Republic of Korea vs Sweden: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Republic of Korea
- Sweden
How they compare
Sweden currently reports 7.52 against 7.3 in Republic of Korea, a difference of 0.22.
The two have swapped places 6 times across 65 shared years of data; in 1960 it was Sweden ahead.
Republic of Korea ranks 26th and Sweden ranks 24th of 158 countries.
Across the 7 decades both report, Republic of Korea averaged higher in 2 and Sweden in 5.
Head to head by decade
| Decade | Republic of Korea | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.82 | 15.86 | 13.04 | Sweden |
| 1970s | 7.37 | 13.63 | 6.25 | Sweden |
| 1980s | 9.32 | 8.73 | 0.5945 | Republic of Korea |
| 1990s | 6.55 | 5.56 | 0.9957 | Republic of Korea |
| 2000s | 5.03 | 7.68 | 2.65 | Sweden |
| 2010s | 5.45 | 6.44 | 0.9857 | Sweden |
| 2020s | 6.84 | 8.07 | 1.22 | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Republic of Korea or Sweden?
- Sweden, at 7.52 against 7.3 in Republic of Korea as of 2024.
- What is the difference in broad money to total reserves ratio between Republic of Korea and Sweden?
- 0.22, with Sweden ahead.
- How many years of comparable data are there for Republic of Korea and Sweden?
- 65 years are reported by both, from 1960 to 2024.
- How do Republic of Korea and Sweden rank globally for broad money to total reserves ratio?
- Republic of Korea ranks 26th and Sweden ranks 24th 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.
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).