Broad money to total reserves ratio (International Financial) in Canada
Canada: Broad money to total reserves ratio (International Financial) was 43.41 in 2008. ◆ Volatile
Broad money to total reserves ratio in Canada, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2008, broad money to total reserves ratio in Canada stood at 43.41.
The figure is up 8.3% on the previous year and up 121.0% over ten years.
Over the whole period, broad money to total reserves ratio in Canada peaked at 59.72 in 2006 and was at its lowest, 5.93, in 1962.
That places Canada 4th out of 159 countries with data for 2008, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money to total reserves ratio (International Financial) in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 7.45 | — |
| 1961 | 6.78 | -9.0% |
| 1962 | 5.93 | -12.6% |
| 1963 | 6.42 | +8.4% |
| 1964 | 6.38 | -0.6% |
| 1965 | 6.7 | +5.0% |
| 1966 | 9.69 | +44.7% |
| 1967 | 11.04 | +13.9% |
| 1968 | 10.67 | -3.3% |
| 1969 | 11.97 | +12.2% |
| 1970 | 8.9 | -25.7% |
| 1971 | 8.22 | -7.6% |
| 1972 | 8.43 | +2.5% |
| 1973 | 9.19 | +9.0% |
| 1974 | 9.11 | -0.9% |
| 1975 | 12.14 | +33.3% |
| 1976 | 14.11 | +16.2% |
| 1977 | 16.19 | +14.8% |
| 1978 | 15.04 | -7.1% |
| 1979 | 10.39 | -30.9% |
| 1980 | 10.73 | +3.3% |
| 1981 | 17.98 | +67.5% |
| 1982 | 17.61 | -2.0% |
| 1983 | 19.84 | +12.7% |
| 1984 | 26.03 | +31.2% |
| 1985 | 25.36 | -2.6% |
| 1986 | 22.41 | -11.6% |
| 1987 | 17.2 | -23.3% |
| 1988 | 15.06 | -12.4% |
| 1989 | 17.68 | +17.4% |
| 1990 | 18.56 | +4.9% |
| 1991 | 22.17 | +19.5% |
| 1992 | 31.6 | +42.5% |
| 1993 | 29.97 | -5.2% |
| 1994 | 31.92 | +6.5% |
| 1995 | 28.02 | -12.2% |
| 1996 | 22.28 | -20.5% |
| 1997 | 26.38 | +18.4% |
| 1998 | 19.65 | -25.5% |
| 1999 | 17.33 | -11.8% |
| 2000 | 16.33 | -5.8% |
| 2001 | 33.36 | +104.3% |
| 2002 | 31.13 | -6.7% |
| 2003 | 35.94 | +15.4% |
| 2004 | 42.94 | +19.5% |
| 2005 | 52.78 | +22.9% |
| 2006 | 59.72 | +13.1% |
| 2007 | 40.08 | -32.9% |
| 2008 | 43.41 | +8.3% |
Canada compared with similar countries
- Canada's 43.41 is above the median for high income countries, which is 3.49, 12.4× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.3 | 5.93 | 11.97 | 10 |
| 1970s | 11.17 | 8.22 | 16.19 | 10 |
| 1980s | 18.99 | 10.73 | 26.03 | 10 |
| 1990s | 24.79 | 17.33 | 31.92 | 10 |
| 2000s | 39.52 | 16.33 | 59.72 | 9 |
Countries ranked near Canada
More financial sector data for Canada
- Reserve position in the IMF, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.62 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.02 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.36 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.62 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.02 % change on previous year (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Canada?
- Broad money to total reserves ratio in Canada was 43.41 in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Canada?
- The highest recorded value was 59.72 in 2006.
- What is the lowest broad money to total reserves ratio recorded in Canada?
- The lowest recorded value was 5.93 in 1962.
- How does Canada rank for broad money to total reserves ratio?
- Canada ranks 4th out of 159 countries with data for 2008.
- Is broad money to total reserves ratio rising or falling in Canada?
- Over the last ten years it is up 121.0%. The long-run trend across the full record is volatile.
- Where does this Canada 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).