Broad money to total reserves ratio (International Financial) in Micronesia (country)
Micronesia (country): Broad money to total reserves ratio (International Financial) was 0.6682 in 2021. ▼ Falling
Broad money to total reserves ratio in Micronesia (country), 1995–2021
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in Micronesia (country) is 0.6682, measured in 2021.
The figure is up 4.9% on the previous year and down 57.6% over ten years.
Over the whole period, broad money to total reserves ratio in Micronesia (country) peaked at 2.45 in 2008 and was at its lowest, 0.6271, in 2019.
That places Micronesia (country) 157th out of 159 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Broad money to total reserves ratio (International Financial) in Micronesia (country), year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1.55 | — |
| 1996 | 1.13 | -26.9% |
| 1997 | 1.23 | +8.4% |
| 1998 | 1.05 | -14.9% |
| 1999 | 1.19 | +13.4% |
| 2000 | 0.9621 | -18.8% |
| 2001 | 1.17 | +21.8% |
| 2002 | 0.8643 | -26.3% |
| 2003 | 1.09 | +26.1% |
| 2004 | 1.78 | +63.3% |
| 2005 | 1.99 | +11.6% |
| 2006 | 1.95 | -1.9% |
| 2007 | 1.96 | +0.6% |
| 2008 | 2.45 | +25.2% |
| 2009 | 2.05 | -16.5% |
| 2010 | 2.04 | -0.1% |
| 2011 | 1.58 | -22.8% |
| 2012 | 1.76 | +11.3% |
| 2013 | 1.73 | -1.5% |
| 2014 | 1.7 | -1.5% |
| 2015 | 1.32 | -22.5% |
| 2016 | 1.39 | +5.0% |
| 2017 | 1.18 | -14.7% |
| 2018 | 1.21 | +2.4% |
| 2019 | 0.6271 | -48.2% |
| 2020 | 0.6372 | +1.6% |
| 2021 | 0.6682 | +4.9% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 0.6682 is below the median for upper middle income countries, which is 2.94, 23% of the median. (55 countries reporting)
- Micronesia (country)'s 0.6682 is below the median for East Asia & Pacific, which is 3.17, 21% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.23 | 1.05 | 1.55 | 5 |
| 2000s | 1.63 | 0.8643 | 2.45 | 10 |
| 2010s | 1.45 | 0.6271 | 2.04 | 10 |
| 2020s | 0.6527 | 0.6372 | 0.6682 | 2 |
Countries ranked near Micronesia (country)
- 154 Tonga 0.9825 compare
- 155 Saudi Arabia 0.9475 compare
- 156 Afghanistan 0.7678 compare
- 158 Uzbekistan 0.4557 compare
- 159 Libya 0.2758 compare
More financial sector data for Micronesia (country)
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.33 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.62 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.33 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Micronesia (country)?
- Broad money to total reserves ratio in Micronesia (country) was 0.6682 in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Micronesia (country)?
- The highest recorded value was 2.45 in 2008.
- What is the lowest broad money to total reserves ratio recorded in Micronesia (country)?
- The lowest recorded value was 0.6271 in 2019.
- How does Micronesia (country) rank for broad money to total reserves ratio?
- Micronesia (country) ranks 157th out of 159 countries with data for 2021.
- Is broad money to total reserves ratio rising or falling in Micronesia (country)?
- Over the last ten years it is down 57.6%. The long-run trend across the full record is falling.
- Where does this Micronesia (country) 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 — 27 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).