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Macro Lens · counters

Money Clock

Government debt, interest, money supply and central bank balance sheets of the euro area, Germany and the United States, next to Bitcoin's fixed issuance and the annual gold mine output. Every counter starts at an official figure and names its date and source.

A wall clock beside hanging pans and a sieve on a white tiled kitchen wall

How to read the counters.

Each counter starts at the last official value on its reference date and continues the latest trend from there. Everything after the reference date is an extrapolation by WhatTheChain, not an official figure. The figures change at most once per second. With reduced motion, or without JavaScript, they stay at the official value.

Euro area

General government: central, state and local government and social security, as Eurostat counts it.

Government debt

General government gross debt at nominal value, end of quarter.

Last official value

Government debt: official value €14,438,113,700,000, reference date 30 Jun 2026.

Reference date
Official value
€14,438,113,700,000
Change per second
+€23,227
Trend
change between 30 Jun 2025 and 30 Jun 2026

Extrapolated from the reference date: an estimate, not an official figure.

Source: Eurostat, Quarterly government debt (general government gross debt) (licence Eurostat copyright notice: "Reuse of statistical data, metadata, publications, and other dissemination tools published on this website for commercial or non-commercial purposes is authorised provided the source is acknowledged." Modifications must be stated; the exception for data of non-EU countries does not apply to the euro area and Germany (https://ec.europa.eu/eurostat/help/copyright-notice).; Source: Eurostat.)As of:

The update of this series is delayed.

Interest burden

Interest payable by general government, per year and per second.

Latest published figure for 2025

Interest burden: official value €302,607,000,000, reference date 31 Dec 2025.

Reference date
Period
2025: €302,607,000,000
Per second
€9,596
Trend
the figure for 2025 divided by its seconds

Extrapolated from the reference date: an estimate, not an official figure.

Source: Eurostat, Government revenue, expenditure and main aggregates (interest payable, D.41) (licence Eurostat copyright notice: "Reuse of statistical data, metadata, publications, and other dissemination tools published on this website for commercial or non-commercial purposes is authorised provided the source is acknowledged." Modifications must be stated; the exception for data of non-EU countries does not apply to the euro area and Germany (https://ec.europa.eu/eurostat/help/copyright-notice).; Source: Eurostat.)As of:

Money supply M3

Broad money M3, end of month.

Last official value

Money supply M3: official value €17,646,463,000,000, reference date 31 Aug 2026.

Reference date
Official value
€17,646,463,000,000
Change per second
+€22,585
Trend
change between 31 Aug 2025 and 31 Aug 2026

Extrapolated from the reference date: an estimate, not an official figure.

Source: European Central Bank, Monetary aggregates M1, M2 and M3, euro area (balance sheet items statistics) (licence ECB copyright; reuse free of charge under the ECB website's copyright terms: information must be reproduced accurately, the ECB cited as the source, and modifications (e.g. calculation of growth rates) stated explicitly (https://www.ecb.europa.eu/services/using-our-site/disclaimer/html/index.en.html).; Source: European Central Bank (ECB).)As of:

Eurosystem balance sheet

Total assets of the Eurosystem (the ECB and the national central banks of the euro area), weekly statement.

Last official value

Eurosystem balance sheet: official value €5,935,346,000,000, reference date 18 Oct 2026.

Reference date
Official value
€5,935,346,000,000
Change per second
−€8,234
Trend
change between 12 Oct 2025 and 18 Oct 2026

Extrapolated from the reference date: an estimate, not an official figure.

Source: European Central Bank, Internal liquidity management (ILM), Eurosystem total assets, weekly (licence ECB copyright; reuse free of charge under the ECB website's copyright terms: information must be reproduced accurately, the ECB cited as the source, and modifications (e.g. calculation of growth rates) stated explicitly (https://www.ecb.europa.eu/services/using-our-site/disclaimer/html/index.en.html).; Source: European Central Bank (ECB).)As of:

Purchasing power of the euro lost since 2002

Share of the purchasing power of one euro lost since the average of 2002, measured by the harmonised index of consumer prices.

Last official value

Purchasing power of the euro lost since 2002: official value 40.743137%, reference date 30 Sep 2026.

Reference date
Official value
40.743137%
Change per second
+0.0000000708%
Trend
change between 30 Sep 2025 and 30 Sep 2026

Extrapolated from the reference date: an estimate, not an official figure.

Source: Eurostat, HICP, monthly index and annual rate (all items), euro area and Germany (licence Eurostat copyright notice: "Reuse of statistical data, metadata, publications, and other dissemination tools published on this website for commercial or non-commercial purposes is authorised provided the source is acknowledged." Modifications must be stated (https://ec.europa.eu/eurostat/help/copyright-notice).; Source: Eurostat.)As of:

Against fixed rules

Bitcoin's new supply follows a fixed schedule in its protocol; gold mine output is measured once a year.

Bitcoin supply

Scheduled supply from the protocol's block subsidy: new coins only through new blocks, with a fixed limit of 21 million.

Scheduled supply at the end of 2025

Bitcoin supply: official value 19,969,815.6250 BTC, reference date 31 Dec 2025.

Reference date
Official value
19,969,815.6250 BTC
Change per second
+0.00521 BTC
Trend
block subsidy at the target of one block every 10 minutes

Extrapolated from the reference date: an estimate, not an official figure.

Source: the Bitcoin protocol rules (block subsidy schedule) and the chain heights recorded up to 31 December 2025.

Gold mined

World gold mine production in metric tons, per year and per second.

No data yet

The counter runs once the first official value is stored.

Source: U.S. Geological Survey (USGS), National Minerals Information Center, World gold mine production, annual (licence Public domain: "USGS-authored or produced data and information are considered to be in the U.S. Public Domain" (https://www.usgs.gov/information-policies-and-instructions/copyrights-and-credits).; Source: U.S. Geological Survey, Mineral Commodity Summaries (gold).)

How the clock is calculated

  • Levels (debt, money supply, balance sheets): the counter starts at the last official value at the end of its period and moves by the change against the newest value at least twelve months older, divided by the seconds between them. A year is used because most of these series are not seasonally adjusted.
  • Amounts per period (interest, gold output): the latest period's amount divided by its seconds gives the amount per second. The counter shows the amount since 1 January at that rate.
  • Purchasing power: one minus the ratio of the 2002 average of the price index to its latest value, the same rule as the “Your birth year” calculator.
  • Bitcoin: the scheduled supply after the last block of the last recorded year, plus the current block subsidy every 10 minutes. The real spacing of blocks varies around that target.
  • A counter without an official value says “no data yet” and does not run. No figure is shown as 0 for lack of data.

Embed the clock

Free to embed with attribution. Every counter keeps its source, its reference date and the extrapolation notice; a figure whose licence does not allow it links back here instead.

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