Broad money to total reserves ratio in Iraq
Iraq: Broad money to total reserves ratio was 1.33 in 2024. ▼ Falling
Broad money to total reserves ratio in Iraq, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in Iraq is 1.33, measured in 2024.
That represents a change of up 8.5% on the previous year and up 10.5% over ten years.
Over the whole period, broad money to total reserves ratio in Iraq peaked at 2.35 in 1965 and was at its lowest, 0.5719, in 1974.
That places Iraq 146th out of 158 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 38 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.77 | 1.42 | 2.35 | 10 |
| 1970s | 1.08 | 0.5719 | 1.77 | 7 |
| 2000s | 0.8282 | 0.6178 | 1.25 | 6 |
| 2010s | 1.24 | 0.9412 | 1.69 | 10 |
| 2020s | 1.42 | 1.2 | 1.85 | 5 |
Countries ranked near Iraq
More financial sector data for Iraq
- Domestic credit to private sector 14.0% (2024)
- Claims on central government, etc. 7.2% (2024)
- Broad money 47.9% (2024)
- Monetary Sector credit to private sector 14.0% (2024)
- Net foreign assets 167.41 trillion current LCU (2024)
- Net domestic credit 78.52 trillion current LCU (2024)
- Net migration -1,064 (2025)
- Total reserves in months of imports 11.21 (2024)
- Domestic credit to private sector by banks 14.0% (2024)
- Official exchange rate 1,300 LCU per US$, period average (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Iraq?
- Broad money to total reserves ratio in Iraq was 1.33 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Iraq?
- The highest recorded value was 2.35 in 1965.
- What is the lowest broad money to total reserves ratio recorded in Iraq?
- The lowest recorded value was 0.5719 in 1974.
- How does Iraq rank for broad money to total reserves ratio?
- Iraq ranks 146th out of 158 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Iraq?
- Over the last ten years it is up 10.5%. The long-run trend across the full record is falling.
- Where does this Iraq 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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CSV · JSON — 38 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).