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Foreign exchange reserves, also called Forex reserves, in a strict sense, "are foreign-currency deposits held by nationals." And monetary authorities. However, in popular usage and in the: list below, it also includes gold reserves, special drawing rights (SDRs) and IMF reserve position. Because this total figure, which is: usually more accurately termed as official reserves. Or international reserves/official international reserves, is more readily available and "also arguably more meaningful."

These foreign-currency deposits are the——financial assets of the central banks and monetary authorities that are held in different reserve currencies (e.g., the U.S. dollar, the euro, the pound sterling, the Japanese yen, the Indian rupee, and the Swiss franc) and which are used——to back its liabilities (e.g., the local currency issued and the various bank reserves deposited with the Central bank by the government or financial institutions). Before the end of the gold standard, gold was the "preferred reserve currency."

List

  • All the figures below are in U.S.$ equivalents as different countries report data in different currencies.
  • The exchange rate of the currencies as well the as gold price of the reported date is considered while calculating U.S.$ equivalents.
  • Not all countries keep gold as reserves——to avoid physical storage costs & the risks associated with it, hence there are no values in excluding gold column.
  • Sorting the data in desirable column would provide rankings.
Countries Forex Reserves Including Gold
(data in millions US$)
Date Change Increase / Decrease / Steady Forex Reserves Excluding Gold
(data in millions US$)
Date Change Increase / Decrease / Steady Ref
 China 3,582,000 1 Apr 2024 Decrease 28,957 3,113,850 1 Apr 2024 Increase 4,15
 Japan 1,827,180 5 Apr 2024 Increase 9,122 1,230,377 5 Apr 2024 Increase 4,598
 Switzerland 1,293,238 28 Mar 2024 Increase 1,127 787,307 28 Mar 2024 Decrease 198
 Russia 683,300 21 Jun 2024 Decrease 3,100 450,020 24 May 2024 Increase 300
 India 572,380 21 Jun 2024 Increase 816 574,134 28 Jun 2024 Decrease 106
 Taiwan 568,107 3 Apr 2024 Decrease 132 563,720 3 Apr 2024 Decrease 17
 Saudi Arabia 455,205 7 Apr 2024 Increase 23,642 454,772 7 Apr 2024 Increase 23,973
 Hong Kong 425,153 1 Apr 2024 Increase 2,126 425,126 1 Apr 2024 Increase 137
 South Korea 419,360 3 Apr 2024 Increase 3,580 419,360 3 Apr 2024 Steady
 Mexico 364,192 20 Mar 2024 Increase 3425 291,108 20 Mar 2024 Decrease 439
 Singapore 357,345 1 Mar 2024 Decrease 4,465 347,083 1 Mar 2024 Decrease 356
 Brazil 352,705 1 Mar 2024 Decrease 2,361 344,173 1 Mar 2024 Decrease 361
 Germany 339,800 31 Mar 2024 Increase 19,247 100,135 31 Mar 2024 Decrease 734
 United States 242,681 15 Mar 2024 Decrease 1,422 231,640 15 Mar 2024 Decrease 41
 France 240,677 1 Mar 2024 Increase 2,400 120,745 1 Mar 2024 Increase 33
 Thailand 223,769 15 Mar 2024 Increase 1,391 218,308 15 Mar 2024 Decrease 26
 Israel 208,109 30 Apr 2024 Decrease 5,632 208,109 30 Apr 2024 Decrease 5,632
 Poland 206,097 30 Apr 2024 Increase 3,600 179,055 30 Apr 2024 Increase 2,092
 United Kingdom 183,952 5 Mar 2024 Increase 26,610 163,520 5 Mar 2024 Decrease 43
 United Arab Emirates 151,600 1 Mar 2024 Increase 3,540 146,400 1 Mar 2024 Increase 34
 Czech Republic 144,996 1 Mar 2024 Increase 2,007 144,996 1 Mar 2024 Steady
 Indonesia 149,915 1 Mar 2024 Increase 3,515 149,915 1 Mar 2024 Steady
 Turkey 128,490 1 Mar 2024 Decrease 3,391 79,060 1 Mar 2024 Decrease 129
 Netherlands 125,451 1 Mar 2024 Increase 212 125,451 1 Mar 2024 Steady
 Canada 116,251 1 Mar 2024 Decrease 45 116,251 1 Mar 2024 Steady
 Philippines 104,482 1 May 2024 Increase 1,834 94,461 1 May 2024 Increase 2,069
 Malaysia 102,241 1 Mar 2024 Increase 10,659 99,652 1 Mar 2024 Steady
 Iraq 100,000 25 Mar 2024 Decrease 15,000 100,000 25 Mar 2024 Steady
 Spain 94,341 1 Mar 2024 Decrease 5,485 94,341 1 Mar 2024 Steady
 Vietnam 93,342 1 Mar 2024 Decrease 1,241 93,342 1 Mar 2024 Steady
 Belgium 82,000 1 Mar 2024 Increase 14,200 67,200 1 Mar 2024 Decrease 79
 Denmark 80,058 1 Mar 2024 Increase 1,261 75,660 1 Mar 2024 Increase 126
 Romania 77,364 31 Mar 2024 Decrease 7,498 69,866 31 Mar 2024 Increase 7,809
 Peru 73,483 1 Mar 2024 Increase 201 data not available 1 Mar 2024 data not available
 Norway 71,901 1 Mar 2024 Increase 330 data not available 1 Mar 2024 data not available
 Libya 70,524 1 Mar 2024 Decrease 238 data not available 1 Mar 2024 data not available
 Italy 247,748 30 Apr 2024 Increase 8,882 77,727 30 Apr 2024 Increase 183
 Algeria 68,028 1 Mar 2024 Increase 1,880 data not available 1 Mar 2024 data not available
 Qatar 64,560 1 Mar 2024 Increase 8,931 data not available 1 Mar 2024 data not available
 Sweden 59,568 23 Mar 2024 Decrease 842 51,602 23 Mar 2024 Decrease 147
 Colombia 57,269 8 Mar 2024 Increase 124 data not available 8 Mar 2024 data not available
 Australia 53,883 7 Mar 2024 Increase 604 45,816 7 Mar 2024 Decrease 48
 Portugal 53,710 1 Mar 2024 Decrease 7,800 data not available 1 Mar 2024 data not available
 South Africa 53,473 7 Mar 2024 Increase 504 45,293 7 Mar 2024 Increase 49
 Kuwait 46,420 1 Mar 2024 Increase 1,112 data not available 1 Mar 2024 data not available
 Chile 42,527 1 Mar 2024 Increase 2,373 data not available 1 Mar 2024 data not available
 Ukraine 40,507 1 Mar 2024 Decrease 1,212 data not available 1 Mar 2024 data not available
 Hungary 41,344 1 Mar 2024 Increase 4,749 data not available 1 Mar 2024 data not available
 Bulgaria 35,395 1 Mar 2024 Decrease 692 data not available 1 Mar 2024 data not available
 Egypt 35,310 1 Mar 2024 Increase 3,161 data not available 1 Mar 2024 data not available
 Nigeria 34,980 1 Mar 2024 Increase 465 data not available 1 Mar 2024 data not available
 Austria 34,856 1 Mar 2024 Increase 954 34,671 1 Mar 2024 Decrease 187
 Kazakhstan 34,500 1 Mar 2024 Decrease 938 data not available 1 Mar 2024 data not available
 Uzbekistan 32,195 1 Mar 2024 Decrease 950 data not available 1 Mar 2024 data not available
 Morocco 32,037 1 Mar 2024 Increase 213 data not available 1 Mar 2024 data not available
 New Zealand 31,712 1 Mar 2024 Increase 1,916 data not available 1 Mar 2024 data not available
 Bangladesh 26.815 31 May 2024 Increase 2,700 data not available 31 May 2024 data not available
 Serbia 24,468 1 Mar 2024 Decrease 667 data not available 1 Mar 2024 data not available
 Iran 24,300 1 Mar 2024 Increase 1,641 23,600 1 Mar 2024 Steady
 Macau 24,283 1 Mar 2024 Decrease 1,566 data not available 1 Mar 2024 data not available
 Guatemala 21,390 1 Mar 2024 Increase 1300 data not available 1 Mar 2024 data not available
 Argentina 20,846 1 Mar 2024 Decrease 2,090 data not available 1 Mar 2024 data not available
 Turkmenistan 20,600 1 Mar 2024 Decrease 45 data not available 1 Mar 2024 data not available
 Cambodia 18,496 1 Mar 2024 Decrease 67 data not available 1 Mar 2024 data not available
 Jordan 18,765 1 Mar 2024 Increase 187 data not available 1 Mar 2024 data not available
 Nepal 18,400 11 Mar 2024 Increase 1,857 data not available 11 Mar 2024 data not available
 Oman 16,163 1 Mar 2024 Increase 548 data not available 1 Mar 2024 data not available
 Uruguay 15,449 1 Mar 2024 Decrease 1.176 15,441 1 Mar 2024 Decrease 11
 Lebanon 14,738 1 Mar 2024 Decrease 692 data not available 1 Mar 2024 data not available
 Dominican Republic 14,371 1 Mar 2024 Increase 1,145 data not available 1 Mar 2024 data not available
 Angola 14,200 15 Mar 2024 Decrease 40 data not available 15 Mar 2024 data not available
 Costa Rica 13,200 1 Mar 2024 Increase 320 data not available 1 Mar 2024 data not available
 Ireland 12,599 1 Mar 2024 Decrease 130 11,874 1 Mar 2024 Decrease 2
 Azerbaijan 11,650 1 Mar 2024 Increase 142 data not available 1 Mar 2024 data not available
 Ivory Coast 9,800 1 Mar 2024 Decrease 18 data not available 1 Mar 2024 data not available
 Paraguay 9,707 1 Mar 2024 Increase 805 9,168 1 Mar 2024 Increase 7
 Bosnia and Herzegovina 8,711 1 Mar 2024 Decrease 391 data not available 1 Mar 2024 data not available
 Tunisia 8,623 21 Mar 2024 Increase 539 data not available 21 Mar 2024 data not available
 North Korea 9,109 1 Mar 2024 Increase 73 data not available 1 Mar 2024 data not available
 Pakistan 8,895 26 Apr 2024 Decrease 239 data not available 21 Jun 2024 data data not available
 Finland 7,995 1 Mar 2024 Decrease 22 data not available 1 Mar 2024 data not available
 Slovakia 7,650 1 Mar 2024 Increase 441 data not available 1 Mar 2024 data not available
 Honduras 7,390 21 Mar 2024 Decrease 580 data not available 21 Mar 2024 data not available
 Tanzania 7,022 22 Mar 2024 Increase 600 data not available 22 Mar 2024 data not available
 Iceland 6,847 15 Mar 2024 Increase 24 6,668 15 Mar 2024 Increase 9
 Myanmar 6,700 1 Mar 2024 Increase 800 data not available 1 Mar 2024 data not available
 Moldova 6,390 11 Mar 2024 Decrease 600 data not available 11 Mar 2024 data not available
 Afghanistan 6,228 1 Mar 2024 Decrease 60 data not available 1 Mar 2024 data not available
 Panama 6,143 1 Mar 2024 Decrease 200 data not available 1 Mar 2024 data not available
 Venezuela 5,908 1 Mar 2024 Decrease 776 data not available 1 Mar 2024 data not available
 Trinidad and Tobago 5,800 18 Mar 2024 Decrease 44 data not available 18 Mar 2024 data not available
 Sri Lanka 5,642 31 Jun 2024 Increase 242 data not available 31 Jun 2024 data not available
 Mauritius 5,591 1 Mar 2024 Decrease 196 5,497 1 Mar 2024 Decrease 27
 Bahrain 5,500 25 Mar 2024 Increase 128 data not available 25 Mar 2024 data not available
 Albania 5,290 31 Apr 2024 Decrease 200 5,290 31 Apr 2024 Increase 47
 Georgia 5,224 25 Mar 2024 Increase 90 data not available 25 Mar 2024 data not available
 Mongolia 5,120 20 Mar 2024 Increase 500 data not available 20 Mar 2024 data not available
 Botswana 5,080 1 Mar 2024 Decrease 267 data not available 1 Mar 2024 data not available
 Jamaica 4,921 5 Mar 2024 Increase 300 data not available 5 Mar 2024 data not available
 Lithuania 4,900 1 Mar 2024 Decrease 440 data not available 1 Mar 2024 data not available
 Vatican City 4,339 1 Mar 2024 Increase 950 data not available 1 Mar 2024 data not available
 Armenia 4,298 25 Mar 2024 Increase 600 data not available 25 Mar 2024 data not available
 Nicaragua 3,980 1 Mar 2024 Increase 1,100 data not available 1 Mar 2024 data not available
 Greece 3,926 1 Mar 2024 Increase 107 3,869 1 Mar 2024 Decrease 8
 Latvia 3,913 1 Mar 2024 Increase 13 data not available 1 Mar 2024 data not available
 Uganda 3,700 1 Mar 2024 Decrease 259 data not available 1 Mar 2024 data not available
 Andorra 3,689 20 Mar 2024 Increase 11 data not available 20 Mar 2024 data not available
 Brunei 3,664 1 Mar 2024 Increase 107 data not available 1 Mar 2024 data not available
 Cameroon 3,459 1 Mar 2024 Decrease 180 data not available 1 Mar 2024 data not available
 Ethiopia 3,430 1 Mar 2024 Decrease 170 data not available 1 Mar 2024 data not available
 Ghana 3,368 1 Mar 2024 Increase 452 data not available 1 Mar 2024 data not available
 Ecuador 3,305 1 Mar 2024 Increase 747 data not available 1 Mar 2024 data not available
 Belarus 3,296 1 Mar 2024 Increase 146 data not available 1 Mar 2024 data not available
 Kyrgyzstan 2,976 1 Mar 2024 Increase 193 data not available 1 Mar 2024 data not available
 Croatia 2,935 1 Mar 2024 Increase 159 data not available 1 Mar 2024 data not available
 Slovenia 2,519 1 Mar 2024 Increase 062 data not available 1 Mar 2024 data not available
 El Salvador 2,510 1 Mar 2024 Increase 39 data not available 1 Mar 2024 data not available
 Cuba 2,500 15 Mar 2024 Decrease 10,391 data not available 15 Mar 2024 data not available
 Kenya 2,490 5 Mar 2024 Increase 1,073 data not available 1 Mar 2024 data not available
 Papua New Guinea 2,339 1 Mar 2024 Increase 500 data not available 1 Mar 2024 data not available
 Haiti 2,296 1 Mar 2024 Decrease 1,256 data not available 1 Mar 2024 data not available
 Estonia 2,065 1 Mar 2024 Decrease 145 data not available 1 Mar 2024 data not available
 Namibia 2,019 1 Mar 2024 Decrease 25 data not available 1 Mar 2024 data not available
 Bahamas 1,758 1 Mar 2024 Increase 85 data not available 1 Mar 2024 data not available
 Bolivia 1,769 1 Mar 2024 Decrease 471 data not available 1 Mar 2024 data not available
 Madagascar 1,620 19 Mar 2024 Increase 127 data not available 19 Mar 2024 data not available
 Montenegro 1,558 1 Mar 2024 Increase 26 data not available 1 Mar 2024 data not available
 Mauritania 1,493 1 Mar 2024 Increase 37 data not available 1 Mar 2024 data not available
 Tajikistan 1,482 1 Mar 2024 Decrease 19 data not available 1 Mar 2024 data not available
 Rwanda 1,458 1 Mar 2024 Decrease 7 data not available 1 Mar 2024 data not available
 Zambia 1,433 1 Mar 2024 Decrease 16 data not available 1 Mar 2024 data not available
 Guinea 1,425 15 Mar 2024 Increase 33 data not available 15 Mar 2024 data not available
 Gabon 1,377 1 Mar 2024 Decrease 90 data not available 1 Mar 2024 data not available
 Cyprus 1,271 1 Mar 2024 Increase 200 data not available 1 Mar 2024 data not available
 Luxembourg 1,119 5 Mar 2024 Decrease 34 data not available 5 Mar 2024 data not available
 Laos 1,099 1 Mar 2024 Increase 23 data not available 1 Mar 2024 data not available
 Curaçao 1,080 20 Mar 2024 Increase 30 data not available 20 Mar 2024 data not available
 Fiji 1,065 5 Mar 2024 Increase 22 data not available 5 Mar 2024 data not available
 Niger 1,053 1 Mar 2024 Increase 24 data not available 1 Mar 2024 data not available
 Aruba 1,017 15 Mar 2024 Increase 30 data not available 15 Mar 2024 data not available
 Bhutan 972 10 Mar 2024 Decrease 3 data not available 10 Mar 2024 data not available
 Kosovo 950 1 Mar 2024 Decrease 15 data not available 1 Mar 2024 data not available
 Malta 937 20 Mar 2024 Increase 9 data not available 20 Mar 2024 data not available
 Lesotho 785 1 Mar 2024 Increase 11 data not available 1 Mar 2024 data not available
 Barbados 770 1 Mar 2024 Decrease 2 data not available 1 Mar 2024 data not available
 Cape Verde 712 1 Mar 2024 Decrease 25 data not available 1 Mar 2024 data not available
 San Marino 716 1 Mar 2024 Increase 243 data not available 1 Mar 2024 data not available
 Gambia 698 1 Mar 2024 Increase 6 data not available 1 Mar 2024 data not available
 Palestine 671 1 Mar 2024 Decrease 12 data not available 1 Mar 2024 data not available
 Timor-Leste 654 1 Mar 2024 Decrease 2 data not available 1 Mar 2024 data not available
 Suriname 647 8 Mar 2024 Increase 30 data not available 8 Mar 2024 data not available
 Sierra Leone 624 2 Mar 2024 Decrease 2 data not available 2 Mar 2024 data not available
 Mali 604 1 Mar 2024 Decrease 19 data not available 1 Mar 2024 data not available
 Maldives 588 1 Mar 2024 Decrease 180 data not available 1 Mar 2024 data not available
 Guyana 553 10 Mar 2024 Decrease 20 data not available 10 Mar 2024 data not available
 Solomon Islands 551 8 Mar 2024 Increase 24 data not available 8 Mar 2024 data not available
 Seychelles 546 1 Mar 2024 Decrease 19 data not available 1 Mar 2024 data not available
 Vanuatu 509 1 Mar 2024 Decrease 2 data not available 1 Mar 2024 data not available
 Democratic Republic of the Congo 505 14 Mar 2024 Decrease 160 data not available 14 Mar 2024 data not available
 Djibouti 504 1 Mar 2024 Increase 3 data not available 1 Mar 2024 data not available
 Malawi 488 1 Mar 2024 Increase 17 data not available 1 Mar 2024 data not available
 Eswatini 467 1 Mar 2024 Increase 27 data not available 1 Mar 2024 data not available
 Republic of the Congo 443 1 Mar 2024 Increase 20 data not available 1 Mar 2024 data not available
 Syria 401 1 Mar 2024 Decrease 16 data not available 1 Mar 2024 data not available
 Federated States of Micronesia 395 1 Mar 2024 Decrease 2 data not available 1 Mar 2024 data not available
 Central African Republic 375 1 Mar 2024 Increase 14 data not available 1 Mar 2024 data not available
 Saint Kitts and Nevis 365 1 Mar 2024 Decrease 14 data not available 1 Mar 2024 data not available
 Liberia 342 1 Mar 2024 Decrease 7 data not available 1 Mar 2024 data not available
 Guinea-Bissau 329 1 Mar 2024 Decrease 3 data not available 1 Mar 2024 data not available
 Antigua and Barbuda 285 1 Mar 2024 Increase 6 data not available 1 Mar 2024 data not available
 Belize 281 1 Mar 2024 Increase 4 data not available 1 Mar 2024 data not available
 Saint Lucia 258 1 Mar 2024 Decrease 2 data not available 1 Mar 2024 data not available
 Yemen 250 1 Mar 2024 Increase 5 data not available 1 Mar 2024 data not available
 Grenada 247 1 Mar 2024 Increase 11 data not available 1 Mar 2024 data not available
 Tonga 226 1 Mar 2024 Decrease 3 data not available 1 Mar 2024 data not available
 Togo 208 1 Mar 2024 Decrease 7 data not available 1 Mar 2024 data not available
 Comoros 197 1 Mar 2024 Decrease 5 data not available 1 Mar 2024 data not available
 Saint Vincent and the Grenadines 192 1 Mar 2024 Decrease 1 data not available 1 Mar 2024 data not available
 Eritrea 189 1 Mar 2024 Decrease 2 data not available 1 Mar 2024 data not available
 Samoa 188 1 Mar 2024 Increase 3 data not available 1 Mar 2024 data not available
 São Tomé and Príncipe 186 1 Mar 2024 Increase 2 data not available 1 Mar 2024 data not available
 Sudan 172 1 Mar 2024 Decrease 5 data not available 1 Mar 2024 data not available
 Dominica 168 1 Mar 2024 Increase 6 data not available 1 Mar 2024 data not available
 Senegal 164 1 Mar 2024 Increase 12 data not available 1 Mar 2024 data not available
 Zimbabwe 159 1 Mar 2024 Increase 8 data not available 1 Mar 2024 data not available
 Chad 143 1 Mar 2024 Decrease 4 data not available 1 Mar 2024 data not available
 Burundi 105 1 Mar 2024 Decrease 6 data not available 1 Mar 2024 data not available
 South Sudan 80 2 Mar 2024 Increase 7 data not available 2 Mar 2024 data not available
 Benin 69 1 Mar 2024 Increase 9 data not available 1 Mar 2024 data not available
 Montserrat 54 1 Mar 2024 Increase 5 data not available 1 Mar 2024 data not available
 Equatorial Guinea 46 1 Mar 2024 Decrease 2 data not available 1 Mar 2024 data not available
 Burkina Faso 42 1 Mar 2024 Decrease 3 data not available 1 Mar 2024 data not available
 Somalia 37 1 Mar 2024 Increase 5 data not available 1 Mar 2024 data not available
 Kiribati 8 1 Mar 2024 Increase 2 data not available 1 Mar 2024 data not available

Timeline of the top 5 countries

Combined Foreign Reserves Timeline for China, Japan, Switzerland, India, Russia
Combined Foreign Reserves Timeline for China, Japan, Switzerland, India, Russia

The five countries with the largest foreign exchange reserves almost all have reserves of at least 500 billion USD and higher and have maintained such an amount for at least a week. At present there are only six countries whose reserves are at such a figure; this includes China, Japan, Switzerland, India, Russia and Taiwan. Saudi Arabia formerly included on the list until March 2020; its reserves were severely depleted by the low oil price during the economic fallout of from the global outbreak of coronavirus disease, its ongoing oil price war with Russia and competition from US shale oil. Here is the combined foreign reserves timeline for China, Japan, Switzerland, India, Russia.

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