Hong Kong vs India: Broad money to total reserves ratio (International Financial)
Broad money to total reserves ratio (International Financial) over time
- Hong Kong
- India
How they compare
India currently reports 4.07 against 4.04 in Hong Kong, a difference of 0.03.
The two have swapped places 4 times across 30 shared years of data; in 1991 it was India ahead.
Hong Kong ranks 52nd and India ranks 51st of 159 countries.
India has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hong Kong | India | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.26 | 8.62 | 4.37 | India |
| 2000s | 3.55 | 4.16 | 0.6167 | India |
| 2010s | 3.11 | 4.79 | 1.68 | India |
| 2020s | 3.22 | 4.02 | 0.8029 | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Hong Kong or India?
- India, at 4.07 against 4.04 in Hong Kong as of 2021.
- What is the difference in broad money to total reserves ratio between Hong Kong and India?
- 0.03, with India ahead.
- How many years of comparable data are there for Hong Kong and India?
- 30 years are reported by both, from 1991 to 2021.
- How do Hong Kong and India rank globally for broad money to total reserves ratio?
- Hong Kong ranks 52nd and India ranks 51st 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).