Cape Verde vs Mongolia: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Cape Verde
- Mongolia
How they compare
Mongolia currently reports 2.32 against 2.29 in Cape Verde, a difference of 0.03.
The two have swapped places 3 times across 33 shared years of data; in 1992 it was Mongolia ahead.
Cape Verde ranks 113th and Mongolia ranks 110th of 158 countries.
Cape Verde has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cape Verde | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.22 | 3.12 | 9.1 | Cape Verde |
| 2000s | 5.63 | 2.19 | 3.44 | Cape Verde |
| 2010s | 3.37 | 2.56 | 0.8118 | Cape Verde |
| 2020s | 2.97 | 2.29 | 0.6806 | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Cape Verde or Mongolia?
- Mongolia, at 2.32 against 2.29 in Cape Verde as of 2024.
- What is the difference in broad money to total reserves ratio between Cape Verde and Mongolia?
- 0.03, with Mongolia ahead.
- How many years of comparable data are there for Cape Verde and Mongolia?
- 33 years are reported by both, from 1992 to 2024.
- How do Cape Verde and Mongolia rank globally for broad money to total reserves ratio?
- Cape Verde ranks 113th and Mongolia ranks 110th 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).