Solomon Islands vs Tonga: Broad money to total reserves ratio
Broad money to total reserves ratio over time
- Solomon Islands
- Tonga
How they compare
Solomon Islands currently reports 1.1 against 0.9825 in Tonga, a difference of 0.1175.
That makes Solomon Islands's figure about 1.1 times Tonga's.
The two have swapped places 6 times across 36 shared years of data; in 1989 it was Solomon Islands ahead.
Solomon Islands ranks 150th and Tonga ranks 153rd of 158 countries.
Across the 5 decades both report, Solomon Islands averaged higher in 3 and Tonga in 2.
Head to head by decade
| Decade | Solomon Islands | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.13 | 1.3 | 0.8221 | Solomon Islands |
| 1990s | 3.96 | 1.76 | 2.2 | Solomon Islands |
| 2000s | 2.2 | 2.39 | 0.1854 | Tonga |
| 2010s | 0.9948 | 1.33 | 0.3327 | Tonga |
| 2020s | 1.05 | 0.9985 | 0.0498 | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money to total reserves ratio, Solomon Islands or Tonga?
- Solomon Islands, at 1.1 against 0.9825 in Tonga as of 2024.
- What is the difference in broad money to total reserves ratio between Solomon Islands and Tonga?
- 0.1175, with Solomon Islands ahead.
- How many years of comparable data are there for Solomon Islands and Tonga?
- 36 years are reported by both, from 1989 to 2024.
- How do Solomon Islands and Tonga rank globally for broad money to total reserves ratio?
- Solomon Islands ranks 150th and Tonga ranks 153rd 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).