Monetary aggregates are the money circulating in an economy to satisfy its current monetary needs. There are two indicators for monetary aggregates collected by the OECD: "narrow money" (M1); a means of exchange and "broad money" (M3); a way to store value. Monetary aggregates are measured as a...

This OECD report, prepared for the 2023 Japan Presidency of the G7, takes stock of the limitations of GDP as an economic indicator and provides an overview of initiatives to overcome them, both within the system of national accounts and through the development of multidimensional well-being...

Broad money (M3) includes currency, deposits with an agreed maturity of up to two years, deposits redeemable at notice of up to three months and repurchase agreements, money market fund shares/units and debt securities up to two years. M3 is measured as a seasonally adjusted index based on 2015=100.