# Japan M2 Money Stock

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%.

- Source agency: Bank of Japan
- Makrognosis code: `JP.M2.M.NSA`
- Frequency: monthly
- Units: 100M JPY
- Coverage: 2003-04-01 to 2026-10-01 (283 observations)
- Page: https://makrognosis.robomacro.com/data/japan/m2-money-stock

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| October 2026 | 12,913,808 100M JPY | 1.7 |
| September 2026 | 12,948,920 100M JPY | 1.9 |
| August 2026 | 12,964,453 100M JPY | 2.0 |
| July 2026 | 12,966,413 100M JPY | 2.1 |
| June 2026 | 12,961,159 100M JPY | 2.2 |
| May 2026 | 12,980,903 100M JPY | 2.5 |
| April 2026 | 12,956,204 100M JPY | 2.3 |
| March 2026 | 12,795,037 100M JPY | 2.0 |
| February 2026 | 12,747,324 100M JPY | 1.7 |
| January 2026 | 12,790,600 100M JPY | 1.6 |
| December 2025 | 12,788,812 100M JPY | 1.7 |
| November 2025 | 12,766,606 100M JPY | 1.7 |
| October 2025 | 12,701,907 100M JPY | 1.6 |
| September 2025 | 12,708,414 100M JPY | 1.5 |
| August 2025 | 12,712,263 100M JPY | 1.3 |
| July 2025 | 12,696,074 100M JPY | 1.0 |
| June 2025 | 12,681,235 100M JPY | 0.8 |
| May 2025 | 12,670,390 100M JPY | 0.6 |
| April 2025 | 12,661,743 100M JPY | 0.5 |
| March 2025 | 12,546,086 100M JPY | 0.8 |
| February 2025 | 12,532,272 100M JPY | 1.2 |
| January 2025 | 12,594,544 100M JPY | 1.3 |
| December 2024 | 12,576,036 100M JPY | 1.3 |
| November 2024 | 12,549,271 100M JPY | 1.2 |

## API

```
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"]
```