Libya vs Micronesia: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Libya
- Micronesia
How they compare
Micronesia currently reports 0.6682 against 0.2758 in Libya, a difference of 0.3924.
That makes Micronesia's figure about 2.4 times Libya's.
The two have swapped places 3 times across 27 shared years of data; in 1995 it was Libya ahead.
Libya ranks 158th and Micronesia ranks 156th of 158 countries.
Across the 4 decades both report, Libya averaged higher in 2 and Micronesia in 2.
Head to head by decade
| Decade | Libya | Micronesia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.82 | 1.23 | 1.59 | Libya |
| 2000s | 0.5107 | 1.63 | 1.11 | Micronesia |
| 2010s | 0.6739 | 1.45 | 0.7794 | Micronesia |
| 2020s | 0.7184 | 0.6527 | 0.0657 | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Libya or Micronesia?
- Micronesia, at 0.6682 against 0.2758 in Libya as of 2021.
- What is the difference in broad money to total reserves ratio between Libya and Micronesia?
- 0.3924, with Micronesia ahead.
- How many years of comparable data are there for Libya and Micronesia?
- 27 years are reported by both, from 1995 to 2021.
- How do Libya and Micronesia rank globally for broad money to total reserves ratio?
- Libya ranks 158th and Micronesia ranks 156th 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).