Broad money to total reserves ratio (International Financial) in Denmark
Denmark: Broad money to total reserves ratio (International Financial) was 2.45 in 2024. ◆ Volatile
Broad money to total reserves ratio in Denmark, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2024, broad money to total reserves ratio in Denmark stood at 2.45.
That represents a change of up 2.3% on the previous year and down 17.2% over ten years.
Over the whole period, broad money to total reserves ratio in Denmark peaked at 17.87 in 1976 and was at its lowest, 2.2, in 2013.
That places Denmark 102nd 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 (International Financial) in Denmark, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 10.44 | — |
| 1961 | 11.63 | +11.4% |
| 1962 | 14.02 | +20.5% |
| 1963 | 8.56 | -38.9% |
| 1964 | 6.88 | -19.7% |
| 1965 | 8.3 | +20.6% |
| 1966 | 9.21 | +11.0% |
| 1967 | 11.17 | +21.3% |
| 1968 | 13.27 | +18.8% |
| 1969 | 15.49 | +16.7% |
| 1970 | 14.86 | -4.0% |
| 1971 | 10.89 | -26.7% |
| 1972 | 10.69 | -1.9% |
| 1973 | 8.69 | -18.7% |
| 1974 | 11.35 | +30.6% |
| 1975 | 17.29 | +52.3% |
| 1976 | 17.87 | +3.4% |
| 1977 | 11.2 | -37.3% |
| 1978 | 6.92 | -38.2% |
| 1979 | 7.01 | +1.4% |
| 1980 | 6.86 | -2.2% |
| 1981 | 8.18 | +19.3% |
| 1982 | 8.25 | +0.8% |
| 1983 | 6.81 | -17.4% |
| 1984 | 8.52 | +25.0% |
| 1985 | 5.8 | -31.9% |
| 1986 | 8.85 | +52.5% |
| 1987 | 5.76 | -35.0% |
| 1988 | 5.86 | +1.8% |
| 1989 | 8.86 | +51.2% |
| 1990 | 7.01 | -20.9% |
| 1991 | 9.9 | +41.3% |
| 1992 | 7.17 | -27.5% |
| 1993 | 8.47 | +18.1% |
| 1994 | 8.79 | +3.8% |
| 1995 | 8.81 | +0.2% |
| 1996 | 7.27 | -17.5% |
| 1997 | 5.13 | -29.5% |
| 1998 | 6.45 | +25.8% |
| 1999 | 4.26 | -34.0% |
| 2000 | 5.08 | +19.5% |
| 2001 | 4.53 | -10.8% |
| 2002 | 3.18 | -29.8% |
| 2003 | 2.72 | -14.5% |
| 2004 | 2.92 | +7.2% |
| 2005 | 3.92 | +34.4% |
| 2006 | 4.83 | +23.1% |
| 2007 | 5.6 | +15.9% |
| 2008 | 5.18 | -7.4% |
| 2009 | 2.85 | -45.1% |
| 2010 | 2.93 | +3.0% |
| 2011 | 2.6 | -11.3% |
| 2012 | 2.33 | -10.4% |
| 2013 | 2.2 | -5.5% |
| 2014 | 2.96 | +34.3% |
| 2015 | 3.14 | +6.0% |
| 2016 | 2.95 | -5.9% |
| 2017 | 2.7 | -8.5% |
| 2018 | 3.04 | +12.6% |
| 2019 | 3.24 | +6.3% |
| 2020 | 3.33 | +2.8% |
| 2021 | 3.03 | -8.8% |
| 2022 | 2.53 | -16.5% |
| 2023 | 2.4 | -5.4% |
| 2024 | 2.45 | +2.3% |
Denmark compared with similar countries
- Denmark's 2.45 is below the median for high income countries, which is 3.49, 70% of the median. (41 countries reporting)
- Denmark's 2.45 is above the median for Europe & Central Asia, which is 2.3, 1.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.9 | 6.88 | 15.49 | 10 |
| 1970s | 11.68 | 6.92 | 17.87 | 10 |
| 1980s | 7.37 | 5.76 | 8.86 | 10 |
| 1990s | 7.32 | 4.26 | 9.9 | 10 |
| 2000s | 4.08 | 2.72 | 5.6 | 10 |
| 2010s | 2.81 | 2.2 | 3.24 | 10 |
| 2020s | 2.75 | 2.4 | 3.33 | 5 |
Countries ranked near Denmark
More financial sector data for Denmark
- Reserve position in the IMF, US dollar, annual growth rate 6.8 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 207.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.7 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 151.32 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.8 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 207.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.7 % change on previous year (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Denmark?
- Broad money to total reserves ratio in Denmark was 2.45 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Denmark?
- The highest recorded value was 17.87 in 1976.
- What is the lowest broad money to total reserves ratio recorded in Denmark?
- The lowest recorded value was 2.2 in 2013.
- How does Denmark rank for broad money to total reserves ratio?
- Denmark ranks 102nd out of 159 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Denmark?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is volatile.
- Where does this Denmark 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 — 65 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).