China vs New Zealand: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- China
- New Zealand
How they compare
China currently reports 12.34 against 9.34 in New Zealand, a difference of 3.
That makes China's figure about 1.3 times New Zealand's.
The two have swapped places 8 times across 46 shared years of data; in 1977 it was China ahead.
China ranks 14th and New Zealand ranks 16th of 159 countries.
Across the 6 decades both report, China averaged higher in 1 and New Zealand in 5.
Head to head by decade
| Decade | China | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.38 | 10.66 | 2.29 | New Zealand |
| 1980s | 7.83 | 7.65 | 0.1742 | China |
| 1990s | 9.81 | 10.25 | 0.4384 | New Zealand |
| 2000s | 5.49 | 9.72 | 4.23 | New Zealand |
| 2010s | 6.56 | 11 | 4.44 | New Zealand |
| 2020s | 11.14 | 16.04 | 4.9 | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, China or New Zealand?
- China, at 12.34 against 9.34 in New Zealand as of 2024.
- What is the difference in broad money to total reserves ratio between China and New Zealand?
- 3, with China ahead.
- How many years of comparable data are there for China and New Zealand?
- 46 years are reported by both, from 1977 to 2024.
- How do China and New Zealand rank globally for broad money to total reserves ratio?
- China ranks 14th and New Zealand ranks 16th 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).