Broad money to total reserves ratio in Mongolia

Mongolia: Broad money to total reserves ratio was 2.27 ratio in 2023. ▲ Rising

Latest (2023)
2.27 ratio
Change on year
down 18.3%
World rank
104th
of 152 countries
All-time high
4.36 ratio
in 2016
All-time low
1.19 ratio
in 2000
Years of data
24
2000–2023

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

12342000201120232000: 1.2 ratio2001: 1.5 ratio2002: 1.6 ratio2003: 3 ratio2004: 3.4 ratio2005: 2.8 ratio2006: 1.8 ratio2007: 2 ratio2008: 3 ratio2009: 1.5 ratio2010: 1.5 ratio2011: 2.1 ratio2012: 1.4 ratio2013: 2.8 ratio2014: 3.5 ratio2015: 3.9 ratio2016: 4.4 ratio2017: 2.2 ratio2018: 2.2 ratio2019: 1.8 ratio2020: 1.9 ratio2021: 2.2 ratio2022: 2.8 ratio2023: 2.3 ratio

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

Analysis

Mongolia recorded 2.27 ratio for broad money to total reserves ratio in 2023.

Compared with earlier readings it is down 18.3% on the previous year and down 17.8% over ten years.

Over the whole period, broad money to total reserves ratio in Mongolia peaked at 4.36 ratio in 2016 and was at its lowest, 1.19 ratio, in 2000.

That places Mongolia 104th out of 152 countries with data for 2023, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.18 ratio 1.19 ratio 3.44 ratio 10
2010s 2.56 ratio 1.36 ratio 4.36 ratio 10
2020s 2.3 ratio 1.91 ratio 2.78 ratio 4

Countries ranked near Mongolia

  1. 101 Denmark 2.4 ratio compare
  2. 102 Cambodia 2.36 ratio compare
  3. 103 Kazakhstan 2.33 ratio compare
  4. 105 Tanzania 2.26 ratio compare
  5. 106 Algeria 2.21 ratio compare
  6. 106 Paraguay 2.21 ratio compare

See the full ranking of 152 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is broad money to total reserves ratio in Mongolia?
Broad money to total reserves ratio in Mongolia was 2.27 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 Mongolia?
The highest recorded value was 4.36 ratio in 2016.
What is the lowest broad money to total reserves ratio recorded in Mongolia?
The lowest recorded value was 1.19 ratio in 2000.
How does Mongolia rank for broad money to total reserves ratio?
Mongolia ranks 104th out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Mongolia?
Over the last ten years it is down 17.8%. The long-run trend across the full record is rising.
Where does this Mongolia 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