Broad money to total reserves ratio in Jamaica

Jamaica: Broad money to total reserves ratio was 2.59 ratio in 2023. ▼ Falling

Latest (2023)
2.59 ratio
Change on year
up 3.2%
World rank
92nd
of 152 countries
All-time high
3.62 ratio
in 2003
All-time low
2.04 ratio
in 2017
Years of data
24
2000–2023

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

012342000201120232000: 3.4 ratio2001: 2.2 ratio2002: 2.8 ratio2003: 3.6 ratio2004: 2.6 ratio2005: 2.3 ratio2006: 2.4 ratio2007: 3.2 ratio2008: 3.4 ratio2009: 2.6 ratio2010: 2.3 ratio2011: 2.7 ratio2012: 3.2 ratio2013: 3.5 ratio2014: 2.5 ratio2015: 2.3 ratio2016: 2.2 ratio2017: 2 ratio2018: 2.4 ratio2019: 2.5 ratio2020: 2.5 ratio2021: 2.2 ratio2022: 2.5 ratio2023: 2.6 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 Jamaica is 2.59 ratio, measured in 2023.

The figure is up 3.2% on the previous year and down 27.0% over ten years.

Over the whole period, broad money to total reserves ratio in Jamaica peaked at 3.62 ratio in 2003 and was at its lowest, 2.04 ratio, in 2017.

That places Jamaica 92nd out of 152 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.85 ratio 2.25 ratio 3.62 ratio 10
2010s 2.57 ratio 2.04 ratio 3.55 ratio 10
2020s 2.46 ratio 2.2 ratio 2.59 ratio 4

Countries ranked near Jamaica

  1. 89 Yemen 2.63 ratio compare
  2. 90 Seychelles 2.61 ratio compare
  3. 91 Oman 2.6 ratio compare
  4. 93 Belarus 2.54 ratio compare
  5. 93 Israel 2.54 ratio compare
  6. 93 Saint Vincent and the Grenadines 2.54 ratio compare

See the full ranking of 152 places →

More reference data data for Jamaica

All data for Jamaica →

Frequently asked questions

What is broad money to total reserves ratio in Jamaica?
Broad money to total reserves ratio in Jamaica was 2.59 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 Jamaica?
The highest recorded value was 3.62 ratio in 2003.
What is the lowest broad money to total reserves ratio recorded in Jamaica?
The lowest recorded value was 2.04 ratio in 2017.
How does Jamaica rank for broad money to total reserves ratio?
Jamaica ranks 92nd out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Jamaica?
Over the last ten years it is down 27.0%. The long-run trend across the full record is falling.
Where does this Jamaica 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