Makrognosis

Japan M2 Money Stock

MonthlyNot seasonally adjustedCode JP.M2.M.NSA

Latest (y/y)1.7%October 2026
Previous (y/y)1.9%September 2026
Level12,913,808 100M JPYOctober 2026

Japan M2 Money Stock was up 1.7% year on year in October 2026, compared with 1.9% in September 2026.

The level stood at 12,913,808 100M JPY.

Among the 13 economies Makrognosis covers on this measure, it is the lowest.

Over the past ten years it has ranged from 0.5% (Apr 2025) to 9.6% (Feb 2021), averaging 3.3%.

Japan M2 Money Stock, annual % change, Apr 2004 – Oct 20260%2%4%6%8%10%20052010201520202025Robomacro
Japan M2 Money Stock, annual % change, Apr 2004 – Oct 2026. Source: Bank of Japan.
Japan M2 Money Stock, level (100M JPY)6M8M10M12M20052010201520202025Robomacro
Japan M2 Money Stock, level (100M JPY).

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

Recent data

PeriodValueY/Y %
October 202612,913,808 100M JPY1.7
September 202612,948,920 100M JPY1.9
August 202612,964,453 100M JPY2.0
July 202612,966,413 100M JPY2.1
June 202612,961,159 100M JPY2.2
May 202612,980,903 100M JPY2.5
April 202612,956,204 100M JPY2.3
March 202612,795,037 100M JPY2.0
February 202612,747,324 100M JPY1.7
January 202612,790,600 100M JPY1.6
December 202512,788,812 100M JPY1.7
November 202512,766,606 100M JPY1.7
October 202512,701,907 100M JPY1.6
September 202512,708,414 100M JPY1.5
August 202512,712,263 100M JPY1.3
July 202512,696,074 100M JPY1.0
June 202512,681,235 100M JPY0.8
May 202512,670,390 100M JPY0.6
April 202512,661,743 100M JPY0.5
March 202512,546,086 100M JPY0.8
February 202512,532,272 100M JPY1.2
January 202512,594,544 100M JPY1.3
December 202412,576,036 100M JPY1.3
November 202412,549,271 100M JPY1.2

Last 24 observations. The full history (283 observations) is available through the API.

Get Japan 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/JP.M2.M.NSA"

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

About this series

Latest observationOctober 2026
First observationApril 2003
Observations283
FrequencyMonthly
Units100M JPY
AdjustmentNot seasonally adjusted
10-year high9.6% (Feb 2021)
10-year low0.5% (Apr 2025)
10-year average3.3%
Source agencyBank of Japan
Makrognosis codeJP.M2.M.NSA

M2 Money Stock: how Japan 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 Japan indicators

Japan GDP (Gross Domestic Product)Japan Nominal GDP, expenditure side, current prices, SA at annual rate (Cabinet Office QE)Japan CPI: All items (2025=100)Japan Inflation Rate (CPI)Japan Core Inflation RateJapan Unemployment RateJapan Unemployment Rate (not seasonally adjusted)Japan Credit Rating & Sovereign Risk ScoreJapan Industrial ProductionJapan Producer Price Inflation (PPI)Japan Current Account Balance (BoP, monthly)Japan Trade Balance: Goods & ServicesJapan Merchandise Exports, BoP basis (Goods Credit, BPM6)Japan Merchandise Imports, BoP basis (Goods Debit, BPM6)Japan EmploymentJapan Average Contract Interest Rate on Outstanding Loans and Discounts, Total (Domestically Licensed Banks)

FAQ

What is the current m2 Money Stock in Japan?
The latest reading is 1.7% year on year for October 2026, published by Bank of Japan.
Where does this data come from?
It is collected directly from Bank of Japan and is available through the Makrognosis API under the code JP.M2.M.NSA.

Last updated 2026-11-10. Source: Bank of Japan. Original title: “Japan Money Stock M2 (avg amounts outstanding)”.