Broad money to total reserves ratio in Philippines

Philippines: Broad money to total reserves ratio was 3.61 in 2022. ◆ Volatile

Latest (2022)
3.61
Change on year
up 10.4%
World rank
61st
of 158 countries
All-time high
31.1
in 1961
All-time low
1.65
in 1974
Years of data
63
1960–2022

Broad money to total reserves ratio in Philippines, 1960–2022

0102030196019912022

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

Analysis

Philippines recorded 3.61 for broad money to total reserves ratio in 2022.

The figure is up 10.4% on the previous year and up 105.4% over ten years.

Over the whole period, broad money to total reserves ratio in Philippines peaked at 31.1 in 1961 and was at its lowest, 1.65, in 1974.

Philippines ranks 61st of 158 countries on this measure, 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

DecadeAverage LowestHighest Years
1960s 13.12 6.67 31.1 10
1970s 2.98 1.65 6.51 10
1980s 6 1.96 13.09 10
1990s 4.44 3.24 7.45 10
2000s 2.9 2.37 3.23 10
2010s 2.55 1.76 3.26 10
2020s 3.29 2.98 3.61 3

Countries ranked near Philippines

  1. 58 Qatar 3.66 compare
  2. 59 Nigeria 3.65 compare
  3. 60 Turkey 3.65 compare
  4. 62 Dominican Republic 3.56 compare
  5. 63 Dominica 3.55 compare
  6. 64 Armenia 3.52 compare

See the full ranking of 158 places →

More financial sector data for Philippines

All data for Philippines →

Frequently asked questions

What is broad money to total reserves ratio in Philippines?
Broad money to total reserves ratio in Philippines was 3.61 in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest broad money to total reserves ratio recorded in Philippines?
The highest recorded value was 31.1 in 1961.
What is the lowest broad money to total reserves ratio recorded in Philippines?
The lowest recorded value was 1.65 in 1974.
How does Philippines rank for broad money to total reserves ratio?
Philippines ranks 61st out of 158 countries with data for 2022.
Is broad money to total reserves ratio rising or falling in Philippines?
Over the last ten years it is up 105.4%. The long-run trend across the full record is volatile.
Where does this Philippines 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

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).