Broad money to total reserves ratio in Trinidad and Tobago
Trinidad and Tobago: Broad money to total reserves ratio was 3.32 in 2024. ◆ Volatile
Broad money to total reserves ratio in Trinidad and Tobago, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Trinidad and Tobago recorded 3.32 for broad money to total reserves ratio in 2024.
The figure is up 12.8% on the previous year and up 138.8% over ten years.
Over the whole period, broad money to total reserves ratio in Trinidad and Tobago peaked at 14.9 in 1988 and was at its lowest, 0.6367, in 1980.
Trinidad and Tobago ranks 72nd of 159 countries on this measure, 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 Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 4.92 | — |
| 1961 | 5 | +1.6% |
| 1962 | 5.64 | +12.8% |
| 1963 | 6.25 | +10.9% |
| 1964 | 4.97 | -20.5% |
| 1965 | 5.39 | +8.4% |
| 1966 | 5.79 | +7.5% |
| 1967 | 5.99 | +3.4% |
| 1968 | 3.66 | -38.8% |
| 1969 | 4.64 | +26.7% |
| 1970 | 5.68 | +22.4% |
| 1971 | 4.42 | -22.1% |
| 1972 | 6.46 | +46.1% |
| 1973 | 8.93 | +38.3% |
| 1974 | 1.34 | -85.0% |
| 1975 | 0.852 | -36.3% |
| 1976 | 0.7547 | -11.4% |
| 1977 | 0.6616 | -12.3% |
| 1978 | 0.6756 | +2.1% |
| 1979 | 0.7335 | +8.6% |
| 1980 | 0.6367 | -13.2% |
| 1981 | 0.6793 | +6.7% |
| 1982 | 0.9923 | +46.1% |
| 1983 | 1.56 | +56.8% |
| 1984 | 2.53 | +62.7% |
| 1985 | 3.01 | +18.8% |
| 1986 | 4.61 | +53.2% |
| 1987 | 11.03 | +139.5% |
| 1988 | 14.9 | +35.1% |
| 1989 | 7.98 | -46.5% |
| 1990 | 4.43 | -44.4% |
| 1991 | 6.52 | +47.0% |
| 1992 | 11.41 | +75.1% |
| 1993 | 8.7 | -23.7% |
| 1994 | 5.61 | -35.6% |
| 1995 | 5.72 | +1.9% |
| 1996 | 4.69 | -18.0% |
| 1997 | 3.91 | -16.6% |
| 1998 | 4.02 | +2.7% |
| 1999 | 3.48 | -13.4% |
| 2000 | 2.67 | -23.4% |
| 2001 | 2.24 | -16.1% |
| 2002 | 2.13 | -5.0% |
| 2003 | 1.75 | -17.6% |
| 2004 | 1.62 | -7.7% |
| 2005 | 1.31 | -18.9% |
| 2006 | 1.18 | -9.7% |
| 2007 | 1.29 | +9.0% |
| 2008 | 1.08 | -16.6% |
| 2009 | 1.35 | +25.2% |
| 2010 | 1.3 | -3.7% |
| 2011 | 1.2 | -7.8% |
| 2012 | 1.54 | +28.3% |
| 2013 | 1.46 | -5.2% |
| 2014 | 1.39 | -4.6% |
| 2015 | 1.64 | +17.7% |
| 2016 | 1.69 | +3.1% |
| 2017 | 1.87 | +10.8% |
| 2018 | 2.09 | +11.9% |
| 2019 | 2.36 | +12.7% |
| 2020 | 2.52 | +6.8% |
| 2021 | 2.59 | +2.7% |
| 2022 | 2.66 | +2.6% |
| 2023 | 2.94 | +10.8% |
| 2024 | 3.32 | +12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.22 | 3.66 | 6.25 | 10 |
| 1970s | 3.05 | 0.6616 | 8.93 | 10 |
| 1980s | 4.79 | 0.6367 | 14.9 | 10 |
| 1990s | 5.85 | 3.48 | 11.41 | 10 |
| 2000s | 1.66 | 1.08 | 2.67 | 10 |
| 2010s | 1.65 | 1.2 | 2.36 | 10 |
| 2020s | 2.8 | 2.52 | 3.32 | 5 |
Countries ranked near Trinidad and Tobago
More financial sector data for Trinidad and Tobago
- Net domestic credit (current LCU), per capita 91,158 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 4.81 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 12.41 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.20 million SDR (2025)
- Gold reserves at market value 200.89 million SDR (2025)
- Reserves excluding gold, foreign exchange 2.82 billion SDR (2025)
- Reserves excluding gold 3.72 billion SDR (2025)
- Total reserves (gold at market value) 3.92 billion SDR (2025)
- Total reserves (gold at national valuation) 3.92 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,866 SDR per person (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Trinidad and Tobago?
- Broad money to total reserves ratio in Trinidad and Tobago was 3.32 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Trinidad and Tobago?
- The highest recorded value was 14.9 in 1988.
- What is the lowest broad money to total reserves ratio recorded in Trinidad and Tobago?
- The lowest recorded value was 0.6367 in 1980.
- How does Trinidad and Tobago rank for broad money to total reserves ratio?
- Trinidad and Tobago ranks 72nd out of 159 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 138.8%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago 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).