Broad money to total reserves ratio in Algeria
Algeria: Broad money to total reserves ratio was 2.38 in 2024. ◆ Volatile
Broad money to total reserves ratio in Algeria, 1964–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Algeria recorded 2.38 for broad money to total reserves ratio in 2024.
That represents a change of up 8.1% on the previous year and up 162.0% over ten years.
Over the whole period, broad money to total reserves ratio in Algeria peaked at 15.52 in 1988 and was at its lowest, 0.6472, in 2009.
That places Algeria 108th out of 159 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money to total reserves ratio in Algeria, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 4.95 | — |
| 1965 | 5.81 | +17.3% |
| 1966 | 4.29 | -26.3% |
| 1967 | 3.43 | -19.9% |
| 1968 | 3.87 | +12.7% |
| 1969 | 5.73 | +48.2% |
| 1970 | 7.52 | +31.1% |
| 1971 | 5.28 | -29.8% |
| 1972 | 6.32 | +19.9% |
| 1973 | 3.37 | -46.8% |
| 1974 | 2.49 | -26.0% |
| 1975 | 4.51 | +81.0% |
| 1976 | 4.19 | -7.2% |
| 1977 | 4.84 | +15.5% |
| 1978 | 5.27 | +8.9% |
| 1979 | 3.75 | -28.8% |
| 1980 | 3.45 | -7.9% |
| 1981 | 4.28 | +23.9% |
| 1982 | 6.04 | +41.2% |
| 1983 | 8.64 | +43.1% |
| 1984 | 12.27 | +42.0% |
| 1985 | 9.59 | -21.8% |
| 1986 | 12.56 | +31.1% |
| 1987 | 12.24 | -2.5% |
| 1988 | 15.52 | +26.8% |
| 1989 | 13.13 | -15.5% |
| 1990 | 14.18 | +8.0% |
| 1991 | 6.49 | -54.2% |
| 1992 | 7.52 | +15.8% |
| 1993 | 6.85 | -8.9% |
| 1994 | 4.01 | -41.5% |
| 1995 | 3.73 | -6.9% |
| 1996 | 2.46 | -34.0% |
| 1997 | 1.8 | -26.9% |
| 1998 | 2.42 | +34.4% |
| 1999 | 3.34 | +38.3% |
| 2000 | 1.53 | -54.2% |
| 2001 | 1.59 | +3.7% |
| 2002 | 1.42 | -10.7% |
| 2003 | 1.2 | -15.1% |
| 2004 | 1.11 | -8.0% |
| 2005 | 0.9389 | -15.2% |
| 2006 | 0.8229 | -12.3% |
| 2007 | 0.7525 | -8.6% |
| 2008 | 0.7273 | -3.3% |
| 2009 | 0.6472 | -11.0% |
| 2010 | 0.6531 | +0.9% |
| 2011 | 0.7114 | +8.9% |
| 2012 | 0.7082 | -0.4% |
| 2013 | 0.7469 | +5.5% |
| 2014 | 0.91 | +21.8% |
| 2015 | 0.9038 | -0.7% |
| 2016 | 1.05 | +15.6% |
| 2017 | 1.29 | +23.1% |
| 2018 | 1.63 | +26.9% |
| 2019 | 1.93 | +18.0% |
| 2020 | 2.35 | +22.2% |
| 2021 | 2.64 | +12.3% |
| 2022 | 2.25 | -14.9% |
| 2023 | 2.21 | -2.0% |
| 2024 | 2.38 | +8.1% |
Algeria compared with similar countries
- Algeria's 2.38 is below the median for upper middle income countries, which is 2.94, 81% of the median. (55 countries reporting)
- Algeria's 2.38 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.71, 88% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.68 | 3.43 | 5.81 | 6 |
| 1970s | 4.75 | 2.49 | 7.52 | 10 |
| 1980s | 9.77 | 3.45 | 15.52 | 10 |
| 1990s | 5.28 | 1.8 | 14.18 | 10 |
| 2000s | 1.07 | 0.6472 | 1.59 | 10 |
| 2010s | 1.05 | 0.6531 | 1.93 | 10 |
| 2020s | 2.37 | 2.21 | 2.64 | 5 |
Countries ranked near Algeria
More financial sector data for Algeria
- Reserve position in the IMF, US dollar, annual growth rate 7.41 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 14.63 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.28 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.69 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.41 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0024 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 14.63 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.28 % change on previous year (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Algeria?
- Broad money to total reserves ratio in Algeria was 2.38 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Algeria?
- The highest recorded value was 15.52 in 1988.
- What is the lowest broad money to total reserves ratio recorded in Algeria?
- The lowest recorded value was 0.6472 in 2009.
- How does Algeria rank for broad money to total reserves ratio?
- Algeria ranks 108th out of 159 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Algeria?
- Over the last ten years it is up 162.0%. The long-run trend across the full record is volatile.
- Where does this Algeria data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money to total reserves ratio. 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. 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).