	3,585,647	3,571,755	3,565,810	3,563,143	3,568,071	3,577,682	3,580,808	3,568,133	3,570,412	3,575,210	3,583,221	3,593,088	3,597,862	3,599,769	3,611,912	3,620,669	3,643,333	3,658,822	3,669,839	3,679,445	3,695,762	3,714,354	3,730,119
Certificates of Deposit (CDs) / Amounts Outstanding at End of Period2		192,927	203,681	214,249	199,584	191,815	218,852	223,230	224,032	233,963	232,231	224,084	220,479	225,863	216,529	206,943	205,282	205,297	211,821	215,841	225,428	237,564	232,462	231,177	228,117	235,581	227,740	221,555	217,269	223,395	269,205	277,713	277,583	265,224	302,582	298,819	307,235
Corporations / Certificates of Deposit (CDs) / Amounts Outstanding at End of Period		128,326	133,492	161,058	142,798	137,868	153,301	156,915	148,210	152,263	162,887	152,281	150,058	145,821	134,688	138,023	142,907	139,772	138,720	134,055	138,027	142,100	148,279	141,672	138,406	138,971	132,680	142,365	147,975	160,189	195,296	198,974	189,384	175,078	217,904	209,688	216,814
Households / Certificates of Deposit (CDs) / Amounts Outstanding at End of Period		33	33	33	33	36	36	83	45	42	43	30	31	33	33	34	36	233	236	237	239	194	92	39	42	40	40	40	46	50	50	58	59	60	62	63	65
M3 / Amounts Outstanding at End of Period / Seasonally Adjusted1		16,465,965	16,473,677	16,476,448	16,464,992	16,435,110	16,382,672	16,324,380	16,336,988	16,336,466	16,309,296	16,301,911	16,264,704	16,226,764	16,206,661	16,188,124	16,157,244	16,180,422	16,189,960	16,186,260	16,185,251	16,145,282	16,139,588	16,133,290	16,109,512	16,131,380	16,108,256	16,101,061	16,140,822	16,102,074	16,078,369	16,060,689	15,979,330	16,020,890	16,016,047	15,982,765	15,990,468
M1 / Amounts Outstanding at End of Period / Seasonally Adjusted		11,055,702	11,033,168	10,969,399	11,084,497	11,081,777	11,025,450	11,023,114	11,031,634	10,930,310	11,005,783	11,023,607	10,874,980	11,001,461	11,036,810	11,007,905	11,027,838	11,053,398	11,096,942	11,100,324	11,103,843	11,078,548	11,085,445	11,076,839	11,055,094	11,075,230	10,871,479	11,028,099	11,089,536	10,918,247	11,009,447	10,978,213	10,768,567	10,991,233	10,899,822	10,807,476	10,854,895

Latest reading

M2 / Average Amounts Outstanding stood at 12,963,895 100 million yen in Aug 2026. That is unchanged from Jul 2026 and +2.0% from a year earlier. The series on this page is monthly and runs from Apr 2003 to Aug 2026. Source: Bank of Japan – Time-Series Data Search.

Latest: 12,963,895 100 million yen; Aug 2026
vs previous period: 0.0%; Jul 2026
vs a year earlier: +2.0%

About this data

Money stock aggregates M1, M2, M3 and L (broadly defined liquidity) by component and holder, average amounts outstanding and year-on-year changes, since April 2003. 42 series. Source: Bank of Japan, Time-Series Data Search.