Canada vs United Kingdom of Great Britain and Northern Ireland: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Canada
- United Kingdom of Great Britain and Northern Ireland
How they compare
Canada currently reports 43.41 against 30.04 in United Kingdom of Great Britain and Northern Ireland, a difference of 13.37.
That makes Canada's figure about 1.4 times United Kingdom of Great Britain and Northern Ireland's.
The two have swapped places 8 times across 49 shared years of data; in 1960 it was United Kingdom of Great Britain and Northern Ireland ahead.
Canada ranks 4th and United Kingdom of Great Britain and Northern Ireland ranks 7th of 159 countries.
Across the 5 decades both report, Canada averaged higher in 3 and United Kingdom of Great Britain and Northern Ireland in 2.
Head to head by decade
| Decade | Canada | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 8.3 | 11.91 | 3.61 | United Kingdom of Great Britain and Northern Ireland |
| 1970s | 11.17 | 8.77 | 2.4 | Canada |
| 1980s | 18.99 | 10.6 | 8.39 | Canada |
| 1990s | 24.79 | 22.27 | 2.52 | Canada |
| 2000s | 39.52 | 45.28 | 5.76 | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Canada or United Kingdom of Great Britain and Northern Ireland?
- Canada, at 43.41 against 30.04 in United Kingdom of Great Britain and Northern Ireland as of 2008.
- What is the difference in broad money to total reserves ratio between Canada and United Kingdom of Great Britain and Northern Ireland?
- 13.37, with Canada ahead.
- How many years of comparable data are there for Canada and United Kingdom of Great Britain and Northern Ireland?
- 49 years are reported by both, from 1960 to 2008.
- How do Canada and United Kingdom of Great Britain and Northern Ireland rank globally for broad money to total reserves ratio?
- Canada ranks 4th and United Kingdom of Great Britain and Northern Ireland ranks 7th 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).