Broad money to total reserves ratio in Tonga
Tonga: Broad money to total reserves ratio was 0.93 ratio in 2023. ▼ Falling
Broad money to total reserves ratio in Tonga, 2000–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
In 2023, broad money to total reserves ratio in Tonga stood at 0.93 ratio. That is the lowest value across all 24 years on record.
That represents a change of down 7.0% on the previous year and down 29.5% over ten years.
Over the whole period, broad money to total reserves ratio in Tonga peaked at 3.04 ratio in 2000 and was at its lowest, 0.93 ratio, in 2023.
That places Tonga 146th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.39 ratio | 1.46 ratio | 3.04 ratio | 10 |
| 2010s | 1.33 ratio | 1.17 ratio | 1.54 ratio | 10 |
| 2020s | 0.9875 ratio | 0.93 ratio | 1.02 ratio | 4 |
Countries ranked near Tonga
- 143 Equatorial Guinea 1.11 ratio compare
- 144 Solomon Islands 1.07 ratio compare
- 145 Saudi Arabia 0.95 ratio compare
- 147 Afghanistan 0.77 ratio compare
- 148 Micronesia (country) 0.67 ratio compare
- 149 Tajikistan 0.62 ratio compare
More reference data data for Tonga
- Universal right to vote in practice 2 (2025)
- Consumer price index 174.32 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
- Elected parliament 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Democracy 7 (2025)
- Civil liberties rating 2 (2025)
- Free country 2 (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Tonga?
- Broad money to total reserves ratio in Tonga was 0.93 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 Tonga?
- The highest recorded value was 3.04 ratio in 2000.
- What is the lowest broad money to total reserves ratio recorded in Tonga?
- The lowest recorded value was 0.93 ratio in 2023.
- How does Tonga rank for broad money to total reserves ratio?
- Tonga ranks 146th out of 152 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Tonga?
- Over the last ten years it is down 29.5%. The long-run trend across the full record is falling.
- Where does this Tonga 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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About this data
Broad money to total reserves ratio