Nicaragua vs Singapore: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Nicaragua
- Singapore
How they compare
Singapore currently reports 1.4 against 1.39 in Nicaragua, a difference of 0.01.
Across all 54 years both countries report, Nicaragua has been ahead every year.
Nicaragua ranks 146th and Singapore ranks 145th of 159 countries.
Nicaragua has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Nicaragua | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.99 | 1.31 | 0.6841 | Nicaragua |
| 1970s | 2.89 | 1.02 | 1.87 | Nicaragua |
| 1980s | 8.84 | 1.19 | 7.64 | Nicaragua |
| 1990s | 3.52 | 1.14 | 2.37 | Nicaragua |
| 2000s | 2.77 | 1.21 | 1.56 | Nicaragua |
| 2010s | 1.93 | 1.49 | 0.4389 | Nicaragua |
| 2020s | 1.58 | 1.4 | 0.1736 | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Nicaragua or Singapore?
- Singapore, at 1.4 against 1.39 in Nicaragua as of 2020.
- What is the difference in broad money to total reserves ratio between Nicaragua and Singapore?
- 0.01, with Singapore ahead.
- How many years of comparable data are there for Nicaragua and Singapore?
- 54 years are reported by both, from 1963 to 2020.
- How do Nicaragua and Singapore rank globally for broad money to total reserves ratio?
- Nicaragua ranks 146th and Singapore ranks 145th 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).