Broad money to total reserves ratio in Zimbabwe
Zimbabwe: Broad money to total reserves ratio was 34.79 in 2023. ◆ Volatile
Broad money to total reserves ratio in Zimbabwe, 1979–2023
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in Zimbabwe is 34.79, measured in 2023.
Compared with earlier readings it is up 303.2% on the previous year and up 324.8% over ten years.
Over the whole period, broad money to total reserves ratio in Zimbabwe peaked at 95.76 in 2020 and was at its lowest, 1.54, in 1979.
That places Zimbabwe 5th out of 158 countries with data for 2023, 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 |
|---|---|---|---|---|
| 1970s | 1.54 | 1.54 | 1.54 | 1 |
| 1980s | 7.22 | 2.89 | 15.76 | 10 |
| 1990s | 3.85 | 2.15 | 6.89 | 10 |
| 2000s | 24.58 | 1.68 | 73.02 | 7 |
| 2010s | 16.05 | 3.04 | 56.46 | 10 |
| 2020s | 36.05 | 5.04 | 95.76 | 4 |
Countries ranked near Zimbabwe
More financial sector data for Zimbabwe
- Domestic credit to private sector 6.5% (2023)
- Claims on central government, etc. 1.4% (2023)
- Broad money 11.2% (2023)
- Monetary Sector credit to private sector 6.5% (2023)
- Net foreign assets 1.55 billion current LCU (2023)
- Net domestic credit 5.59 billion current LCU (2023)
- Net migration -54,555 (2025)
- Total reserves in months of imports 0.5194 (2024)
- Domestic credit to private sector by banks 6.5% (2023)
- Official exchange rate 26.6 LCU per US$, period average (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Zimbabwe?
- Broad money to total reserves ratio in Zimbabwe was 34.79 in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Zimbabwe?
- The highest recorded value was 95.76 in 2020.
- What is the lowest broad money to total reserves ratio recorded in Zimbabwe?
- The lowest recorded value was 1.54 in 1979.
- How does Zimbabwe rank for broad money to total reserves ratio?
- Zimbabwe ranks 5th out of 158 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Zimbabwe?
- Over the last ten years it is up 324.8%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe 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).