Congo, Republic of vs Guinea: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Congo, Republic of
- Guinea
How they compare
Congo, Republic of currently reports 6.08 against 5.59 in Guinea, a difference of 0.49.
That makes Congo, Republic of's figure about 1.1 times Guinea's.
The two have swapped places 4 times across 32 shared years of data; in 1991 it was Congo, Republic of ahead.
Congo, Republic of ranks 32nd and Guinea ranks 35th of 158 countries.
Across the 4 decades both report, Congo, Republic of averaged higher in 3 and Guinea in 1.
Head to head by decade
| Decade | Congo, Republic of | Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 39.59 | 2.93 | 36.66 | Congo, Republic of |
| 2000s | 3.72 | 7.66 | 3.95 | Guinea |
| 2010s | 2.77 | 2.69 | 0.073 | Congo, Republic of |
| 2020s | 4.66 | 2.47 | 2.19 | Congo, Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Congo, Republic of or Guinea?
- Congo, Republic of, at 6.08 against 5.59 in Guinea as of 2023.
- What is the difference in broad money to total reserves ratio between Congo, Republic of and Guinea?
- 0.49, with Congo, Republic of ahead.
- How many years of comparable data are there for Congo, Republic of and Guinea?
- 32 years are reported by both, from 1991 to 2023.
- How do Congo, Republic of and Guinea rank globally for broad money to total reserves ratio?
- Congo, Republic of ranks 32nd and Guinea ranks 35th 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.
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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).