Makrognosis

Euro Area Monetary aggregate M3 - outstanding amount ()

MonthlySeasonally adjustedCode EA.M3.M.SA

Latest (y/y)4.3%September 2026
Previous (y/y)4.2%August 2026
Level17,717,267 EUR millionsSeptember 2026

Euro Area Monetary aggregate M3 - outstanding amount () was up 4.3% year on year in September 2026, compared with 4.2% in August 2026.

The level stood at 17,717,267 EUR millions.

That is the highest reading since February 2025.

Over the past ten years it has ranged from −1.3% (Sep 2023) to 11.7% (Jan 2021), averaging 4.7%.

Euro Area Monetary aggregate M3 - outstanding amount (), annual % change, Jan 1997 – Sep 2026−5%0%5%10%15%200020052010201520202025Robomacro
Euro Area Monetary aggregate M3 - outstanding amount (), annual % change, Jan 1997 – Sep 2026. Source: European Central Bank.
Euro Area Monetary aggregate M3 - outstanding amount (), level (EUR millions)0M5M10M15M20M200020052010201520202025Robomacro
Euro Area Monetary aggregate M3 - outstanding amount (), level (EUR millions).

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

Recent data

PeriodValueY/Y %
September 202617,717,267 EUR millions4.3
August 202617,647,597 EUR millions4.2
July 202617,615,202 EUR millions4.1
June 202617,612,461 EUR millions4.0
May 202617,523,480 EUR millions3.6
April 202617,449,423 EUR millions3.3
March 202617,439,194 EUR millions3.6
February 202617,333,437 EUR millions3.0
January 202617,305,282 EUR millions3.2
December 202517,200,207 EUR millions2.6
November 202517,170,454 EUR millions2.9
October 202517,082,841 EUR millions3.0
September 202516,989,086 EUR millions2.7
August 202516,934,229 EUR millions2.8
July 202516,929,030 EUR millions3.4
June 202516,930,178 EUR millions3.5
May 202516,916,561 EUR millions4.2
April 202516,884,386 EUR millions4.2
March 202516,829,083 EUR millions4.1
February 202516,825,356 EUR millions4.4
January 202516,763,515 EUR millions4.2
December 202416,764,295 EUR millions4.1
November 202416,684,867 EUR millions4.3
October 202416,581,667 EUR millions3.7

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

Get Euro Area Monetary aggregate M3 - outstanding amount () 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/EA.M3.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/EA.M3.M.SA",
                 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
UnitsEUR millions
AdjustmentSeasonally adjusted
10-year high11.7% (Jan 2021)
10-year low−1.3% (Sep 2023)
10-year average4.7%
Source agencyEuropean Central Bank
Makrognosis codeEA.M3.M.SA

More Euro Area M3 series

Euro Area Debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SAEuro Area Deposit liabilities included in M3, outstanding amount, EUR millions, SAEuro Area Deposits redeemable at notice up to 3 months (M2 component), outstanding amount, EUR millions, SAEuro Area Deposits with agreed maturity up to 2 years (M2 component), outstanding amount, EUR millions, SAEuro Area Money market fund shares/units (M3 component), outstanding amount, EUR millions, SAEuro Area Overnight deposits (M1 component), outstanding amount, EUR millions, SAEuro Area Repurchase agreements excluding CCP repos (M3 component), outstanding amount, EUR millions, SA

Other Euro Area indicators

Euro Area GDP (Gross Domestic Product)Euro Area Real GDP (Current prices, million EURs, 2010 ref)Euro Area Inflation Rate (CPI)Euro Area Core Inflation RateEuro Area Unemployment RateEuro Area 10-Year Government Bond YieldEuro Area Industrial ProductionEuro Area Retail SalesEuro Area Producer Price Inflation (PPI)Euro Area Current account balance (BPM6, extra-euro-area), not seasonally adjustedEuro Area Trade Balance: Goods & ServicesEuro Area Exports of goods (BPM6 credits, extra-euro-area), not seasonally adjustedEuro Area Exports of goods and services, Current prices, million EUREuro Area Exports of goods and services, chain-linked volumeEuro Area Imports of goods (BPM6 debits, extra-euro-area), not seasonally adjustedEuro Area Imports of goods and services, Current prices, million EUR

FAQ

What is the current monetary aggregate M3 - outstanding amount () in Euro Area?
The latest reading is 4.3% year on year for September 2026, published by European Central Bank.
Where does this data come from?
It is collected directly from European Central Bank and is available through the Makrognosis API under the code EA.M3.M.SA.

Last updated 2026-11-02. Source: European Central Bank. Original title: “Monetary aggregate M3 - outstanding amount (euro area)”.