Broad money to total reserves ratio in Madagascar

Madagascar: Broad money to total reserves ratio was 1.64 ratio in 2023. ▼ Falling

Latest (2023)
1.64 ratio
Change on year
down 17.6%
World rank
131st
of 152 countries
All-time high
3.44 ratio
in 2014
All-time low
1.64 ratio
in 2023
Years of data
24
2000–2023

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

01232000201120232000: 2.8 ratio2001: 2.6 ratio2002: 2.9 ratio2003: 3.1 ratio2004: 2.1 ratio2005: 2.1 ratio2006: 2.1 ratio2007: 2 ratio2008: 2.2 ratio2009: 2.1 ratio2010: 2.1 ratio2011: 2.3 ratio2012: 2.4 ratio2013: 3.4 ratio2014: 3.4 ratio2015: 3.1 ratio2016: 2.4 ratio2017: 2.1 ratio2018: 2 ratio2019: 2 ratio2020: 1.9 ratio2021: 1.7 ratio2022: 2 ratio2023: 1.6 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 Madagascar is 1.64 ratio, measured in 2023. That is the lowest value across all 24 years on record.

Compared with earlier readings it is down 17.6% on the previous year and down 51.6% over ten years.

Over the whole period, broad money to total reserves ratio in Madagascar peaked at 3.44 ratio in 2014 and was at its lowest, 1.64 ratio, in 2023.

That places Madagascar 131st out of 152 countries with data for 2023, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.41 ratio 2.03 ratio 3.09 ratio 10
2010s 2.52 ratio 2.03 ratio 3.44 ratio 10
2020s 1.8 ratio 1.64 ratio 1.99 ratio 4

Countries ranked near Madagascar

  1. 128 Haiti 1.74 ratio compare
  2. 129 Botswana 1.7 ratio compare
  3. 130 Suriname 1.68 ratio compare
  4. 132 East Timor 1.6 ratio compare
  5. 133 Comoros 1.56 ratio compare
  6. 134 Angola 1.54 ratio compare

See the full ranking of 152 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is broad money to total reserves ratio in Madagascar?
Broad money to total reserves ratio in Madagascar was 1.64 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 Madagascar?
The highest recorded value was 3.44 ratio in 2014.
What is the lowest broad money to total reserves ratio recorded in Madagascar?
The lowest recorded value was 1.64 ratio in 2023.
How does Madagascar rank for broad money to total reserves ratio?
Madagascar ranks 131st out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Madagascar?
Over the last ten years it is down 51.6%. The long-run trend across the full record is falling.
Where does this Madagascar 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