Broad money to total reserves ratio in Turkey

Turkey: Broad money to total reserves ratio was 4.23 ratio in 2023. β–² Rising

Latest (2023)
4.23 ratio
Change on year
up 3.9%
World rank
44th
of 152 countries
All-time high
5.36 ratio
in 2021
All-time low
3 ratio
in 2003
Years of data
24
2000–2023

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

02462000201120232000: 3.9 ratio2001: 4.5 ratio2002: 3.3 ratio2003: 3 ratio2004: 3.6 ratio2005: 3.7 ratio2006: 3.6 ratio2007: 3.7 ratio2008: 4.8 ratio2009: 4.5 ratio2010: 4.8 ratio2011: 4.8 ratio2012: 3.7 ratio2013: 3.8 ratio2014: 3.8 ratio2015: 4.1 ratio2016: 4.6 ratio2017: 4.3 ratio2018: 4.5 ratio2019: 4.2 ratio2020: 5.2 ratio2021: 5.4 ratio2022: 4.1 ratio2023: 4.2 ratio

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

Analysis

In 2023, broad money to total reserves ratio in Turkey stood at 4.23 ratio.

The figure is up 3.9% on the previous year and up 11.0% over ten years.

Over the whole period, broad money to total reserves ratio in Turkey peaked at 5.36 ratio in 2021 and was at its lowest, 3 ratio, in 2003.

That places Turkey 44th 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 3.86 ratio 3 ratio 4.82 ratio 10
2010s 4.25 ratio 3.67 ratio 4.83 ratio 10
2020s 4.71 ratio 4.07 ratio 5.36 ratio 4

Countries ranked near Turkey

  1. 42 Barbados 4.39 ratio compare
  2. 43 Malaysia 4.37 ratio compare
  3. 45 Tunisia 4.19 ratio compare
  4. 46 India 4.07 ratio compare
  5. 47 Hong Kong 4.04 ratio compare

See the full ranking of 152 places β†’

More reference data data for Turkey

All data for Turkey β†’

Frequently asked questions

What is broad money to total reserves ratio in Turkey?
Broad money to total reserves ratio in Turkey was 4.23 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 Turkey?
The highest recorded value was 5.36 ratio in 2021.
What is the lowest broad money to total reserves ratio recorded in Turkey?
The lowest recorded value was 3 ratio in 2003.
How does Turkey rank for broad money to total reserves ratio?
Turkey ranks 44th out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Turkey?
Over the last ten years it is up 11.0%. The long-run trend across the full record is rising.
Where does this Turkey 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

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