Broad money to total reserves ratio in Algeria

Algeria: Broad money to total reserves ratio was 2.21 ratio in 2023. ▲ Rising

Latest (2023)
2.21 ratio
Change on year
down 1.8%
World rank
106th
of 152 countries
All-time high
2.64 ratio
in 2021
All-time low
0.65 ratio
in 2009
Years of data
24
2000–2023

Broad money to total reserves ratio in Algeria, 2000–2023

0.511.522.52000201120232000: 1.5 ratio2001: 1.6 ratio2002: 1.4 ratio2003: 1.2 ratio2004: 1.1 ratio2005: 0.94 ratio2006: 0.82 ratio2007: 0.75 ratio2008: 0.73 ratio2009: 0.65 ratio2010: 0.65 ratio2011: 0.71 ratio2012: 0.71 ratio2013: 0.75 ratio2014: 0.91 ratio2015: 0.9 ratio2016: 1.1 ratio2017: 1.3 ratio2018: 1.6 ratio2019: 1.9 ratio2020: 2.4 ratio2021: 2.6 ratio2022: 2.2 ratio2023: 2.2 ratio

Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.

Analysis

The most recent figure for broad money to total reserves ratio in Algeria is 2.21 ratio, measured in 2023.

Compared with earlier readings it is down 1.8% on the previous year and up 194.7% over ten years.

Over the whole period, broad money to total reserves ratio in Algeria peaked at 2.64 ratio in 2021 and was at its lowest, 0.65 ratio, in 2009.

That places Algeria 106th out of 152 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.07 ratio 0.65 ratio 1.59 ratio 10
2010s 1.05 ratio 0.65 ratio 1.93 ratio 10
2020s 2.36 ratio 2.21 ratio 2.64 ratio 4

Countries ranked near Algeria

  1. 103 Kazakhstan 2.33 ratio compare
  2. 104 Mongolia 2.27 ratio compare
  3. 105 Tanzania 2.26 ratio compare
  4. 106 Paraguay 2.21 ratio compare
  5. 108 Mauritania 2.18 ratio compare
  6. 109 Bosnia and Herzegovina 2.15 ratio compare

See the full ranking of 152 places →

More reference data data for Algeria

All data for Algeria →

Frequently asked questions

What is broad money to total reserves ratio in Algeria?
Broad money to total reserves ratio in Algeria was 2.21 ratio in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest broad money to total reserves ratio recorded in Algeria?
The highest recorded value was 2.64 ratio in 2021.
What is the lowest broad money to total reserves ratio recorded in Algeria?
The lowest recorded value was 0.65 ratio in 2009.
How does Algeria rank for broad money to total reserves ratio?
Algeria ranks 106th out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Algeria?
Over the last ten years it is up 194.7%. The long-run trend across the full record is rising.
Where does this Algeria data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

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