Broad money to total reserves ratio in Iceland

Iceland: Broad money to total reserves ratio was 3.45 ratio in 2023. ◆ Volatile

Latest (2023)
3.45 ratio
Change on year
up 7.8%
World rank
62nd
of 152 countries
All-time high
10.52 ratio
in 2005
All-time low
1.56 ratio
in 2011
Years of data
24
2000–2023

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

2468102000201120232000: 9.4 ratio2001: 9.9 ratio2002: 9.3 ratio2003: 7.7 ratio2004: 7.4 ratio2005: 10.5 ratio2006: 6.9 ratio2007: 7.1 ratio2008: 5 ratio2009: 3.4 ratio2010: 2.1 ratio2011: 1.6 ratio2012: 2.8 ratio2013: 3 ratio2014: 3.4 ratio2015: 2.6 ratio2016: 1.9 ratio2017: 2.5 ratio2018: 2.7 ratio2019: 2.4 ratio2020: 2.4 ratio2021: 2.6 ratio2022: 3.2 ratio2023: 3.5 ratio

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

Analysis

In 2023, broad money to total reserves ratio in Iceland stood at 3.45 ratio.

Compared with earlier readings it is up 7.8% on the previous year and up 15.8% over ten years.

Over the whole period, broad money to total reserves ratio in Iceland peaked at 10.52 ratio in 2005 and was at its lowest, 1.56 ratio, in 2011.

That places Iceland 62nd out of 152 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.67 ratio 3.38 ratio 10.52 ratio 10
2010s 2.48 ratio 1.56 ratio 3.35 ratio 10
2020s 2.92 ratio 2.43 ratio 3.45 ratio 4

Countries ranked near Iceland

  1. 60 Malawi 3.46 ratio compare
  2. 60 Nigeria 3.46 ratio compare
  3. 63 Honduras 3.4 ratio compare
  4. 64 Georgia 3.29 ratio compare
  5. 65 Namibia 3.26 ratio compare
  6. 65 Thailand 3.26 ratio compare

See the full ranking of 152 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is broad money to total reserves ratio in Iceland?
Broad money to total reserves ratio in Iceland was 3.45 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 Iceland?
The highest recorded value was 10.52 ratio in 2005.
What is the lowest broad money to total reserves ratio recorded in Iceland?
The lowest recorded value was 1.56 ratio in 2011.
How does Iceland rank for broad money to total reserves ratio?
Iceland ranks 62nd out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Iceland?
Over the last ten years it is up 15.8%. The long-run trend across the full record is volatile.
Where does this Iceland 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

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