Algeria vs Jamaica: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Algeria
- Jamaica
How they compare
Algeria currently reports 2.38 against 2.37 in Jamaica, a difference of 0.01.
The two have swapped places 11 times across 61 shared years of data; in 1964 it was Algeria ahead.
Algeria ranks 107th and Jamaica ranks 108th of 158 countries.
Across the 7 decades both report, Algeria averaged higher in 1 and Jamaica in 6.
Head to head by decade
| Decade | Algeria | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4.68 | 2.97 | 1.71 | Algeria |
| 1970s | 4.75 | 12.07 | 7.32 | Jamaica |
| 1980s | 9.77 | 17.28 | 7.5 | Jamaica |
| 1990s | 5.28 | 8.3 | 3.02 | Jamaica |
| 2000s | 1.07 | 2.85 | 1.78 | Jamaica |
| 2010s | 1.05 | 2.57 | 1.51 | Jamaica |
| 2020s | 2.37 | 2.44 | 0.0729 | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Algeria or Jamaica?
- Algeria, at 2.38 against 2.37 in Jamaica as of 2024.
- What is the difference in broad money to total reserves ratio between Algeria and Jamaica?
- 0.01, with Algeria ahead.
- How many years of comparable data are there for Algeria and Jamaica?
- 61 years are reported by both, from 1964 to 2024.
- How do Algeria and Jamaica rank globally for broad money to total reserves ratio?
- Algeria ranks 107th and Jamaica ranks 108th of 158 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).