Broad money to total reserves ratio in Tanzania, United Republic of
Tanzania, United Republic of: Broad money to total reserves ratio was 2.26 in 2018. ◆ Volatile
Broad money to total reserves ratio in Tanzania, United Republic of, 1966–2018
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Tanzania, United Republic of recorded 2.26 for broad money to total reserves ratio in 2018.
That represents a change of up 20.0% on the previous year and up 3.8% over ten years.
Over the whole period, broad money to total reserves ratio in Tanzania, United Republic of peaked at 552.46 in 1982 and was at its lowest, 1.26, in 2004.
That places Tanzania, United Republic of 115th out of 158 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.34 | 3.11 | 3.51 | 4 |
| 1970s | 8.99 | 3.57 | 24.7 | 10 |
| 1980s | 122.36 | 11.44 | 552.46 | 10 |
| 1990s | 3.51 | 2.05 | 5.11 | 10 |
| 2000s | 1.72 | 1.26 | 2.18 | 10 |
| 2010s | 2.29 | 1.88 | 2.72 | 9 |
Countries ranked near Tanzania, United Republic of
- 112 Bosnia and Herzegovina 2.3 compare
- 113 Cabo Verde 2.29 compare
- 114 Guatemala 2.27 compare
- 116 Mauritius 2.23 compare
- 117 Mauritania 2.18 compare
- 118 Azerbaijan 2.16 compare
More financial sector data for Tanzania, United Republic of
- Net domestic credit (current LCU), per capita 693,682 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 600.22 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 9.44 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2014)
- Gold reserves at market value 0 SDR (2014)
- Reserves excluding gold, foreign exchange 3.55 billion SDR (2018)
- Reserves excluding gold 3.63 billion SDR (2018)
- Total reserves (gold at market value) 3.63 billion SDR (2018)
- Total reserves (gold at national valuation) 3.63 billion SDR (2018)
- Total reserves (gold at national valuation) (SDR), per capita 63.21 SDR per person (2018)
Frequently asked questions
- What is broad money to total reserves ratio in Tanzania, United Republic of?
- Broad money to total reserves ratio in Tanzania, United Republic of was 2.26 in 2018, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Tanzania, United Republic of?
- The highest recorded value was 552.46 in 1982.
- What is the lowest broad money to total reserves ratio recorded in Tanzania, United Republic of?
- The lowest recorded value was 1.26 in 2004.
- How does Tanzania, United Republic of rank for broad money to total reserves ratio?
- Tanzania, United Republic of ranks 115th out of 158 countries with data for 2018.
- Is broad money to total reserves ratio rising or falling in Tanzania, United Republic of?
- Over the last ten years it is up 3.8%. The long-run trend across the full record is volatile.
- Where does this Tanzania, United Republic 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.
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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).