Albania vs Papua New Guinea: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Albania
- Papua New Guinea
How they compare
Albania currently reports 2.94 against 2.85 in Papua New Guinea, a difference of 0.09.
The two have swapped places 5 times across 26 shared years of data; in 1994 it was Papua New Guinea ahead.
Albania ranks 85th and Papua New Guinea ranks 88th of 159 countries.
Across the 3 decades both report, Albania averaged higher in 2 and Papua New Guinea in 1.
Head to head by decade
| Decade | Albania | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.01 | 6.44 | 2.42 | Papua New Guinea |
| 2000s | 3.71 | 2.1 | 1.61 | Albania |
| 2010s | 3.57 | 2.94 | 0.6283 | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Albania or Papua New Guinea?
- Albania, at 2.94 against 2.85 in Papua New Guinea as of 2024.
- What is the difference in broad money to total reserves ratio between Albania and Papua New Guinea?
- 0.09, with Albania ahead.
- How many years of comparable data are there for Albania and Papua New Guinea?
- 26 years are reported by both, from 1994 to 2019.
- How do Albania and Papua New Guinea rank globally for broad money to total reserves ratio?
- Albania ranks 85th and Papua New Guinea ranks 88th of 159 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money to total reserves ratio. 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. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).