Broad Money M3 and Its Counterpart

Statistical data


Period M3 Net foreign assets Net domestic assets
M2 Total Total of which
Non-government credit
M1 M2 - M1 Total
RON million, end of period
2022 398,074.2 204,967.9 603,042.0 603,042.0 250,561.3 352,480.7 363,661.9
2023 409,346.8 257,040.4 666,387.1 666,387.1 327,221.1 339,166.0 386,971.7
2024 448,265.5 293,530.7 741,796.2 741,796.2 351,753.3 390,042.9 421,154.7
2024 Q1 403,259.2 275,630.7 678,889.9 678,889.9 359,807.6 319,082.2 388,031.1
2024 Q2 414,330.5 270,469.4 684,799.9 684,799.9 357,008.0 327,791.9 400,520.4
2024 Q3 424,395.4 273,842.1 698,237.5 698,237.5 361,822.8 336,414.7 413,220.0
2024 Q4 448,265.5 293,530.7 741,796.2 741,796.2 351,753.3 390,042.9 421,154.7
Oct. 2024 426,565.1 280,471.5 707,036.6 707,036.6 357,035.2 350,001.4 416,063.1
Nov. 2024 434,672.1 286,270.3 720,942.4 720,942.4 352,674.1 368,268.3 418,154.0
Dec. 2024 448,265.5 293,530.7 741,796.2 741,796.2 351,753.3 390,042.9 421,154.7
Jan. 2025 441,198.2 293,631.0 734,829.2 734,829.2 349,781.1 385,048.1 418,630.2
Feb. 2025 443,526.0 293,661.2 737,187.2 737,187.2 359,868.6 377,318.6 420,249.5
annual percentage changes
2022 -2.1 30.0 6.8 6.8 4.2 8.8 12.1
2023 2.8 25.4 10.5 10.5 30.6 -3.8 6.4
2024 9.5 14.2 11.3 11.3 7.5 15.0 8.8
2024 Q1 5.5 18.9 10.6 10.6 25.0 -2.2 4.7
2024 Q2 6.7 14.5 9.7 9.7 19.1 0.9 6.7
2024 Q3 7.5 11.3 9.0 9.0 10.5 7.3 8.4
2024 Q4 9.5 14.2 11.3 11.3 7.5 15.0 8.8
Oct. 2024 8.7 12.8 10.3 10.3 11.5 9.1 8.9
Nov. 2024 10.3 12.7 11.2 11.2 9.9 12.5 8.8
Dec. 2024 9.5 14.2 11.3 11.3 7.5 15.0 8.8
Jan. 2025 9.3 11.2 10.1 10.1 2.3 18.2 8.8
Feb. 2025 9.6 8.0 9.0 9.0 1.7 17.0 9.4

The data are provisional and may be subject to periodic review

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