Kirkegaard said that a comparable tally of currency in circulation from all over the world, tracked by the Bank for International Settlements, totals about $5 trillion.

But using a more inclusive definition of money, “that amount goes much, much higher,” explained Jeff Desjardins at the financial media website Visual Capitalist, which has published an infographic on the topic.



“Add in checking accounts, savings accounts, money-market accounts — not quite physical money, but you can make a bank transaction digitally and use that as money,” and Desjardins said the total amount of money easily accessible in the world economy grows by several multiples. This is called broad money, and according to the CIA World Factbook, and the global total is in excess of $80 trillion.

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Source

Hartman, Mitchell. "How much money is there in the world?" Marketplace. I've Always Wondered series. October 30, 2017. Accessed January 11, 2018.

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