Broad money to total reserves ratio in Micronesia, Federated States of
Micronesia, Federated States of: Broad money to total reserves ratio was 0.6682 in 2021. ▼ Falling
Broad money to total reserves ratio in Micronesia, Federated States of, 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, Federated States of 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, Federated States of peaked at 2.45 in 2008 and was at its lowest, 0.6271, in 2019.
That places Micronesia, Federated States of 156th out of 158 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.
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, Federated States of
- 153 Tonga 0.9825 compare
- 154 Saudi Arabia 0.9475 compare
- 155 Afghanistan, Islamic Republic of 0.7678 compare
- 157 Uzbekistan, Republic of 0.531 compare
- 158 Libya 0.2758 compare
More financial sector data for Micronesia, Federated States of
- Domestic credit to private sector by banks 23.4% (2021)
- Total reserves in months of imports 5.28 (2014)
- Net domestic credit 7.41 million current LCU (2021)
- Net foreign assets 894.62 million current LCU (2021)
- Monetary Sector credit to private sector 23.4% (2021)
- Broad money 84.9% (2021)
- Claims on central government, etc. -22.6% (2021)
- Domestic credit to private sector 23.4% (2021)
- Official exchange rate 1 LCU per US$, period average (2025)
- Net migration -1,125 (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Micronesia, Federated States of?
- Broad money to total reserves ratio in Micronesia, Federated States of 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, Federated States of?
- The highest recorded value was 2.45 in 2008.
- What is the lowest broad money to total reserves ratio recorded in Micronesia, Federated States of?
- The lowest recorded value was 0.6271 in 2019.
- How does Micronesia, Federated States of rank for broad money to total reserves ratio?
- Micronesia, Federated States of ranks 156th out of 158 countries with data for 2021.
- Is broad money to total reserves ratio rising or falling in Micronesia, Federated States of?
- Over the last ten years it is down 57.6%. The long-run trend across the full record is falling.
- Where does this Micronesia, Federated States of 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).