Broad money to total reserves ratio (United Nations) in Jamaica
Jamaica: Broad money to total reserves ratio (United Nations) was 2.59 in 2023. ▼ Falling
Broad money to total reserves ratio in Jamaica, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, broad money to total reserves ratio in Jamaica stood at 2.59.
Compared with earlier readings it is up 3.4% on the previous year and down 26.9% over ten years.
Over the whole period, broad money to total reserves ratio in Jamaica peaked at 3.62 in 2003 and was at its lowest, 2.04, in 2017.
That places Jamaica 99th out of 164 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Broad money to total reserves ratio (United Nations) in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.44 | — |
| 2001 | 2.25 | -34.6% |
| 2002 | 2.83 | +25.5% |
| 2003 | 3.62 | +28.2% |
| 2004 | 2.57 | -29.0% |
| 2005 | 2.31 | -10.3% |
| 2006 | 2.36 | +2.4% |
| 2007 | 3.17 | +34.4% |
| 2008 | 3.36 | +6.0% |
| 2009 | 2.61 | -22.3% |
| 2010 | 2.31 | -11.7% |
| 2011 | 2.69 | +16.6% |
| 2012 | 3.24 | +20.2% |
| 2013 | 3.55 | +9.5% |
| 2014 | 2.52 | -29.0% |
| 2015 | 2.3 | -8.7% |
| 2016 | 2.16 | -6.1% |
| 2017 | 2.04 | -5.3% |
| 2018 | 2.39 | +16.8% |
| 2019 | 2.46 | +3.1% |
| 2020 | 2.52 | +2.3% |
| 2021 | 2.2 | -12.8% |
| 2022 | 2.51 | +14.1% |
| 2023 | 2.59 | +3.4% |
Jamaica compared with similar countries
- Jamaica's 2.59 is below the median for upper middle income countries, which is 2.8, 92% of the median. (52 countries reporting)
- Jamaica's 2.59 is below the median for Latin America & Caribbean, which is 3.46, 75% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.85 | 2.25 | 3.62 | 10 |
| 2010s | 2.57 | 2.04 | 3.55 | 10 |
| 2020s | 2.45 | 2.2 | 2.59 | 4 |
Countries ranked near Jamaica
More infrastructure data for Jamaica
- Mobile cellular subscriptions 3.34 million (2024)
- Mobile cellular subscriptions 117.69 per 100 people (2024)
- Fixed telephone subscriptions 453,882 (2024)
- Fixed telephone subscriptions 15.99 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.1599 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -1.06 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 453,882 (2024)
- Mobile cellular subscriptions, per capita 1.18 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0.0002 units per US$ of GDP (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Jamaica?
- Broad money to total reserves ratio in Jamaica was 2.59 in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in Jamaica?
- The highest recorded value was 3.62 in 2003.
- What is the lowest broad money to total reserves ratio recorded in Jamaica?
- The lowest recorded value was 2.04 in 2017.
- How does Jamaica rank for broad money to total reserves ratio?
- Jamaica ranks 99th out of 164 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Jamaica?
- Over the last ten years it is down 26.9%. The long-run trend across the full record is falling.
- Where does this Jamaica data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).