Countries with the Most Money in Circulation (% GDP) (2025)
Source: World Bank·25 countries·Updated 2025
Broad money relative to GDP measures financial depth. {#1} has the highest ratio at {#1_value}.
Hong Kong SAR, China leads with broad money (% of GDP) of 481.0%.
Japan ranks #2 at 246.8%.
China ranks #3 at 227.7%.
Macao SAR, China ranks #4 at 201.2%.
Korea, Rep. ranks #5 at 162.7%.
Top 25 Countries by Broad Money (% of GDP)
| # | Country | Broad Money (% of GDP) | Year |
|---|---|---|---|
| 1 |  Hong Kong SAR, China | 481.0% | 2025 |
| 2 |  Japan | 246.8% | 2025 |
| 3 |  China | 227.7% | 2024 |
| 4 |  Macao SAR, China | 201.2% | 2025 |
| 5 |  Korea, Rep. | 162.7% | 2024 |
| 6 |  Singapore | 148.6% | 2020 |
| 7 |  Mauritius | 142.3% | 2025 |
| 8 |  United Kingdom | 141.9% | 2024 |
| 9 |  Thailand | 141.0% | 2024 |
| 10 |  Viet Nam | 136.3% | 2022 |
| 11 |  Australia | 133.1% | 2025 |
| 12 |  Nepal | 131.2% | 2025 |
| 13 |  Cambodia | 124.8% | 2025 |
| 14 |  Morocco | 121.3% | 2025 |
| 15 |  Malaysia | 120.6% | 2025 |
| 16 |  Brazil | 118.2% | 2025 |
| 17 |  United Arab Emirates | 114.1% | 2024 |
| 18 |  West Bank and Gaza | 110.4% | 2024 |
| 19 |  Jordan | 104.3% | 2024 |
| 20 |  Israel | 103.7% | 2025 |
| 21 |  St. Kitts and Nevis | 103.7% | 2025 |
| 22 |  United States | 99.7% | 2025 |
| 23 |  New Zealand | 99.6% | 2025 |
| 24 |  Barbados | 97.5% | 2023 |
| 25 |  Qatar | 94.7% | 2025 |
Data from 146 countries is available. View full rankings →
FAQ
What is the highest broad money (% of GDP) in 2025?
Hong Kong SAR, China has the highest broad money (% of GDP) at 481.0% in 2025.
How many countries are included in this ranking?
This article features the top 25 countries out of 146 with available data. Full rankings available on the indicator page.
Where does this data come from?
Data is sourced from the World Bank. It is updated regularly as new releases become available.