Q:

How much money is in the world?

A:

Quick Answer

As of 2013, there is approximately five trillion dollars of physical money in the world. The total value of cash and checking accounts is estimated to be 25 trillion dollars.

Continue Reading

Full Answer

The figure used to denote how much physical money in the world is M0. The total value of cash and assets in the world is referred to as M1. M2 is the value of cash, checking accounts, savings accounts and CDs under $100,000 dollars. As of 2013, M2 is valued at approximately 60 trillion dollars. As of 2014, the 85 richest people in the world possess as much money as the 3.5 billion poorest people in the word combined, according to Forbes.

Learn more about Economics
Sources:

Related Questions

Explore