Broad money to total reserves ratio in Grenada
Grenada: Broad money to total reserves ratio was 2.94 ratio in 2023. ▼ Falling
Broad money to total reserves ratio in Grenada, 2000–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
Grenada recorded 2.94 ratio for broad money to total reserves ratio in 2023. That is the lowest value across all 24 years on record.
That represents a change of down 7.0% on the previous year and down 41.7% over ten years.
Over the whole period, broad money to total reserves ratio in Grenada peaked at 7.06 ratio in 2001 and was at its lowest, 2.94 ratio, in 2023.
Grenada ranks 73rd of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.26 ratio | 5.23 ratio | 7.06 ratio | 10 |
| 2010s | 5.07 ratio | 4.22 ratio | 6.44 ratio | 10 |
| 2020s | 3.13 ratio | 2.94 ratio | 3.36 ratio | 4 |
Countries ranked near Grenada
- 70 Dominican Republic 3 ratio compare
- 71 Colombia 2.99 ratio compare
- 72 Eswatini 2.98 ratio compare
- 73 Trinidad and Tobago 2.94 ratio compare
- 75 United Arab Emirates 2.91 ratio compare
- 76 Jordan 2.89 ratio compare
More reference data data for Grenada
- Universal right to vote in practice 2 (2025)
- Competitive elections 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Democracy 7 (2025)
- Civil liberties rating 2 (2025)
- Consumer price index 116.33 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Men's universal right to vote 1 (2025)
- Elected parliament 1 (2025)
- Free country 2 (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Grenada?
- Broad money to total reserves ratio in Grenada was 2.94 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 Grenada?
- The highest recorded value was 7.06 ratio in 2001.
- What is the lowest broad money to total reserves ratio recorded in Grenada?
- The lowest recorded value was 2.94 ratio in 2023.
- How does Grenada rank for broad money to total reserves ratio?
- Grenada ranks 73rd out of 152 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Grenada?
- Over the last ten years it is down 41.7%. The long-run trend across the full record is falling.
- Where does this Grenada 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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About this data
Broad money to total reserves ratio