Broad money to total reserves ratio in Mexico

Mexico: Broad money to total reserves ratio was 3.59 ratio in 2023. ▼ Falling

Latest (2023)
3.59 ratio
Change on year
up 18.1%
World rank
58th
of 152 countries
All-time high
4.45 ratio
in 2000
All-time low
2.25 ratio
in 2012
Years of data
24
2000–2023

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

012342000201120232000: 4.5 ratio2001: 4.2 ratio2002: 3.8 ratio2003: 3.2 ratio2004: 3.2 ratio2005: 3.1 ratio2006: 3.3 ratio2007: 3.1 ratio2008: 3.1 ratio2009: 2.7 ratio2010: 2.7 ratio2011: 2.4 ratio2012: 2.2 ratio2013: 2.3 ratio2014: 2.3 ratio2015: 2.4 ratio2016: 2.3 ratio2017: 2.5 ratio2018: 2.6 ratio2019: 2.6 ratio2020: 2.5 ratio2021: 2.7 ratio2022: 3 ratio2023: 3.6 ratio

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

Analysis

In 2023, broad money to total reserves ratio in Mexico stood at 3.59 ratio.

That represents a change of up 18.1% on the previous year and up 54.1% over ten years.

Over the whole period, broad money to total reserves ratio in Mexico peaked at 4.45 ratio in 2000 and was at its lowest, 2.25 ratio, in 2012.

That places Mexico 58th 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 3.42 ratio 2.69 ratio 4.45 ratio 10
2010s 2.44 ratio 2.25 ratio 2.69 ratio 10
2020s 2.95 ratio 2.45 ratio 3.59 ratio 4

Countries ranked near Mexico

  1. 55 Norway 3.63 ratio compare
  2. 56 Saint Lucia 3.62 ratio compare
  3. 57 Philippines 3.61 ratio compare
  4. 58 Sao Tome and Principe 3.59 ratio compare
  5. 60 Malawi 3.46 ratio compare
  6. 60 Nigeria 3.46 ratio compare

See the full ranking of 152 places →

More reference data data for Mexico

All data for Mexico →

Frequently asked questions

What is broad money to total reserves ratio in Mexico?
Broad money to total reserves ratio in Mexico was 3.59 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 Mexico?
The highest recorded value was 4.45 ratio in 2000.
What is the lowest broad money to total reserves ratio recorded in Mexico?
The lowest recorded value was 2.25 ratio in 2012.
How does Mexico rank for broad money to total reserves ratio?
Mexico ranks 58th out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Mexico?
Over the last ten years it is up 54.1%. The long-run trend across the full record is falling.
Where does this Mexico 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