Madagascar vs Rwanda: Broad money to total reserves ratio

Madagascar
1.72
in 2024
Rwanda
1.64
in 2024
Madagascar rank
137th
Rwanda rank
140th

Broad money to total reserves ratio over time

  • Madagascar
  • Rwanda
050100150196219932024

How they compare

Madagascar currently reports 1.72 against 1.64 in Rwanda, a difference of 0.08.

That makes Madagascar's figure about 1.1 times Rwanda's.

The two have swapped places 9 times across 61 shared years of data; in 1964 it was Rwanda ahead.

Madagascar ranks 137th and Rwanda ranks 140th of 158 countries.

Across the 7 decades both report, Madagascar averaged higher in 6 and Rwanda in 1.

Head to head by decade

Decade Madagascar Rwanda Difference Ahead
1960s 4.48 4.67 0.1898 Rwanda
1970s 19.42 2.85 16.56 Madagascar
1980s 19.39 2.19 17.2 Madagascar
1990s 5.76 3.33 2.43 Madagascar
2000s 2.4 1.21 1.2 Madagascar
2010s 2.52 1.77 0.7529 Madagascar
2020s 1.79 1.74 0.0478 Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher broad money to total reserves ratio, Madagascar or Rwanda?
Madagascar, at 1.72 against 1.64 in Rwanda as of 2024.
What is the difference in broad money to total reserves ratio between Madagascar and Rwanda?
0.08, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Rwanda?
61 years are reported by both, from 1964 to 2024.
How do Madagascar and Rwanda rank globally for broad money to total reserves ratio?
Madagascar ranks 137th and Rwanda ranks 140th 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.

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Madagascar vs Rwanda: Broad money to total reserves ratio. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 21 August 2026, from https://financial-sector.statizoid.com/compare/broad-money-to-total-reserves-ratio/madagascar/rwanda/

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About this data

Indicator
Broad money to total reserves ratio
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 7,871 data points, 1960–2025
Last refreshed

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).