Broad money to total reserves ratio in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Broad money to total reserves ratio was 6.21 in 2013. ◆ Volatile
Broad money to total reserves ratio in Venezuela, Bolivarian Republic of, 1960–2013
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Venezuela, Bolivarian Republic of recorded 6.21 for broad money to total reserves ratio in 2013. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 13.8% on the previous year and up 536.7% over ten years.
Over the whole period, broad money to total reserves ratio in Venezuela, Bolivarian Republic of peaked at 6.21 in 2013 and was at its lowest, 0.7627, in 1974.
Venezuela, Bolivarian Republic of ranks 31st of 158 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money to total reserves ratio in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 2.55 | — |
| 1961 | 2.74 | +7.1% |
| 1962 | 2.77 | +1.2% |
| 1963 | 2.52 | -9.0% |
| 1964 | 2.02 | -19.9% |
| 1965 | 2.14 | +6.2% |
| 1966 | 2.26 | +5.3% |
| 1967 | 2.28 | +1.2% |
| 1968 | 2.18 | -4.4% |
| 1969 | 2.59 | +18.7% |
| 1970 | 2.49 | -3.7% |
| 1971 | 1.97 | -21.1% |
| 1972 | 1.84 | -6.7% |
| 1973 | 1.43 | -22.1% |
| 1974 | 0.7627 | -46.7% |
| 1975 | 0.952 | +24.8% |
| 1976 | 1.22 | +27.7% |
| 1977 | 1.53 | +26.0% |
| 1978 | 1.97 | +28.7% |
| 1979 | 1.38 | -29.8% |
| 1980 | 1.6 | +15.8% |
| 1981 | 1.91 | +19.2% |
| 1982 | 2.23 | +16.9% |
| 1983 | 2.71 | +21.5% |
| 1984 | 1.9 | -30.0% |
| 1985 | 1.73 | -8.9% |
| 1986 | 2.32 | +34.3% |
| 1987 | 1.46 | -37.3% |
| 1988 | 2.59 | +77.8% |
| 1989 | 1.38 | -46.9% |
| 1990 | 1.15 | -16.6% |
| 1991 | 1.21 | +5.3% |
| 1992 | 1.3 | +7.6% |
| 1993 | 1.2 | -7.6% |
| 1994 | 1.36 | +13.5% |
| 1995 | 1.82 | +33.3% |
| 1996 | 0.8699 | -52.2% |
| 1997 | 1.05 | +20.2% |
| 1998 | 1.2 | +15.2% |
| 1999 | 1.29 | +7.2% |
| 2000 | 1.46 | +13.2% |
| 2001 | 1.97 | +34.9% |
| 2002 | 1.43 | -27.6% |
| 2003 | 0.975 | -31.7% |
| 2004 | 1.1 | +13.2% |
| 2005 | 1.16 | +4.8% |
| 2006 | 1.58 | +36.5% |
| 2007 | 2.3 | +45.6% |
| 2008 | 2.32 | +1.1% |
| 2009 | 3.6 | +54.8% |
| 2010 | 4.26 | +18.5% |
| 2011 | 4.07 | -4.5% |
| 2012 | 5.46 | +34.0% |
| 2013 | 6.21 | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.4 | 2.02 | 2.77 | 10 |
| 1970s | 1.55 | 0.7627 | 2.49 | 10 |
| 1980s | 1.98 | 1.38 | 2.71 | 10 |
| 1990s | 1.24 | 0.8699 | 1.82 | 10 |
| 2000s | 1.79 | 0.975 | 3.6 | 10 |
| 2010s | 5 | 4.07 | 6.21 | 4 |
Countries ranked near Venezuela, Bolivarian Republic of
More financial sector data for Venezuela, Bolivarian Republic of
- Net domestic credit (current LCU), per capita 0 current LCU per person (2013)
- Net domestic credit (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2013)
- Net domestic credit (current LCU), annual growth rate 75.91 % change on previous year (2013)
- Gold reserves at 35 SDRs per ounce 182.48 million SDR (2017)
- Gold reserves at market value 4.75 billion SDR (2017)
- Reserves excluding gold, foreign exchange 1.24 billion SDR (2017)
- Reserves excluding gold 2.13 billion SDR (2017)
- Total reserves (gold at market value) 6.88 billion SDR (2017)
- Total reserves (gold at national valuation) 6.78 billion SDR (2017)
- Total reserves (gold at national valuation) (SDR), per capita 221.95 SDR per person (2017)
Frequently asked questions
- What is broad money to total reserves ratio in Venezuela, Bolivarian Republic of?
- Broad money to total reserves ratio in Venezuela, Bolivarian Republic of was 6.21 in 2013, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 6.21 in 2013.
- What is the lowest broad money to total reserves ratio recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.7627 in 1974.
- How does Venezuela, Bolivarian Republic of rank for broad money to total reserves ratio?
- Venezuela, Bolivarian Republic of ranks 31st out of 158 countries with data for 2013.
- Is broad money to total reserves ratio rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 536.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian 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).