Broad money to total reserves ratio in Ethiopia
Ethiopia: Broad money to total reserves ratio was 10.56 in 2008. ◆ Volatile
Broad money to total reserves ratio in Ethiopia, 1960–2008
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in Ethiopia is 10.56, measured in 2008.
The figure is up 73.9% on the previous year and up 140.8% over ten years.
Over the whole period, broad money to total reserves ratio in Ethiopia peaked at 62.71 in 1990 and was at its lowest, 1.74, in 1974.
That places Ethiopia 15th out of 158 countries with data for 2008, putting it in the top 10%.
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 | 2.39 | 1.8 | 3.37 | 10 |
| 1970s | 2.91 | 1.74 | 4.13 | 10 |
| 1980s | 9.96 | 3.18 | 23.46 | 10 |
| 1990s | 14.15 | 2.74 | 62.71 | 10 |
| 2000s | 6.01 | 3.07 | 10.56 | 9 |
Countries ranked near Ethiopia
More financial sector data for Ethiopia
- Domestic credit to private sector 17.7% (2008)
- Claims on central government, etc. 14.8% (2008)
- Broad money 34.0% (2008)
- Monetary Sector credit to private sector 17.7% (2008)
- Net foreign assets 13.12 billion current LCU (2008)
- Net domestic credit 92.23 billion current LCU (2008)
- Net migration 24,054 (2025)
- Total reserves in months of imports 1.78 (2024)
- Domestic credit to private sector by banks 17.6% (2008)
- Official exchange rate 82.6 LCU per US$, period average (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Ethiopia?
- Broad money to total reserves ratio in Ethiopia was 10.56 in 2008, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Ethiopia?
- The highest recorded value was 62.71 in 1990.
- What is the lowest broad money to total reserves ratio recorded in Ethiopia?
- The lowest recorded value was 1.74 in 1974.
- How does Ethiopia rank for broad money to total reserves ratio?
- Ethiopia ranks 15th out of 158 countries with data for 2008.
- Is broad money to total reserves ratio rising or falling in Ethiopia?
- Over the last ten years it is up 140.8%. The long-run trend across the full record is volatile.
- Where does this Ethiopia 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.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).