Makrognosis

Brazil M2 Money Stock

MonthlyNot seasonally adjustedCode BR.M2.M.NSA

Latest (y/y)15.6%September 2026
Previous (y/y)14.1%August 2026
Level9,024,935,000 BRL 1000September 2026

Brazil M2 Money Stock was up 15.6% year on year in September 2026, compared with 14.1% in August 2026.

The level stood at 9,024,935,000 BRL 1000.

Among the 13 economies Makrognosis covers on this measure, it is the 4th highest.

Over the past ten years it has ranged from 2.4% (Feb 2023) to 25.6% (Aug 2021), averaging 12.4%.

Brazil M2 Money Stock, annual % change, Jan 1997 – Sep 20260%25%50%75%100%200020052010201520202025Robomacro
Brazil M2 Money Stock, annual % change, Jan 1997 – Sep 2026. Source: Banco Central do Brasil SGS (Sistema Gerenciador de Series Temporais).
Brazil M2 Money Stock, level (BRL 1000)0bn2bn4bn6bn8bn10bn200020052010201520202025Robomacro
Brazil M2 Money Stock, level (BRL 1000).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 20269,024,935,000 BRL 100015.6
August 20268,929,697,000 BRL 100014.1
July 20268,935,173,000 BRL 100017.3
June 20268,906,255,000 BRL 100017.7
May 20268,678,849,000 BRL 100018.2
April 20268,449,647,000 BRL 100015.9
March 20268,289,689,000 BRL 100015.4
February 20268,498,073,000 BRL 100018.6
January 20268,317,987,000 BRL 100019.9
December 20258,296,334,000 BRL 100019.4
November 20258,152,176,000 BRL 100019.1
October 20257,936,217,000 BRL 100017.8
September 20257,807,585,000 BRL 100017.8
August 20257,824,002,000 BRL 100016.8
July 20257,618,205,000 BRL 100011.9
June 20257,565,130,000 BRL 100012.4
May 20257,342,347,000 BRL 100011.2
April 20257,293,228,000 BRL 100013.8
March 20257,184,130,000 BRL 100013.2
February 20257,163,001,000 BRL 100013.7
January 20256,935,228,000 BRL 100012.5
December 20246,949,857,000 BRL 100011.1
November 20246,846,007,000 BRL 100012.9
October 20246,734,333,000 BRL 100013.9

Last 24 observations. The full history (369 observations) is available through the API.

Get Brazil M2 Money Stock in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/BR.M2.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/BR.M2.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 1996
Observations369
FrequencyMonthly
UnitsBRL 1000
AdjustmentNot seasonally adjusted
10-year high25.6% (Aug 2021)
10-year low2.4% (Feb 2023)
10-year average12.4%
Source agencyBanco Central do Brasil SGS (Sistema Gerenciador de Series Temporais)
Makrognosis codeBR.M2.M.NSA

M2 Money Stock: how Brazil compares

#EconomyPeriodLatest
1TurkeyNov 202629.4%
2ArgentinaNov 202625.0%
3PeruSep 202616.7%
4BrazilSep 202615.6%
5IsraelMay 20267.7%
6MexicoSep 20267.0%
7South AfricaSep 20267.0%
8United StatesSep 20265.7%
9South KoreaSep 20265.5%
10CanadaAug 20264.1%
11SwitzerlandSep 20264.0%
12ThailandSep 20262.1%
13JapanOct 20261.7%

M2 Money Stock by country: all 13 economies ranked →

Other Brazil indicators

Brazil GDP (Gross Domestic Product)Brazil GDP at market prices, current BRL (IBGE SIDRA 1846 / PIB a preços de mercado)Brazil Real GDP, chained 1995 prices (IBGE SIDRA 6612, R$ million)Brazil Inflation Rate (CPI)Brazil Unemployment RateBrazil Credit Rating & Sovereign Risk ScoreBrazil Credit to non-financial private sector outstanding (BCB SGS 20539)Brazil Industrial ProductionBrazil Retail SalesBrazil Current account balance USD mn (BCB balance of payments)Brazil Trade Balance: Goods & ServicesBrazil Exports of goods FOB, USD mn (BCB BoP, SGS 22708)Brazil Imports of goods FOB, USD mn (BCB BoP, SGS 22709)Brazil Government Debt to GDPBrazil EmploymentBrazil 10-Year Government Bond Yield

FAQ

What is the current m2 Money Stock in Brazil?
The latest reading is 15.6% year on year for September 2026, published by Banco Central do Brasil SGS (Sistema Gerenciador de Series Temporais).
Where does this data come from?
It is collected directly from Banco Central do Brasil SGS (Sistema Gerenciador de Series Temporais) and is available through the Makrognosis API under the code BR.M2.M.NSA.

Last updated 2026-10-29. Source: Banco Central do Brasil SGS (Sistema Gerenciador de Series Temporais). Original title: “Brazil M2 broad money supply BRL thousands (BCB)”.