Broad money to total reserves ratio in Australia

Australia: Broad money to total reserves ratio was 35.5 ratio in 2023. ▲ Rising

Latest (2023)
35.5 ratio
Change on year
down 11.4%
World rank
5th
of 152 countries
All-time high
42.88 ratio
in 2020
All-time low
10.49 ratio
in 2003
Years of data
24
2000–2023

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

102030402000201120232000: 14.9 ratio2001: 14.3 ratio2002: 12.9 ratio2003: 10.5 ratio2004: 12.9 ratio2005: 12.6 ratio2006: 11.3 ratio2007: 28.8 ratio2008: 31.4 ratio2009: 21 ratio2010: 27.3 ratio2011: 29.9 ratio2012: 31.9 ratio2013: 31.5 ratio2014: 29.6 ratio2015: 33.7 ratio2016: 27.2 ratio2017: 23.6 ratio2018: 30.2 ratio2019: 29.5 ratio2020: 42.9 ratio2021: 37.4 ratio2022: 40.1 ratio2023: 35.5 ratio

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

Analysis

In 2023, broad money to total reserves ratio in Australia stood at 35.5 ratio.

That represents a change of down 11.4% on the previous year and up 12.8% over ten years.

Over the whole period, broad money to total reserves ratio in Australia peaked at 42.88 ratio in 2020 and was at its lowest, 10.49 ratio, in 2003.

That places Australia 5th out of 152 countries with data for 2023, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.04 ratio 10.49 ratio 31.35 ratio 10
2010s 29.42 ratio 23.55 ratio 33.7 ratio 10
2020s 38.97 ratio 35.5 ratio 42.88 ratio 4

Countries ranked near Australia

  1. 2 Canada 43.41 ratio compare
  2. 3 Zimbabwe 43.14 ratio compare
  3. 4 United States 35.53 ratio compare
  4. 6 Eritrea 29.63 ratio compare
  5. 7 United Kingdom 27.95 ratio compare
  6. 8 Burundi 16.71 ratio compare

See the full ranking of 152 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is broad money to total reserves ratio in Australia?
Broad money to total reserves ratio in Australia was 35.5 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 Australia?
The highest recorded value was 42.88 ratio in 2020.
What is the lowest broad money to total reserves ratio recorded in Australia?
The lowest recorded value was 10.49 ratio in 2003.
How does Australia rank for broad money to total reserves ratio?
Australia ranks 5th out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Australia?
Over the last ten years it is up 12.8%. The long-run trend across the full record is rising.
Where does this Australia 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.

Download this data

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