Broad money to total reserves ratio in Fiji

Fiji: Broad money to total reserves ratio was 3.2 in 2023. ▲ Rising

Latest (2023)
3.2
Change on year
up 7.0%
World rank
76th
of 158 countries
All-time high
7.16
in 2008
All-time low
1.56
in 1975
Years of data
59
1965–2023

Broad money to total reserves ratio in Fiji, 1965–2023

2468196519942023

Source: International Financial Statistics database, International Monetary Fund (IMF).

Analysis

In 2023, broad money to total reserves ratio in Fiji stood at 3.2.

The figure is up 7.0% on the previous year and down 3.1% over ten years.

Over the whole period, broad money to total reserves ratio in Fiji peaked at 7.16 in 2008 and was at its lowest, 1.56, in 1975.

That places Fiji 76th out of 158 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 59 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.64 2.2 2.92 5
1970s 1.99 1.56 2.74 10
1980s 2.98 2.14 3.65 10
1990s 2.64 1.75 3.5 10
2000s 3.98 1.71 7.16 10
2010s 3.52 2.92 4.25 10
2020s 3.25 2.99 3.73 4

Countries ranked near Fiji

  1. 73 Namibia 3.26 compare
  2. 74 Uganda 3.22 compare
  3. 75 Grenada 3.2 compare
  4. 77 Mozambique 3.17 compare
  5. 78 Thailand 3.15 compare
  6. 79 Saint Vincent and the Grenadines 3.1 compare

See the full ranking of 158 places →

More financial sector data for Fiji

All data for Fiji →

Frequently asked questions

What is broad money to total reserves ratio in Fiji?
Broad money to total reserves ratio in Fiji was 3.2 in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest broad money to total reserves ratio recorded in Fiji?
The highest recorded value was 7.16 in 2008.
What is the lowest broad money to total reserves ratio recorded in Fiji?
The lowest recorded value was 1.56 in 1975.
How does Fiji rank for broad money to total reserves ratio?
Fiji ranks 76th out of 158 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Fiji?
Over the last ten years it is down 3.1%. The long-run trend across the full record is rising.
Where does this Fiji 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 — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Broad money to total reserves ratio
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 7,871 data points, 1960–2025
Last refreshed

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).