Broad money to total reserves ratio in Sierra Leone
Sierra Leone: Broad money to total reserves ratio was 3.27 in 2024. ◆ Volatile
Broad money to total reserves ratio in Sierra Leone, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2024, broad money to total reserves ratio in Sierra Leone stood at 3.27.
Compared with earlier readings it is up 27.5% on the previous year and down 99.8% over ten years.
Over the whole period, broad money to total reserves ratio in Sierra Leone peaked at 2,876 in 2003 and was at its lowest, 1.29, in 1963.
That places Sierra Leone 72nd out of 158 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 in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1.3 | — |
| 1961 | 1.37 | +6.1% |
| 1962 | 1.31 | -4.4% |
| 1963 | 1.29 | -1.9% |
| 1964 | 2.26 | +75.0% |
| 1965 | 1.83 | -19.1% |
| 1966 | 2.16 | +18.3% |
| 1967 | 2.74 | +26.8% |
| 1968 | 1.7 | -37.8% |
| 1969 | 1.55 | -8.8% |
| 1970 | 1.32 | -15.1% |
| 1971 | 1.51 | +14.2% |
| 1972 | 1.52 | +0.9% |
| 1973 | 1.69 | +11.0% |
| 1974 | 1.81 | +7.3% |
| 1975 | 3.57 | +97.1% |
| 1976 | 3.99 | +11.9% |
| 1977 | 3.56 | -10.9% |
| 1978 | 4.92 | +38.4% |
| 1979 | 4.35 | -11.7% |
| 1980 | 8.12 | +86.8% |
| 1981 | 14.48 | +78.3% |
| 1982 | 40.19 | +177.6% |
| 1983 | 18.08 | -55.0% |
| 1984 | 36.44 | +101.5% |
| 1985 | 22 | -39.6% |
| 1986 | 10.4 | -52.7% |
| 1987 | 17.39 | +67.3% |
| 1988 | 24.34 | +40.0% |
| 1989 | 45.95 | +88.7% |
| 1990 | 21.67 | -52.8% |
| 1991 | 11.04 | -49.1% |
| 1992 | 4.43 | -59.9% |
| 1993 | 3.1 | -29.9% |
| 1994 | 2.33 | -25.0% |
| 1995 | 2.54 | +9.1% |
| 1996 | 3.52 | +38.4% |
| 1997 | 3.35 | -4.6% |
| 1998 | 2.05 | -38.7% |
| 1999 | 2.73 | +32.7% |
| 2000 | 2.11 | -22.5% |
| 2001 | 2,802 | +132451.8% |
| 2002 | 2,073 | -26.0% |
| 2003 | 2,876 | +38.7% |
| 2004 | 1,599 | -44.4% |
| 2005 | 1,438 | -10.0% |
| 2006 | 1,583 | +10.0% |
| 2007 | 1,562 | -1.3% |
| 2008 | 1,946 | +24.6% |
| 2009 | 1,254 | -35.6% |
| 2010 | 1,312 | +4.6% |
| 2011 | 1,449 | +10.4% |
| 2012 | 1,625 | +12.2% |
| 2013 | 1,619 | -0.4% |
| 2014 | 1,703 | +5.2% |
| 2015 | 1.76 | -99.9% |
| 2016 | 1.95 | +10.8% |
| 2017 | 1.61 | -17.5% |
| 2018 | 1.88 | +16.7% |
| 2019 | 1.79 | -4.9% |
| 2020 | 1.69 | -5.1% |
| 2021 | 1.46 | -14.0% |
| 2022 | 2.33 | +59.6% |
| 2023 | 2.57 | +10.3% |
| 2024 | 3.27 | +27.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.75 | 1.29 | 2.74 | 10 |
| 1970s | 2.82 | 1.32 | 4.92 | 10 |
| 1980s | 23.74 | 8.12 | 45.95 | 10 |
| 1990s | 5.68 | 2.05 | 21.67 | 10 |
| 2000s | 1,714 | 2.11 | 2,876 | 10 |
| 2010s | 771.6 | 1.61 | 1,703 | 10 |
| 2020s | 2.26 | 1.46 | 3.27 | 5 |
Countries ranked near Sierra Leone
More financial sector data for Sierra Leone
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 10.42 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.015 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 12.11 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate -10.08 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 38.44 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate -10.08 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 38.44 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate -10.08 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 38.44 SDR per person (2024)
- Total reserves (gold at national valuation) 332.23 million SDR (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Sierra Leone?
- Broad money to total reserves ratio in Sierra Leone was 3.27 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Sierra Leone?
- The highest recorded value was 2,876 in 2003.
- What is the lowest broad money to total reserves ratio recorded in Sierra Leone?
- The lowest recorded value was 1.29 in 1963.
- How does Sierra Leone rank for broad money to total reserves ratio?
- Sierra Leone ranks 72nd out of 158 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Sierra Leone?
- Over the last ten years it is down 99.8%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone 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).