Broad money in Pacific island small states
Pacific island small states: Broad money was 77.8% in 2023. ▲ Rising
Broad money in Pacific island small states, 1961–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, broad money in Pacific island small states stood at 77.8%.
Compared with earlier readings it is down 2.9% on the previous year and up 27.5% over ten years.
Over the whole period, broad money in Pacific island small states peaked at 88.0% in 2021 and was at its lowest, 28.2%, in 1973.
That places Pacific island small states 19th out of 44 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 63 years of available data.
Broad money in Pacific island small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1961 | 29.4% | — |
| 1962 | 28.3% | -4.0% |
| 1963 | 33.9% | +19.9% |
| 1964 | 37.4% | +10.2% |
| 1965 | 32.6% | -12.7% |
| 1966 | 33.9% | +4.0% |
| 1967 | 32.8% | -3.5% |
| 1968 | 32.3% | -1.3% |
| 1969 | 34.7% | +7.2% |
| 1970 | 29.6% | -14.5% |
| 1971 | 31.7% | +7.0% |
| 1972 | 31.9% | +0.5% |
| 1973 | 28.2% | -11.4% |
| 1974 | 29.9% | +5.9% |
| 1975 | 31.0% | +3.7% |
| 1976 | 28.8% | -7.1% |
| 1977 | 32.0% | +10.9% |
| 1978 | 32.0% | +0.1% |
| 1979 | 35.9% | +12.1% |
| 1980 | 33.9% | -5.6% |
| 1981 | 32.5% | -4.0% |
| 1982 | 35.0% | +7.7% |
| 1983 | 37.6% | +7.6% |
| 1984 | 38.9% | +3.3% |
| 1985 | 39.7% | +2.1% |
| 1986 | 43.4% | +9.3% |
| 1987 | 44.2% | +2.0% |
| 1988 | 47.8% | +8.1% |
| 1989 | 49.3% | +3.1% |
| 1990 | 51.8% | +5.1% |
| 1991 | 54.8% | +5.7% |
| 1992 | 53.6% | -2.2% |
| 1993 | 52.3% | -2.3% |
| 1994 | 47.7% | -8.8% |
| 1995 | 48.7% | +2.1% |
| 1996 | 46.8% | -4.0% |
| 1997 | 43.7% | -6.6% |
| 1998 | 42.2% | -3.5% |
| 1999 | 40.9% | -3.1% |
| 2000 | 42.9% | +5.1% |
| 2001 | 44.5% | +3.5% |
| 2002 | 48.1% | +8.2% |
| 2003 | 49.8% | +3.6% |
| 2004 | 51.1% | +2.5% |
| 2005 | 54.4% | +6.5% |
| 2006 | 59.6% | +9.5% |
| 2007 | 63.3% | +6.3% |
| 2008 | 58.7% | -7.3% |
| 2009 | 60.5% | +3.0% |
| 2010 | 58.5% | -3.3% |
| 2011 | 57.8% | -1.2% |
| 2012 | 58.4% | +1.0% |
| 2013 | 61.1% | +4.6% |
| 2014 | 60.3% | -1.2% |
| 2015 | 63.2% | +4.9% |
| 2016 | 64.6% | +2.1% |
| 2017 | 65.5% | +1.4% |
| 2018 | 64.8% | -1.1% |
| 2019 | 65.6% | +1.2% |
| 2020 | 77.3% | +17.9% |
| 2021 | 88.0% | +13.8% |
| 2022 | 80.2% | -8.9% |
| 2023 | 77.8% | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 32.8% | 28.3% | 37.4% | 9 |
| 1970s | 31.1% | 28.2% | 35.9% | 10 |
| 1980s | 40.2% | 32.5% | 49.3% | 10 |
| 1990s | 48.3% | 40.9% | 54.8% | 10 |
| 2000s | 53.3% | 42.9% | 63.3% | 10 |
| 2010s | 62.0% | 57.8% | 65.6% | 10 |
| 2020s | 80.8% | 77.3% | 88.0% | 4 |
Countries ranked near Pacific island small states
More financial sector data for Pacific island small states
- Domestic credit to private sector 85.2% (2024)
- Total reserves in months of imports, annual growth rate -0.3486 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Net migration, annual growth rate 0.164 % change on previous year (2025)
- Net migration -10,352 (2025)
- Domestic credit to private sector by banks 60.2% (2024)
- Claims on central government, etc. 19.0% (2024)
- Monetary Sector credit to private sector 60.4% (2024)
- Total reserves in months of imports 7.02 (2024)
Frequently asked questions
- What is broad money in Pacific island small states?
- Broad money in Pacific island small states was 77.8% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Pacific island small states?
- The highest recorded value was 88.0% in 2021.
- What is the lowest broad money recorded in Pacific island small states?
- The lowest recorded value was 28.2% in 1973.
- How does Pacific island small states rank for broad money?
- Pacific island small states ranks 19th out of 44 groups with data for 2023.
- Is broad money rising or falling in Pacific island small states?
- Over the last ten years it is up 27.5%. The long-run trend across the full record is rising.
- Where does this Pacific island small states data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
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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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.