Broad money to total reserves ratio in Denmark
Denmark: Broad money to total reserves ratio was 2.45 in 2024. ◆ Volatile
Broad money to total reserves ratio in Denmark, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2024, broad money to total reserves ratio in Denmark stood at 2.45.
That represents a change of up 2.3% on the previous year and down 17.2% over ten years.
Over the whole period, broad money to total reserves ratio in Denmark peaked at 17.87 in 1976 and was at its lowest, 2.2, in 2013.
That places Denmark 103rd 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.9 | 6.88 | 15.49 | 10 |
| 1970s | 11.68 | 6.92 | 17.87 | 10 |
| 1980s | 7.37 | 5.76 | 8.86 | 10 |
| 1990s | 7.32 | 4.26 | 9.9 | 10 |
| 2000s | 4.08 | 2.72 | 5.6 | 10 |
| 2010s | 2.81 | 2.2 | 3.24 | 10 |
| 2020s | 2.75 | 2.4 | 3.33 | 5 |
Countries ranked near Denmark
More financial sector data for Denmark
- Domestic credit to private sector 144.1% (2024)
- Claims on central government, etc. -5.8% (2024)
- Broad money 62.6% (2024)
- Monetary Sector credit to private sector 144.1% (2024)
- Net foreign assets 1.20 trillion current LCU (2024)
- Net domestic credit 5.20 trillion current LCU (2024)
- Net migration 22,103 (2025)
- Total reserves in months of imports 4.4 (2024)
- Domestic credit to private sector by banks 144.1% (2024)
- Official exchange rate 6.62 LCU per US$, period average (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Denmark?
- Broad money to total reserves ratio in Denmark was 2.45 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Denmark?
- The highest recorded value was 17.87 in 1976.
- What is the lowest broad money to total reserves ratio recorded in Denmark?
- The lowest recorded value was 2.2 in 2013.
- How does Denmark rank for broad money to total reserves ratio?
- Denmark ranks 103rd out of 158 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Denmark?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is volatile.
- Where does this Denmark 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).