Broad money to total reserves ratio by country

Broad money to total reserves ratio

Countries reporting
152
Highest
54.43 ratio
Sudan
Lowest
0 ratio
Sierra Leone
Median
2.88 ratio
Years covered
24
2000–2023
Data points
3,350

What the numbers show

Broad money to total reserves ratio is currently reported for 152 countries. The highest value is 54.43 ratio in Sudan; the lowest is 0 ratio in Sierra Leone.

The median across all reporting countries is 2.88 ratio, and the mean is 5.45 ratio.

Over the past decade 85 countries rose and 67 fell. The largest increase was in Burundi (up 765.8%), and the largest decrease in Sierra Leone (down 100.0%).

Broad money to total reserves ratio: full country ranking

#Country LatestYear 10-year changeTrend
1 Sudan 54.43 ratio 2017 up 666.6% volatile
2 Canada 43.41 ratio 2008 up 165.8% rising
3 Zimbabwe 43.14 ratio 2023 up 426.7% volatile
4 United States 35.53 ratio 2023 up 6.7% falling
5 Australia 35.5 ratio 2023 up 12.8% rising
6 Eritrea 29.63 ratio 2014 down 28.0% falling
7 United Kingdom 27.95 ratio 2023 down 17.9% falling
8 Burundi 16.71 ratio 2023 up 765.8% volatile
9 New Zealand 16.38 ratio 2023 up 50.8% rising
10 Ecuador 14.26 ratio 2023 up 64.9% rising
11 Chad 12.75 ratio 2021 up 727.9% volatile
12 Palestine 12.47 ratio 2023 up 14.0% rising
13 China 11.76 ratio 2023 up 155.7% rising
14 Ethiopia 10.56 ratio 2008 up 34.4% rising
15 Pakistan 10.48 ratio 2023 down 33.6% rising
16 Egypt 10.47 ratio 2023 down 19.5% volatile
17 Bangladesh 10.25 ratio 2023 up 101.4% falling
18 Argentina 10.08 ratio 2023 up 104.9% volatile
19 Japan 8.95 ratio 2023 down 6.7% falling
20 Democratic Republic of Congo 8.88 ratio 2018 down 58.9% volatile
21 Bolivia 8.74 ratio 2021 up 515.5% volatile
22 Panama 8.09 ratio 2008 down 37.6% falling
23 Sweden 7.66 ratio 2023 up 29.0% flat
24 Bahrain 7.53 ratio 2015 up 65.5% rising
25 South Korea 7.1 ratio 2023 up 40.0% rising
26 South Sudan 7.05 ratio 2020 up 305.2% volatile
27 Sri Lanka 6.92 ratio 2019 up 135.4% rising
28 Brazil 6.8 ratio 2023 up 25.5% falling
29 Ghana 6.66 ratio 2023 up 169.6% rising
30 Maldives 6.52 ratio 2023 up 56.0% rising
31 Vietnam 6.51 ratio 2022 up 0.3% rising
32 Chile 6.13 ratio 2023 up 10.6% rising
33 Congo 6.08 ratio 2023 up 607.0% volatile
34 Kenya 5.89 ratio 2023 up 66.9% rising
35 Djibouti 5.68 ratio 2023 up 94.5% falling
36 Guyana 5.53 ratio 2023 up 116.0% rising
37 El Salvador 5.16 ratio 2021 up 22.0% rising
38 Morocco 4.76 ratio 2023 down 26.4% rising
39 Belize 4.69 ratio 2023 up 52.8% falling
40 Antigua and Barbuda 4.41 ratio 2023 down 24.2% falling
40 South Africa 4.41 ratio 2023 down 15.8% falling
42 Barbados 4.39 ratio 2023 down 39.1% volatile
43 Malaysia 4.37 ratio 2023 up 30.1% rising
44 Turkey 4.23 ratio 2023 up 11.0% rising
45 Tunisia 4.19 ratio 2023 down 0.5% falling
46 India 4.07 ratio 2021 down 15.4% flat
47 Hong Kong 4.04 ratio 2023 up 28.7% falling
48 Saint Kitts and Nevis 3.98 ratio 2023 up 0.3% falling
49 Nepal 3.97 ratio 2023 up 31.0% rising
50 Indonesia 3.96 ratio 2023 up 10.3% rising
51 Qatar 3.85 ratio 2023 up 29.2% falling
52 Bhutan 3.81 ratio 2023 up 273.5% volatile
53 Armenia 3.66 ratio 2023 up 117.9% rising
53 Bahamas 3.66 ratio 2022 down 53.5% falling
55 Norway 3.63 ratio 2023 down 31.4% rising
56 Saint Lucia 3.62 ratio 2023 down 43.1% falling
57 Philippines 3.61 ratio 2022 up 105.1% rising
58 Mexico 3.59 ratio 2023 up 54.1% falling
58 Sao Tome and Principe 3.59 ratio 2023 up 101.7% volatile
60 Malawi 3.46 ratio 2020 down 26.8% volatile
60 Nigeria 3.46 ratio 2022 up 34.6% rising
62 Iceland 3.45 ratio 2023 up 15.8% volatile
63 Honduras 3.4 ratio 2023 up 4.0% rising
64 Georgia 3.29 ratio 2023 up 57.4% rising
65 Namibia 3.26 ratio 2021 down 27.6% falling
65 Thailand 3.26 ratio 2023 up 4.2% falling
67 Macao 3.24 ratio 2023 down 5.3% rising
68 Fiji 3.2 ratio 2023 down 3.0% flat
69 Costa Rica 3.1 ratio 2023 down 11.7% falling
70 Dominican Republic 3 ratio 2023 down 33.9% volatile
71 Colombia 2.99 ratio 2023 down 25.6% rising
72 Eswatini 2.98 ratio 2022 up 87.4% rising
73 Grenada 2.94 ratio 2023 down 41.7% falling
73 Trinidad and Tobago 2.94 ratio 2023 up 101.4% rising
75 United Arab Emirates 2.91 ratio 2023 down 30.0% flat
76 Jordan 2.89 ratio 2016 up 2.1% flat
77 Mozambique 2.88 ratio 2023 up 34.6% rising
78 Papua New Guinea 2.85 ratio 2019 up 74.8% rising
79 Gabon 2.82 ratio 2019 up 127.4% volatile
80 Cape Verde 2.81 ratio 2023 down 19.3% falling
80 Dominica 2.81 ratio 2023 down 49.2% falling
82 Poland 2.78 ratio 2023 down 4.8% flat
83 Guatemala 2.77 ratio 2023 down 20.6% flat
83 Hungary 2.77 ratio 2023 up 57.4% rising
85 Brunei 2.75 ratio 2023 down 13.2% volatile
86 Montenegro 2.72 ratio 2023 down 29.7% falling
87 Zambia 2.67 ratio 2022 up 62.8% flat
88 Mauritius 2.64 ratio 2023 down 22.6% falling
89 Yemen 2.63 ratio 2013 up 209.4% rising
90 Seychelles 2.61 ratio 2023 up 42.6% volatile
91 Oman 2.6 ratio 2017 up 55.7% falling
92 Jamaica 2.59 ratio 2023 down 27.0% falling
93 Belarus 2.54 ratio 2021 down 10.6% falling
93 Israel 2.54 ratio 2023 down 10.6% falling
93 Saint Vincent and the Grenadines 2.54 ratio 2023 down 34.2% falling
96 Guinea 2.51 ratio 2020 down 58.2% volatile
97 Lebanon 2.49 ratio 2017 down 14.1% falling
98 Cameroon 2.47 ratio 2018 up 69.2% falling
99 Uruguay 2.45 ratio 2023 up 55.1% volatile
100 Kuwait 2.41 ratio 2023 down 31.7% falling
101 Denmark 2.4 ratio 2023 up 9.1% falling
102 Cambodia 2.36 ratio 2023 up 37.2% rising
103 Kazakhstan 2.33 ratio 2023 down 24.6% rising
104 Mongolia 2.27 ratio 2023 down 17.8% rising
105 Tanzania 2.26 ratio 2018 up 3.7% rising
106 Algeria 2.21 ratio 2023 up 194.7% rising
106 Paraguay 2.21 ratio 2023 down 7.5% flat
108 Mauritania 2.18 ratio 2019 down 51.1% volatile
109 Bosnia and Herzegovina 2.15 ratio 2023 down 1.8% rising
110 Laos 2.14 ratio 2010 up 8.1% flat
110 Syria 2.14 ratio 2010 down 93.6% volatile
112 Aruba 2.13 ratio 2023 down 24.5% falling
113 Peru 2.1 ratio 2022 up 70.7% flat
114 Central African Republic 2.09 ratio 2022 down 16.7% rising
115 Ukraine 2.08 ratio 2023 down 62.7% volatile
116 Rwanda 2.06 ratio 2023 down 4.2% rising
117 Gambia 2 ratio 2023 down 15.3% rising
117 Romania 2 ratio 2023 up 34.2% rising
119 Czechia 1.98 ratio 2023 down 30.8% falling
120 Liberia 1.95 ratio 2020 up 109.7% volatile
121 Azerbaijan 1.93 ratio 2023 up 19.1% rising
122 Uganda 1.9 ratio 2018 up 28.4% rising
123 Kyrgyzstan 1.88 ratio 2022 up 86.1% rising
124 Switzerland 1.87 ratio 2016 down 79.2% volatile
125 Bulgaria 1.85 ratio 2023 down 19.6% rising
125 North Macedonia 1.85 ratio 2023 down 8.9% rising
127 Russia 1.75 ratio 2020 up 6.7% rising
128 Haiti 1.74 ratio 2023 up 13.0% volatile
129 Botswana 1.7 ratio 2023 up 107.3% rising
130 Suriname 1.68 ratio 2023 down 52.1% flat
131 Madagascar 1.64 ratio 2023 down 51.6% falling
132 East Timor 1.6 ratio 2023 up 119.2% rising
133 Comoros 1.56 ratio 2023 up 12.2% rising
134 Angola 1.54 ratio 2023 up 10.0% volatile
135 Vanuatu 1.53 ratio 2023 down 51.7% falling
136 Serbia 1.52 ratio 2023 up 16.0% rising
137 Moldova 1.51 ratio 2023 down 14.7% falling
138 Singapore 1.4 ratio 2020 up 9.4% rising
139 Nicaragua 1.39 ratio 2022 down 25.7% falling
140 Samoa 1.33 ratio 2023 down 47.6% rising
141 Iraq 1.23 ratio 2023 up 24.2% rising
142 Lesotho 1.19 ratio 2020 up 101.7% rising
143 Equatorial Guinea 1.11 ratio 2023 up 63.2% volatile
144 Solomon Islands 1.07 ratio 2023 up 17.6% volatile
145 Saudi Arabia 0.95 ratio 2017 up 37.7% volatile
146 Tonga 0.93 ratio 2023 down 29.5% falling
147 Afghanistan 0.77 ratio 2020 down 29.4% falling
148 Micronesia (country) 0.67 ratio 2021 down 57.6% falling
149 Tajikistan 0.62 ratio 2022 down 73.8% volatile
150 Uzbekistan 0.52 ratio 2023 down 16.1% falling
151 Libya 0.28 ratio 2021 down 31.7% volatile
152 Sierra Leone 0 ratio 2023 down 100.0% volatile

About this data

Indicator
Broad money to total reserves ratio
Unit
ratio
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 3,350 data points, 2000–2023
Last refreshed

Broad money to total reserves ratio