The monetary base of the United States amounted to roughly 5.8 trillion U.S. dollars as of December 31, 2023, which was a slight increase compared to the previous year. The monetary base includes all physical paper and coin currency in circulation, plus bank reserves held by the central bank. In 2023, around 60 percent (3.5 trillion U.S. dollars) of the monetary base derived from reserve balances, and 40 percent (2.3 trillion U.S. dollars) from the currency in circulation.
Monetary base of the United States from 2002 to 2023
(in billion U.S. dollars)
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Federal Reserve. (March 5, 2024). Monetary base of the United States from 2002 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1386157/us-monetary-base/
Federal Reserve. "Monetary base of the United States from 2002 to 2023 (in billion U.S. dollars)." Chart. March 5, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1386157/us-monetary-base/
Federal Reserve. (2024). Monetary base of the United States from 2002 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1386157/us-monetary-base/
Federal Reserve. "Monetary Base of The United States from 2002 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Mar 2024, https://www.statista.com/statistics/1386157/us-monetary-base/
Federal Reserve, Monetary base of the United States from 2002 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1386157/us-monetary-base/ (last visited November 26, 2024)
Monetary base of the United States from 2002 to 2023 (in billion U.S. dollars) [Graph], Federal Reserve, March 5, 2024. [Online]. Available: https://www.statista.com/statistics/1386157/us-monetary-base/
