Hong Kong, China vs South Africa: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Hong Kong, China
- South Africa
How they compare
South Africa currently reports 4.32 against 4.04 in Hong Kong, China, a difference of 0.28.
That makes South Africa's figure about 1.1 times Hong Kong, China's.
Across all 32 years both countries report, South Africa has been ahead every year.
Hong Kong, China ranks 53rd and South Africa ranks 51st of 159 countries.
South Africa has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hong Kong, China | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.26 | 18.68 | 14.43 | South Africa |
| 2000s | 3.55 | 8.55 | 5 | South Africa |
| 2010s | 3.11 | 5.21 | 2.1 | South Africa |
| 2020s | 3.6 | 4.71 | 1.12 | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Hong Kong, China or South Africa?
- South Africa, at 4.32 against 4.04 in Hong Kong, China as of 2025.
- What is the difference in broad money to total reserves ratio between Hong Kong, China and South Africa?
- 0.28, with South Africa ahead.
- How many years of comparable data are there for Hong Kong, China and South Africa?
- 32 years are reported by both, from 1991 to 2023.
- How do Hong Kong, China and South Africa rank globally for broad money to total reserves ratio?
- Hong Kong, China ranks 53rd and South Africa 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).