Broad money to total reserves ratio in Hong Kong, China
Hong Kong, China: Broad money to total reserves ratio was 4.04 in 2023. ▼ Falling
Broad money to total reserves ratio in Hong Kong, China, 1991–2023
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2023, broad money to total reserves ratio in Hong Kong, China stood at 4.04.
The figure is up 3.5% on the previous year and up 28.9% over ten years.
Over the whole period, broad money to total reserves ratio in Hong Kong, China peaked at 5.41 in 1991 and was at its lowest, 2.64, in 2009.
That places Hong Kong, China 53rd out of 159 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Broad money to total reserves ratio in Hong Kong, China, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 5.41 | — |
| 1992 | 4.83 | -10.7% |
| 1993 | 4.53 | -6.1% |
| 1994 | 4.43 | -2.4% |
| 1995 | 4.35 | -1.7% |
| 1996 | 4.25 | -2.3% |
| 1997 | 3.17 | -25.3% |
| 1998 | 3.65 | +15.0% |
| 1999 | 3.68 | +0.7% |
| 2000 | 3.58 | -2.6% |
| 2001 | 3.45 | -3.6% |
| 2002 | 3.45 | -0.1% |
| 2003 | 3.47 | +0.6% |
| 2004 | 3.6 | +3.7% |
| 2005 | 3.76 | +4.7% |
| 2006 | 4.02 | +6.8% |
| 2007 | 4.03 | +0.1% |
| 2008 | 3.47 | -13.8% |
| 2009 | 2.64 | -23.9% |
| 2011 | 2.82 | +6.8% |
| 2012 | 2.78 | -1.3% |
| 2013 | 3.14 | +12.7% |
| 2014 | 3.22 | +2.8% |
| 2015 | 3.15 | -2.2% |
| 2016 | 3.12 | -1.2% |
| 2017 | 3.13 | +0.6% |
| 2018 | 3.29 | +5.0% |
| 2019 | 3.32 | +0.9% |
| 2020 | 3.19 | -3.9% |
| 2021 | 3.25 | +1.9% |
| 2022 | 3.9 | +20.1% |
| 2023 | 4.04 | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.26 | 3.17 | 5.41 | 9 |
| 2000s | 3.55 | 2.64 | 4.03 | 10 |
| 2010s | 3.11 | 2.78 | 3.32 | 9 |
| 2020s | 3.6 | 3.19 | 4.04 | 4 |
Countries ranked near Hong Kong, China
- 50 Saint Kitts and Nevis 4.35 compare
- 51 South Africa 4.32 compare
- 52 India 4.07 compare
- 54 Saint Lucia 3.96 compare
- 55 Indonesia 3.93 compare
- 56 Congo, Democratic Republic of the 3.67 compare
More financial sector data for Hong Kong, China
- Net domestic credit (current LCU), per capita 1.09 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 19.14 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.56 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.35 million SDR (2025)
- Gold reserves at market value 213.69 million SDR (2025)
- Reserves excluding gold, foreign exchange 312.26 billion SDR (2025)
- Reserves excluding gold 317.08 billion SDR (2023)
- Total reserves (gold at market value) 317.18 billion SDR (2023)
- Total reserves (gold at national valuation) 317.18 billion SDR (2023)
- Total reserves (gold at national valuation) (SDR), per capita 42,088 SDR per person (2023)
Frequently asked questions
- What is broad money to total reserves ratio in Hong Kong, China?
- Broad money to total reserves ratio in Hong Kong, China was 4.04 in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Hong Kong, China?
- The highest recorded value was 5.41 in 1991.
- What is the lowest broad money to total reserves ratio recorded in Hong Kong, China?
- The lowest recorded value was 2.64 in 2009.
- How does Hong Kong, China rank for broad money to total reserves ratio?
- Hong Kong, China ranks 53rd out of 159 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Hong Kong, China?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is falling.
- Where does this Hong Kong, 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.
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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).