mber 2007)

Antigua and Barbuda
$294.8 million (31 December 2007)

Argentina
$33.93 billion (31 December 2007)

Armenia
$1.507 billion (31 December 2007)

Aruba
$640.9 million (31 December 2007)

Australia
$298.5 billion (31 December 2007)

Austria
NA
note: see entry for the European Union for money supply in the Euro
Area; the European Central Bank (ECB) controls monetary policy for
the 15 members of the Economic and Monetary Union (EMU); individual
members of the EMU do not control the quantity of money and quasi
money circulating within their own borders

Azerbaijan
$4.261 billion (31 December 2007)

Bahamas, The
$1.274 billion (31 December 2007)

Bahrain
$4.169 billion (31 December 2007)

Bangladesh
$8.444 billion (31 December 2007)

Barbados
$1.478 billion (31 December 2007)

Belarus
$4.065 billion (31 December 2007)

Belgium
NA
note: see entry for the European Union for money supply in the Euro
Area; the European Central Bank (ECB) controls monetary policy for
the 15 members of the Economic and Monetary Union (EMU); individual
members of the EMU do not control the quantity of money and quasi
money circulating within their own borders

Belize
$323.9 million (31 December 2007)

Benin
$1.324 billion (31 December 2007)

Bhutan
$381.1 million (31 December 2007)

Bolivia
$3.032 billion (31 December 2007)

Bosnia and Herzegovina
$5.13 billion (31 December 2007)

Botswana
$1.026 billion (31 December 2007)

Brazil
$131.1 billion (31 December 2007)

Brunei
$2.674 billion (31 December 2007)

Bulgaria
$15.58 billion (31 December 2007)

Burkina Faso
$1.051 billion (31 December 2007)

Burma
$598 billion
note: This number reflects the vastly overvalued official exchange
rate of 5.38 kyat per dollar. At the unofficial black market rate of
1305 kyat per dollar, the stock of kyats would equal only US$2.465
billion and Burma's velocity of money (the number of times money
turns over in the course of a year) would be six, in line with the
velocity of money for other countries in the region. (31 December
2007)

Burundi
$208.7 million (31 December 2007)

Cambodia
$513.6 million (31 December 2007)

Cameroon
$2.616 billion (31 December 2007)

Canada
$391.6 billion (31 December 2007)

Cape Verde
$574 million (31 December 2007)

Central African Republic
$218.3 million (31 Decembe