Broad money to total reserves ratio in China
China: Broad money to total reserves ratio was 12.34 in 2024. ▼ Falling
Broad money to total reserves ratio in China, 1977–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in China is 12.34, measured in 2024.
That represents a change of up 4.9% on the previous year and up 140.7% over ten years.
Over the whole period, broad money to total reserves ratio in China peaked at 16.27 in 1993 and was at its lowest, 3.43, in 2007.
China ranks 14th of 159 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 48 years of available data.
Broad money to total reserves ratio in China, year by year
| Year | Value | Change |
|---|---|---|
| 1977 | 10.37 | — |
| 1978 | 8.13 | -21.6% |
| 1979 | 6.63 | -18.4% |
| 1980 | 6.9 | +4.1% |
| 1981 | 7.77 | +12.5% |
| 1982 | 5.04 | -35.1% |
| 1983 | 5.24 | +3.9% |
| 1984 | 6.04 | +15.2% |
| 1985 | 9.82 | +62.7% |
| 1986 | 11.21 | +14.1% |
| 1987 | 7.95 | -29.1% |
| 1988 | 8.32 | +4.7% |
| 1989 | 10 | +20.3% |
| 1990 | 8.14 | -18.6% |
| 1991 | 6.73 | -17.4% |
| 1992 | 15.37 | +128.4% |
| 1993 | 16.27 | +5.8% |
| 1994 | 9.42 | -42.1% |
| 1995 | 9.06 | -3.8% |
| 1996 | 8.19 | -9.6% |
| 1997 | 7.57 | -7.6% |
| 1998 | 8.34 | +10.2% |
| 1999 | 9.06 | +8.6% |
| 2000 | 9.56 | +5.6% |
| 2001 | 8.59 | -10.2% |
| 2002 | 7.18 | -16.4% |
| 2003 | 6.13 | -14.7% |
| 2004 | 4.7 | -23.2% |
| 2005 | 4.15 | -11.6% |
| 2006 | 4.01 | -3.5% |
| 2007 | 3.43 | -14.5% |
| 2008 | 3.48 | +1.4% |
| 2009 | 3.64 | +4.7% |
| 2010 | 3.68 | +1.0% |
| 2011 | 4.05 | +10.1% |
| 2012 | 4.56 | +12.5% |
| 2013 | 4.6 | +1.0% |
| 2014 | 5.13 | +11.4% |
| 2015 | 6.57 | +28.1% |
| 2016 | 7.53 | +14.7% |
| 2017 | 7.66 | +1.7% |
| 2018 | 8.55 | +11.6% |
| 2019 | 8.77 | +2.5% |
| 2020 | 9.27 | +5.7% |
| 2021 | 10.6 | +14.3% |
| 2022 | 11.74 | +10.8% |
| 2023 | 11.76 | +0.1% |
| 2024 | 12.34 | +4.9% |
China compared with similar countries
- China's 12.34 is above the median for upper middle income countries, which is 2.94, 4.2× the median. (55 countries reporting)
- China's 12.34 is above the median for East Asia & Pacific, which is 3.17, 3.9× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Broad money to total reserves ratio in China changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +128.4% | 6.73 | 15.37 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.38 | 6.63 | 10.37 | 3 |
| 1980s | 7.83 | 5.04 | 11.21 | 10 |
| 1990s | 9.81 | 6.73 | 16.27 | 10 |
| 2000s | 5.49 | 3.43 | 9.56 | 10 |
| 2010s | 6.11 | 3.68 | 8.77 | 10 |
| 2020s | 11.14 | 9.27 | 12.34 | 5 |
Countries ranked near China
More financial sector data for China
- Reserve position in the IMF, US dollar, annual growth rate 14.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.95 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 9.09 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.8 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 14.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 9.09 % change on previous year (2025)
Frequently asked questions
- What is broad money to total reserves ratio in China?
- Broad money to total reserves ratio in China was 12.34 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in China?
- The highest recorded value was 16.27 in 1993.
- What is the lowest broad money to total reserves ratio recorded in China?
- The lowest recorded value was 3.43 in 2007.
- How does China rank for broad money to total reserves ratio?
- China ranks 14th out of 159 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in China?
- Over the last ten years it is up 140.7%. The long-run trend across the full record is falling.
- Where does this China 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.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).