Armenia vs Denmark: Broad money
Broad money over time
- Armenia
- Denmark
How they compare
Denmark currently reports 62.6% against 61.3% in Armenia, a difference of 1.3%.
The two have swapped places 1 time across 33 shared years of data; in 1992 it was Armenia ahead.
Armenia ranks 78th and Denmark ranks 75th of 167 countries.
Denmark has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Denmark | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 26.0% | 57.1% | 31.2% | Denmark |
| 2000s | 17.5% | 53.3% | 35.8% | Denmark |
| 2010s | 37.6% | 63.1% | 25.5% | Denmark |
| 2020s | 54.6% | 63.5% | 8.9% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Armenia or Denmark?
- Denmark, at 62.6% against 61.3% in Armenia as of 2024.
- What is the difference in broad money between Armenia and Denmark?
- 1.3%, with Denmark ahead.
- How many years of comparable data are there for Armenia and Denmark?
- 33 years are reported by both, from 1992 to 2024.
- How do Armenia and Denmark rank globally for broad money?
- Armenia ranks 78th and Denmark ranks 75th of 167 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.