Djibouti's broad money to total reserves ratio was 8.46 in 2024, the latest year in the World Bank's World Development Indicators. That is up 151.81% from 3.36 in 2014 (9.68% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 8.46 | 2024 |
| Five years earlier | 4.27 | 2019 |
| Ten years earlier | 3.36 | 2014 |
| Highest | 8.46 | 2024 |
| Lowest | 2.92 | 2013 |
| Average since 2015 | 4.78 | 2015–2024 |
| First recorded | 4.78 | 1984 |
What the numbers say
In 2024, Djibouti's broad money to total reserves ratio rose 2.79 on 2023 (from 5.68 to 8.46).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.04 and a typical year strayed about 0.66 from that (the standard deviation). This year's change was 4.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 2.79 in 2024 and the biggest yearly fall was 1.87 in 1990. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 0.31 a year. A straight line explains 46% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Djibouti had the 6th highest value of the 41 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Djibouti in the 2024 ranking
- United Kingdom — 2nd of 41: 30.04
- West Bank and Gaza — 3rd of 41: 13.31
- China — 4th of 41: 12.34
- Sweden — 6th of 41: 7.52
- Korea, Rep. — 7th of 41: 7.3
- Guinea — 8th of 41: 5.59
What this measures
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).
All 41 values
| Year | Broad money to total reserves ratio |
|---|---|
| 2024 | 8.46 |
| 2023 | 5.68 |
| 2022 | 4.49 |
| 2021 | 4.57 |
| 2020 | 3.72 |
| 2019 | 4.27 |
| 2018 | 4.33 |
| 2017 | 3.75 |
| 2016 | 4.2 |
| 2015 | 4.31 |
| 2014 |
Broad money to total reserves ratio in nearby economies
More financial sector data for Djibouti
- Official exchange rate (LCU per US$, period average) — US$177.72 (2025)
- DEC alternative conversion factor (LCU per US$) — US$177.72 (2025)
- Net domestic credit (current LCU) — 335.15 billion (2025)
- Net foreign assets (current LCU) — 281.4 billion (2025)
- Claims on central government (annual growth as % of broad money) — -0.71% (2025)
- Claims on private sector (annual growth as % of broad money) — 6.93% (2025)
- Broad money (current LCU) — 524.41 billion (2024)
- Domestic credit to private sector by banks (% of GDP) — 25.16% (2025)
- Monetary sector credit to private sector (% of GDP)
Reading data like this
Questions people ask
- What is Djibouti's broad money to total reserves ratio?
- 8.46 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1984?
- It is up 76.9% from 4.78 in 1984 (1.44% a year on average, compounded). The highest value was 8.46 in 2024 and the lowest 2.92 in 2013.
- How does Djibouti rank?
- 6th highest of 41 economies with data for 2024.
- Is the latest change in broad money to total reserves ratio unusual for Djibouti?
- In 2024, Djibouti's broad money to total reserves ratio rose 2.79 on 2023 (from 5.68 to 8.46). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.04 and a typical year strayed about 0.66 from that (the standard deviation). This year's change was 4.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator FM.LBL.BMNY.IR.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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