Broad money to total reserves ratio (International Financial) in Fiji
Fiji: Broad money to total reserves ratio (International Financial) was 3.2 in 2023. ▲ Rising
Broad money to total reserves ratio in Fiji, 1965–2023
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2023, broad money to total reserves ratio in Fiji stood at 3.2.
The figure is up 7.0% on the previous year and down 3.1% over ten years.
Over the whole period, broad money to total reserves ratio in Fiji peaked at 7.16 in 2008 and was at its lowest, 1.56, in 1975.
That places Fiji 74th out of 159 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 59 years of available data.
Broad money to total reserves ratio (International Financial) in Fiji, year by year
| Year | Value | Change |
|---|---|---|
| 1965 | 2.2 | — |
| 1966 | 2.83 | +28.8% |
| 1967 | 2.9 | +2.4% |
| 1968 | 2.92 | +0.6% |
| 1969 | 2.36 | -19.3% |
| 1970 | 2.74 | +16.1% |
| 1971 | 2.29 | -16.2% |
| 1972 | 1.66 | -27.7% |
| 1973 | 1.83 | +10.6% |
| 1974 | 1.7 | -7.3% |
| 1975 | 1.56 | -8.4% |
| 1976 | 1.85 | +18.8% |
| 1977 | 1.69 | -8.8% |
| 1978 | 2.13 | +26.1% |
| 1979 | 2.5 | +17.5% |
| 1980 | 2.34 | -6.3% |
| 1981 | 2.94 | +25.7% |
| 1982 | 3.08 | +4.5% |
| 1983 | 3.52 | +14.3% |
| 1984 | 3.65 | +3.8% |
| 1985 | 3.14 | -14.1% |
| 1986 | 2.87 | -8.4% |
| 1987 | 3.61 | +25.6% |
| 1988 | 2.14 | -40.6% |
| 1989 | 2.48 | +15.6% |
| 1990 | 2.53 | +2.2% |
| 1991 | 2.8 | +10.5% |
| 1992 | 2.7 | -3.6% |
| 1993 | 3.29 | +21.9% |
| 1994 | 3.5 | +6.5% |
| 1995 | 2.98 | -14.8% |
| 1996 | 2.46 | -17.4% |
| 1997 | 2.59 | +5.2% |
| 1998 | 1.75 | -32.5% |
| 1999 | 1.8 | +3.1% |
| 2000 | 1.71 | -5.2% |
| 2001 | 2.01 | +17.2% |
| 2002 | 2.58 | +28.6% |
| 2003 | 2.93 | +13.7% |
| 2004 | 3.08 | +5.0% |
| 2005 | 5.46 | +77.5% |
| 2006 | 6.69 | +22.5% |
| 2007 | 4.62 | -31.0% |
| 2008 | 7.16 | +55.0% |
| 2009 | 3.53 | -50.7% |
| 2010 | 2.95 | -16.5% |
| 2011 | 3.03 | +2.8% |
| 2012 | 2.92 | -3.5% |
| 2013 | 3.3 | +12.8% |
| 2014 | 3.65 | +10.7% |
| 2015 | 3.73 | +2.2% |
| 2016 | 3.98 | +6.7% |
| 2017 | 3.55 | -10.8% |
| 2018 | 4.25 | +19.5% |
| 2019 | 3.84 | -9.4% |
| 2020 | 3.73 | -3.0% |
| 2021 | 3.1 | -16.8% |
| 2022 | 2.99 | -3.6% |
| 2023 | 3.2 | +7.0% |
Fiji compared with similar countries
- Fiji's 3.2 is above the median for upper middle income countries, which is 2.94, 1.1× the median. (55 countries reporting)
- Fiji's 3.2 is above the median for East Asia & Pacific, which is 3.17, 1.0× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.64 | 2.2 | 2.92 | 5 |
| 1970s | 1.99 | 1.56 | 2.74 | 10 |
| 1980s | 2.98 | 2.14 | 3.65 | 10 |
| 1990s | 2.64 | 1.75 | 3.5 | 10 |
| 2000s | 3.98 | 1.71 | 7.16 | 10 |
| 2010s | 3.52 | 2.92 | 4.25 | 10 |
| 2020s | 3.25 | 2.99 | 3.73 | 4 |
Countries ranked near Fiji
More financial sector data for Fiji
- Reserve position in the IMF, US dollar, annual growth rate 5.37 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0055 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 36.82 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.344 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 26.89 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.37 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0055 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 36.82 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.344 % change on previous year (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Fiji?
- Broad money to total reserves ratio in Fiji was 3.2 in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Fiji?
- The highest recorded value was 7.16 in 2008.
- What is the lowest broad money to total reserves ratio recorded in Fiji?
- The lowest recorded value was 1.56 in 1975.
- How does Fiji rank for broad money to total reserves ratio?
- Fiji ranks 74th out of 159 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Fiji?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is rising.
- Where does this Fiji 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).