Dominica vs Iceland: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Dominica
- Iceland
How they compare
Dominica currently reports 3.55 against 3.49 in Iceland, a difference of 0.06.
The two have swapped places 9 times across 50 shared years of data; in 1975 it was Dominica ahead.
Dominica ranks 64th and Iceland ranks 67th of 159 countries.
Across the 6 decades both report, Dominica averaged higher in 4 and Iceland in 2.
Head to head by decade
| Decade | Dominica | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.63 | 4.87 | 11.76 | Dominica |
| 1980s | 9.58 | 4.12 | 5.46 | Dominica |
| 1990s | 7.14 | 6.44 | 0.709 | Dominica |
| 2000s | 5.82 | 7.67 | 1.85 | Iceland |
| 2010s | 4.29 | 2.48 | 1.82 | Dominica |
| 2020s | 2.92 | 3.04 | 0.1163 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Dominica or Iceland?
- Dominica, at 3.55 against 3.49 in Iceland as of 2025.
- What is the difference in broad money to total reserves ratio between Dominica and Iceland?
- 0.06, with Dominica ahead.
- How many years of comparable data are there for Dominica and Iceland?
- 50 years are reported by both, from 1975 to 2024.
- How do Dominica and Iceland rank globally for broad money to total reserves ratio?
- Dominica ranks 64th and Iceland ranks 67th 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).