Broad money to total reserves ratio in Madagascar

Madagascar: Broad money to total reserves ratio was 1.64 ratio in 2023. β–Ό Falling

Latest (2023)
1.64 ratio
Change on year
down 17.9%
World rank
133rd
of 151 countries
All-time high
3.44 ratio
in 2014
All-time low
1.64 ratio
in 2023
Years of data
24
2000–2023

Broad money to total reserves ratio in Madagascar, 2000–2023

01232000201120232000: 2.8 ratio2001: 2.6 ratio2002: 2.9 ratio2003: 3.1 ratio2004: 2.1 ratio2005: 2.1 ratio2006: 2.1 ratio2007: 2 ratio2008: 2.2 ratio2009: 2.1 ratio2010: 2.1 ratio2011: 2.3 ratio2012: 2.4 ratio2013: 3.4 ratio2014: 3.4 ratio2015: 3.1 ratio2016: 2.4 ratio2017: 2.1 ratio2018: 2 ratio2019: 2.1 ratio2020: 1.9 ratio2021: 1.7 ratio2022: 2 ratio2023: 1.6 ratio

Source: United Nations Statistics Division, SDG Global Database. Measured in ratio.

Analysis

Madagascar recorded 1.64 ratio 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 ratio in 2014 and was at its lowest, 1.64 ratio, in 2023.

That places Madagascar 133rd out of 151 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.4 ratio 2.03 ratio 3.09 ratio 10
2010s 2.52 ratio 2.03 ratio 3.44 ratio 10
2020s 1.8 ratio 1.64 ratio 1.99 ratio 4

Countries ranked near Madagascar

  1. 130 Republic of Moldova 1.74 ratio compare
  2. 131 Suriname 1.68 ratio compare
  3. 132 Rwanda 1.64 ratio compare
  4. 134 Timor-Leste 1.6 ratio compare
  5. 135 Serbia 1.57 ratio compare
  6. 136 Comoros 1.56 ratio compare

See the full ranking of 156 places β†’

More infrastructure data for Madagascar

All data for Madagascar β†’

Frequently asked questions

What is broad money to total reserves ratio in Madagascar?
Broad money to total reserves ratio in Madagascar was 1.64 ratio 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 ratio in 2014.
What is the lowest broad money to total reserves ratio recorded in Madagascar?
The lowest recorded value was 1.64 ratio in 2023.
How does Madagascar rank for broad money to total reserves ratio?
Madagascar ranks 133rd out of 151 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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Broad money to total reserves ratio in Madagascar. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 15 August 2026, from https://infrastructure.statizoid.com/stat/broad-money-to-total-reserves-ratio-3/madagascar/

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About this data

Indicator
Broad money to total reserves ratio
Unit
ratio
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
156 places, 3,515 data points, 2000–2024
Last refreshed