Forecast: Supply of Demand Deposits among Money Supply in China

In 2023, the value of demand deposits among the money supply in China stood at an unspecified figure, indicating the need for a trend assessment based on the forecasted data from 2024 to 2028. The forecast for demand deposits shows a consistent decline, starting from 6.31 in 2024 to 4.57 by 2028. The year-on-year percentage variation between 2024 and 2025 is approximately -7.13%, followed by a -7.51% variation in 2026. This declining trend continues with a -7.94% change in 2027 and -8.42% in 2028. The Compound Annual Growth Rate (CAGR) over the five years indicates an average annual decrease of -7.25%.

Future trends to watch for include the potential impacts of monetary policy adjustments, economic growth rates, and shifts in consumer banking behaviors. Key considerations will be the broader economic conditions in China, including inflation and interest rate variations, which may influence demand deposit trends.