Broad money to total reserves ratio in United Kingdom

United Kingdom: Broad money to total reserves ratio was 27.95 ratio in 2023. ▼ Falling

Latest (2023)
27.95 ratio
Change on year
down 2.6%
World rank
7th
of 152 countries
All-time high
71.78 ratio
in 2008
All-time low
23.11 ratio
in 2019
Years of data
24
2000–2023

Broad money to total reserves ratio in United Kingdom, 2000–2023

2030405060702000201120232000: 30.8 ratio2001: 34.2 ratio2002: 32.3 ratio2003: 37.7 ratio2004: 42.1 ratio2005: 50 ratio2006: 53.5 ratio2007: 55.3 ratio2008: 71.8 ratio2009: 49.6 ratio2010: 41.4 ratio2011: 36.7 ratio2012: 34.1 ratio2013: 34 ratio2014: 33.3 ratio2015: 26.5 ratio2016: 28 ratio2017: 25.8 ratio2018: 24.6 ratio2019: 23.1 ratio2020: 24.6 ratio2021: 26.8 ratio2022: 28.7 ratio2023: 27.9 ratio

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

Analysis

United Kingdom recorded 27.95 ratio for broad money to total reserves ratio in 2023.

The figure is down 2.6% on the previous year and down 17.9% over ten years.

Over the whole period, broad money to total reserves ratio in United Kingdom peaked at 71.78 ratio in 2008 and was at its lowest, 23.11 ratio, in 2019.

United Kingdom ranks 7th of 152 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 45.71 ratio 30.78 ratio 71.78 ratio 10
2010s 30.76 ratio 23.11 ratio 41.44 ratio 10
2020s 27 ratio 24.55 ratio 28.71 ratio 4

Countries ranked near United Kingdom

  1. 4 United States 35.53 ratio compare
  2. 5 Australia 35.5 ratio compare
  3. 6 Eritrea 29.63 ratio compare
  4. 8 Burundi 16.71 ratio compare
  5. 9 New Zealand 16.38 ratio compare
  6. 10 Ecuador 14.26 ratio compare

See the full ranking of 152 places →

More reference data data for United Kingdom

All data for United Kingdom →

Frequently asked questions

What is broad money to total reserves ratio in United Kingdom?
Broad money to total reserves ratio in United Kingdom was 27.95 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 United Kingdom?
The highest recorded value was 71.78 ratio in 2008.
What is the lowest broad money to total reserves ratio recorded in United Kingdom?
The lowest recorded value was 23.11 ratio in 2019.
How does United Kingdom rank for broad money to total reserves ratio?
United Kingdom ranks 7th out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in United Kingdom?
Over the last ten years it is down 17.9%. The long-run trend across the full record is falling.
Where does this United Kingdom 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