Broad money to total reserves ratio in New Zealand

New Zealand: Broad money to total reserves ratio was 16.38 in 2023. ▲ Rising

Latest (2023)
16.38
Change on year
down 6.7%
World rank
9th
of 152 countries
All-time high
17.56
in 2022
All-time low
6.58
in 2006
Years of data
22
2000–2023

Broad money to total reserves ratio in New Zealand, 2000–2023

051015202000201120232000: 10.52001: 12.12002: 10.32003: 11.42004: 11.32005: 10.22006: 6.62007: 6.82008: 11.12009: 72010: 8.12013: 10.92014: 12.12015: 122016: 10.72017: 10.12018: 12.22019: 12.12020: 17.32021: 17.22022: 17.62023: 16.4

Source: Our World in Data.

Analysis

In 2023, broad money to total reserves ratio in New Zealand stood at 16.38.

Compared with earlier readings it is down 6.7% on the previous year and up 50.8% over ten years.

Over the whole period, broad money to total reserves ratio in New Zealand peaked at 17.56 in 2022 and was at its lowest, 6.58, in 2006.

New Zealand ranks 9th of 152 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.72 6.58 12.11 10
2010s 11 8.12 12.2 8
2020s 17.1 16.38 17.56 4

Countries ranked near New Zealand

  1. 6 Eritrea 29.63 compare
  2. 7 United Kingdom 27.95 compare
  3. 8 Burundi 16.71 compare
  4. 10 Ecuador 14.26 compare
  5. 11 Chad 12.75 compare
  6. 12 Palestine 12.47 compare

See the full ranking of 152 places →

More reference data data for New Zealand

All data for New Zealand →

Frequently asked questions

What is broad money to total reserves ratio in New Zealand?
Broad money to total reserves ratio in New Zealand was 16.38 in 2023, according to Our World in Data.
What is the highest broad money to total reserves ratio recorded in New Zealand?
The highest recorded value was 17.56 in 2022.
What is the lowest broad money to total reserves ratio recorded in New Zealand?
The lowest recorded value was 6.58 in 2006.
How does New Zealand rank for broad money to total reserves ratio?
New Zealand ranks 9th out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in New Zealand?
Over the last ten years it is up 50.8%. The long-run trend across the full record is rising.
Where does this New Zealand data come from?
The figures come from 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 — 22 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Broad money to total reserves ratio
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 3,350 data points, 2000–2023
Last refreshed