Broad money to total reserves ratio in Azerbaijan

Azerbaijan: Broad money to total reserves ratio was 1.93 ratio in 2023. ▲ Rising

Latest (2023)
1.93 ratio
Change on year
down 13.1%
World rank
121st
of 152 countries
All-time high
2.94 ratio
in 2015
All-time low
1.02 ratio
in 2001
Years of data
24
2000–2023

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

11.522.532000201120232000: 1.3 ratio2001: 1 ratio2002: 1.1 ratio2003: 1.3 ratio2004: 1.4 ratio2005: 1.6 ratio2006: 1.5 ratio2007: 1.6 ratio2008: 1.6 ratio2009: 2 ratio2010: 2 ratio2011: 1.7 ratio2012: 1.9 ratio2013: 1.6 ratio2014: 1.8 ratio2015: 2.9 ratio2016: 1.9 ratio2017: 1.9 ratio2018: 2.1 ratio2019: 2.4 ratio2020: 2.2 ratio2021: 2.5 ratio2022: 2.2 ratio2023: 1.9 ratio

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

Analysis

Azerbaijan recorded 1.93 ratio for broad money to total reserves ratio in 2023.

That represents a change of down 13.1% on the previous year and up 19.1% over ten years.

Over the whole period, broad money to total reserves ratio in Azerbaijan peaked at 2.94 ratio in 2015 and was at its lowest, 1.02 ratio, in 2001.

Azerbaijan ranks 121st of 152 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.45 ratio 1.02 ratio 1.96 ratio 10
2010s 2.03 ratio 1.62 ratio 2.94 ratio 10
2020s 2.21 ratio 1.93 ratio 2.46 ratio 4

Countries ranked near Azerbaijan

  1. 119 Czechia 1.98 ratio compare
  2. 120 Liberia 1.95 ratio compare
  3. 122 Uganda 1.9 ratio compare
  4. 123 Kyrgyzstan 1.88 ratio compare
  5. 124 Switzerland 1.87 ratio compare

See the full ranking of 152 places →

More reference data data for Azerbaijan

All data for Azerbaijan →

Frequently asked questions

What is broad money to total reserves ratio in Azerbaijan?
Broad money to total reserves ratio in Azerbaijan was 1.93 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 Azerbaijan?
The highest recorded value was 2.94 ratio in 2015.
What is the lowest broad money to total reserves ratio recorded in Azerbaijan?
The lowest recorded value was 1.02 ratio in 2001.
How does Azerbaijan rank for broad money to total reserves ratio?
Azerbaijan ranks 121st out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Azerbaijan?
Over the last ten years it is up 19.1%. The long-run trend across the full record is rising.
Where does this Azerbaijan 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