## Monetary and Financial Statistics (MFSX)

## Source details

**Canonical URL:** [Monetary and Financial Statistics (MFSX)](https://www.imf.org/en/capacity-development/training/icdtc/courses/mfsx)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/courses/mfsx/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/courses/mfsx/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/courses/mfsx/bundle-manifest.json)

## Bibliographic details
- Published: July 30, 2025

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## Upcoming offerings

| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
| --- | --- | --- | --- | --- | --- | --- |
| May 1, 2026 | April 15, 2027 | Course conducted online | [[[[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [OL 26.180](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mfsxol26-180) | Spanish | [[[[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.253A)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.181F)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.182E)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.180S) by April 1, 2027 |
| May 1, 2026 | April 15, 2027 | Course conducted online | [[[[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [OL 26.182](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mfsxol26-182) | English | [[[[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.253A)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.181F)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.182E)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.180S) by April 1, 2027 |
| May 1, 2026 | April 15, 2027 | Course conducted online | [[[[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [OL 26.181](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mfsxol26-181) | French | [[[[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.253A)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.181F)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.182E)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.180S) by April 1, 2027 |
| September 1, 2026 | April 15, 2027 | Course conducted online | [[[[Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | [OL 26.253](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mfsxol26-253) | Arabic | [[[[Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.253A)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.181F)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.182E)](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.180S) by April 1, 2027 |

### Course overview
- Serves as a foundation for those interested in MFS compilation or analysis, for both compilers and users.
- Discusses the principles and concepts underlying the methodology for the collection, compilation, and analytical presentation of monetary statistics as set out in the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG).
- Provides an introduction to the framework for compiling monetary statistics, focusing on the fundamental building blocks for sectoral balance sheets and analytical presentations.
- Covers the compilation process for money and liquidity aggregates, domestic credit, and other relevant indicators, and explains their significance in macroeconomic analysis and policy formulation.

### Core topics and framework
- Fundamental building blocks:
  - Institutional units and sectors
  - Residency and economic territory
  - Characteristics of financial assets and liabilities
- Accounting rules for MFS compilation:
  - Time of recording principles
  - Valuation principles
- Transformation of accounting records of financial corporations into sectoral balance sheets:
  - Central bank
  - Other depository corporations
  - Other financial corporations
- Compilation and analytical presentation:
  - Sectoral balance sheets as the cornerstone for analytical presentations of monetary statistics
  - Compilation methods for money supply and liquidity aggregates from sectoral balance sheets

### Target audience and qualifications
- Target audience:
  - Officials from central banks and/or financial regulatory institutions involved or interested in understanding MFS compilation and analysis.
- Qualifications:
  - Some knowledge of economics and statistics or equivalent experience is helpful.

### Course objectives (learning outcomes)
After completion, participants should be able to understand:
- The scope and use of MFS, including the source data for monetary statistics and the compilation process.
- The foundational building blocks of MFS, including the concepts of residency, economic territory, and institutional sectors, as well as the characteristics of different categories of financial assets and liabilities.
- The accounting rules for the compilation of MFS, including time of recording and valuation principles.
- The different measures of money supply and other key aggregates, as well as their compilation methods from sectoral balance sheets of financial corporations.
- The structure and components of central bank, other depository corporations, and other financial corporations sectoral balance sheets and how they link to the compilation of the analytical surveys.

---


## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [OL 26.180](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mfsxol26-180)
- [OL 26.182](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mfsxol26-182)
- [OL 26.181](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mfsxol26-181)
- [OL 26.253](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mfsxol26-253)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.180S)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.182E)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.181F)
- [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.253A)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/courses/mfsx_
