Australia vs Zimbabwe: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Australia
- Zimbabwe
How they compare
Zimbabwe currently reports 34.79 against 32.96 in Australia, a difference of 1.83.
That makes Zimbabwe's figure about 1.1 times Australia's.
The two have swapped places 10 times across 42 shared years of data; in 1979 it was Australia ahead.
Australia ranks 6th and Zimbabwe ranks 5th of 158 countries.
Across the 6 decades both report, Australia averaged higher in 5 and Zimbabwe in 1.
Head to head by decade
| Decade | Australia | Zimbabwe | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.9 | 1.54 | 8.35 | Australia |
| 1980s | 8.35 | 7.22 | 1.13 | Australia |
| 1990s | 13.12 | 3.85 | 9.27 | Australia |
| 2000s | 14.14 | 24.58 | 10.44 | Zimbabwe |
| 2010s | 29.42 | 16.05 | 13.37 | Australia |
| 2020s | 38.97 | 36.05 | 2.92 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Australia or Zimbabwe?
- Zimbabwe, at 34.79 against 32.96 in Australia as of 2023.
- What is the difference in broad money to total reserves ratio between Australia and Zimbabwe?
- 1.83, with Zimbabwe ahead.
- How many years of comparable data are there for Australia and Zimbabwe?
- 42 years are reported by both, from 1979 to 2023.
- How do Australia and Zimbabwe rank globally for broad money to total reserves ratio?
- Australia ranks 6th and Zimbabwe ranks 5th 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).