Broad money to total reserves ratio (United Nations) in Madagascar
Madagascar: Broad money to total reserves ratio (United Nations) was 1.64 in 2023. ▼ Falling
Broad money to total reserves ratio in Madagascar, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Madagascar recorded 1.64 for broad money to total reserves ratio in 2023. That is the lowest value across all 24 years on record.
Compared with earlier readings it is down 17.9% on the previous year and down 51.8% over ten years.
Over the whole period, broad money to total reserves ratio in Madagascar peaked at 3.44 in 2014 and was at its lowest, 1.64, in 2023.
That places Madagascar 145th out of 164 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Broad money to total reserves ratio (United Nations) in Madagascar, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.83 | — |
| 2001 | 2.57 | -8.9% |
| 2002 | 2.94 | +14.2% |
| 2003 | 3.09 | +5.3% |
| 2004 | 2.11 | -31.7% |
| 2005 | 2.11 | -0.2% |
| 2006 | 2.13 | +1.0% |
| 2007 | 2.03 | -4.5% |
| 2008 | 2.16 | +6.1% |
| 2009 | 2.08 | -3.8% |
| 2010 | 2.08 | +0.4% |
| 2011 | 2.27 | +8.8% |
| 2012 | 2.43 | +7.0% |
| 2013 | 3.39 | +39.8% |
| 2014 | 3.44 | +1.5% |
| 2015 | 3.07 | -10.8% |
| 2016 | 2.36 | -23.1% |
| 2017 | 2.1 | -10.9% |
| 2018 | 2.03 | -3.8% |
| 2019 | 2.05 | +1.3% |
| 2020 | 1.86 | -9.3% |
| 2021 | 1.73 | -6.9% |
| 2022 | 1.99 | +15.0% |
| 2023 | 1.64 | -17.9% |
Madagascar compared with similar countries
- Madagascar's 1.64 is below the median for low income countries, which is 2.6, 63% of the median. (18 countries reporting)
- Madagascar's 1.64 is below the median for Sub-Saharan Africa, which is 2.71, 60% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.4 | 2.03 | 3.09 | 10 |
| 2010s | 2.52 | 2.03 | 3.44 | 10 |
| 2020s | 1.8 | 1.64 | 1.99 | 4 |
Countries ranked near Madagascar
- 143 Suriname 1.68 compare
- 144 Rwanda 1.64 compare
- 146 Timor-Leste 1.6 compare
- 146 East Timor 1.6 compare
- 148 Serbia 1.57 compare
More infrastructure data for Madagascar
- Mobile cellular subscriptions 23.54 million (2023)
- Mobile cellular subscriptions 75.46 per 100 people (2023)
- Fixed telephone subscriptions 3,413 (2023)
- Fixed telephone subscriptions 0.0109 per 100 people (2023)
- Fixed telephone subscriptions, per capita 0.0001 units per person (2023)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2023)
- Fixed telephone subscriptions, annual growth rate -91.32 % change on previous year (2023)
- Fixed telephone subscriptions, gaps filled 3,413 (2023)
- Mobile cellular subscriptions, per capita 0.7546 units per person (2023)
- Mobile cellular subscriptions, per unit of GDP 0.0015 units per US$ of GDP (2023)
Frequently asked questions
- What is broad money to total reserves ratio in Madagascar?
- Broad money to total reserves ratio in Madagascar was 1.64 in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in Madagascar?
- The highest recorded value was 3.44 in 2014.
- What is the lowest broad money to total reserves ratio recorded in Madagascar?
- The lowest recorded value was 1.64 in 2023.
- How does Madagascar rank for broad money to total reserves ratio?
- Madagascar ranks 145th out of 164 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Madagascar?
- Over the last ten years it is down 51.8%. The long-run trend across the full record is falling.
- Where does this Madagascar 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.
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