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External Foriegn Reserves By Country As At 1st March 2024 by Buharifan: 5:13pm On Apr 24 |
S/N Countries Forex Reserves Including Gold S/N (data in millions US$) 1 China 3,225,817 2 Japan 1,290,606 3 Switzerland 868,632 4 India 643,162 5 Russia 600,700 6 Taiwan 568,107 7 Saudi Arabia 455,205 8 Hong Kong 425,153 9 South Korea 419,360 10 Mexico 364,192 11 Singapore 357,345 12 Brazil 352,705 13 Germany 339,800 14 United States 242,681 15 France 240,677 16 Thailand 223,769 17 Israel 206,828 18 Poland 187,996 19 United Kingdom 183,952 20 United Arab Emirates 151,600 21 Czech Republic 144,996 22 Indonesia 149,915 23 Turkey 128,490 24 Netherlands 125,451 25 Canada 116,251 26 Philippines 104,033 27 Malaysia 102,241 28 Iraq 100,000 29 Spain 94,341 30 Vietnam 93,342 31 Belgium 82,000 32 Denmark 80,058 33 Romania 77,364 34 Peru 73,483 35 Norway 71,901 36 Libya 70,524 37 Italy 69,810 38 Algeria 68,028 39 Qatar 64,560 40 Sweden 59,568 41 Colombia 57,269 42 Australia 53,883 43 Portugal 53,710 44 South Africa 53,473 45 Kuwait 46,420 46 Chile 42,527 47 Ukraine 40,507 48 Hungary 41,344 49 Bulgaria 35,395 50 Egypt 35,310 51 Nigeria 34,980 52 Austria 34,856 53 Kazakhstan 34,500 54 Uzbekistan 32,195 55 Morocco 32,037 56 New Zealand 31,712 57 Croatia 28,680 58 Bangladesh 25,231.70 59 Serbia 24,468 60 Iran 24,300 61 Macau 24,283 62 Guatemala 21,390 63 Argentina 20,846 64 Turkmenistan 20,600 65 Cambodia 18,496 66 Jordan 18,765 67 Nepal 18,400 68 Oman 16,163 69 Uruguay 15,449 70 Lebanon 14,738 71 Dominican Republic 14,371 72 Angola 14,200 73 Costa Rica 13,200 74 Ireland 12,599 75 Azerbaijan 11,650 76 Ivory Coast 9,800 77 Paraguay 9,707 78 Bosnia and Herzegovina 8,711 79 Tunisia 8,623 80 North Korea 8,072 81 Pakistan 8,040 82 Finland 7,995 83 Slovakia 7,650 84 Honduras 7,390 85 Tanzania 7,022 86 Iceland 6,847 87 Myanmar 6,700 88 Moldova 6,390 89 Afghanistan 6,228 90 Panama 6,143 91 Venezuela 5,908 92 Trinidad and Tobago 5,800 93 Albania 5,700 94 Mauritius 5,591 95 Bahrain 5,500 96 Georgia 5,224 97 Mongolia 5,120 98 Botswana 5,080 99 Jamaica 4,921 100 Lithuania 4,900 101 Sri Lanka 4,517 102 Vatican City 4,339 103 Armenia 4,298 104 Nicaragua 3,980 105 Greece 3,926 106 Latvia 3,913 107 Uganda 3,700 108 Andorra 3,689 109 Brunei 3,664 110 Cameroon 3,459 111 Ethiopia 3,430 112 Ghana 3,368 113 Ecuador 3,305 114 Belarus 3,296 115 Kyrgyzstan 2,976 116 Slovenia 2,519 117 El Salvador 2,510 118 Cuba 2,500 119 Kenya 2,490 120 Papua New Guinea 2,339 121 Haiti 2,296 122 Estonia 2,065 123 Namibia 2,019 124 Bahamas 1,758 125 Bolivia 1,769 126 Madagascar 1,620 127 Montenegro 1,558 128 Mauritania 1,493 129 Tajikistan 1,482 130 Rwanda 1,458 131 Zambia 1,433 132 Guinea 1,425 133 Gabon 1,377 134 Cyprus 1,271 135 Luxembourg 1,119 136 Laos 1,099 137 Curaçao 1,080 138 Fiji 1,065 139 Niger 1,053 140 Aruba 1,017 141 Bhutan 972 142 Kosovo 950 143 Malta 937 144 Lesotho 785 145 Barbados 770 146 Cape Verde 712 147 San Marino 716 148 Gambia 698 149 Palestine 671 150 Timor-Leste 654 151 Suriname 647 152 Sierra Leone 624 153 Mali 604 154 Maldives 588 155 Guyana 553 156 Solomon Islands 551 157 Seychelles 546 158 Vanuatu 509 159 Democratic Republic of the Congo 505 160 Djibouti 504 161 Malawi 488 162 Eswatini 467 163 Republic of the Congo 443 164 Syria 401 165 Federated States of Micronesia 395 166 Central African Republic 375 167 Saint Kitts and Nevis 365 168 Liberia 342 169 Guinea-Bissau 329 170 Antigua and Barbuda 285 171 Belize 281 172 Saint Lucia 258 173 Yemen 250 174 Grenada 247 175 Tonga 226 176 Togo 208 177 Comoros 197 178 Saint Vincent and the Grenadines 192 179 Eritrea 189 180 Samoa 188 181 São Tomé and Príncipe 186 182 Sudan 172 183 Dominica 168 184 Senegal 164 185 Zimbabwe 159 186 Chad 143 187 Burundi 105 188 South Sudan 80 189 Benin 69 190 Montserrat 54 191 Equatorial Guinea 46 192 Burkina Faso 42 193 Somalia 37 194 Kiribati 8 https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves 6 Likes 1 Share
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Re: External Foriegn Reserves By Country As At 1st March 2024 by Donaldoni: 5:57pm On Apr 24 |
Nice info 3 Likes 1 Share |
Re: External Foriegn Reserves By Country As At 1st March 2024 by 175(m): 6:34pm On Apr 24 |
Wow. . . China!!!!!! No wonder they're not scared of lending to smaller and poorer Nations. 36 Likes 1 Share |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Gbogbowa: 7:33pm On Apr 24 |
Obj really try for Nigeria if not Nigeria will be no where.pls how much has Tinubu save in one Year with subsidy removal 82 Likes 9 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by EKONGKING: 7:37pm On Apr 24 |
Wow India at 645 billion dollars in reserve is a surprise . India is really marching forward . 42 Likes 2 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by RenaissanceGuy: 7:46pm On Apr 24 |
The correct figure is $32b. During Yar'Adua'a tenure, I remember hearing in the news that Nigeria's forex reserve was around $40b+. It's 17 years later and instead of us to be around $80b+, we're now down to $32b+. Jorussia:Lie. Though it's true that Obasanjo grew it exponentially from $5b, but it was $43b he left it at, not $70b. Jonathan massively depleted it with nothing to show for it. 46 Likes 1 Share |
Re: External Foriegn Reserves By Country As At 1st March 2024 by NothingDoMe: 8:13pm On Apr 24 |
Israel has six times the foreign reserves of Nigeria. Nigerian Palestinians will tell you that it was America that gave Israel the money. 52 Likes 2 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Emu4life(m): 8:25pm On Apr 24 |
RenaissanceGuy:During Yar'adua's regime Reserves was $64bn 8 Likes |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Emu4life(m): 8:25pm On Apr 24 |
NothingDoMe:Rest 15 Likes 1 Share |
Re: External Foriegn Reserves By Country As At 1st March 2024 by nedu666: 8:28pm On Apr 24 |
Egypt 35 and 53gw of electricity South Africa 53 and 55gw Naija 34 and 4gw 48 Likes 2 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Yankee101: 8:33pm On Apr 24 |
Equate population and know why nigeria is close to the bottom 10 Likes 2 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by adem30: 8:36pm On Apr 24 |
Emu4life: And was brought down to 25bn under Jonathan within 6yrs 22 Likes 4 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by RenaissanceGuy: 8:39pm On Apr 24 |
Emu4life:Your own figure might be accurate or closer, because I just checked now and saw that we were at $53.1B in 2008. 1 Like |
Re: External Foriegn Reserves By Country As At 1st March 2024 by NothingDoMe: 8:39pm On Apr 24 |
Emu4life:Cry |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Jorussia(m): 8:45pm On Apr 24 |
. |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Chimarto: 8:46pm On Apr 24 |
NothingDoMe: Buhari and Tinubu lead APC destroyed our foreign reserve 14 Likes 1 Share |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Jorussia(m): 8:47pm On Apr 24 |
RenaissanceGuy:it was almost $70b when obj left office.As at when GEJ left it was $28b or so. 20 Likes 4 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Jorussia(m): 8:49pm On Apr 24 |
Chimarto:Tinubu has not spent 8years for us to objectively judge him.it was GEJ that messed our foreign reserve.it was almost $70b when when obj left,and $28b when GEJ left office. 28 Likes 6 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Adeyinka12(m): 8:50pm On Apr 24 |
Wonderful! |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Beverlyjean(f): 11:10pm On Apr 24 |
USA not meant to be there ..those guys have the highest... they are the printers of the global currency that's used as the benchmark ... officially is over 200b...unofficially, it runs in multi trillions .... they just gave 4 countries over 100b dols 18 Likes 1 Share |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Buharifan: 5:46am On Apr 25 |
RenaissanceGuy:This is as at 1st March. 1 Like |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Buharifan: 5:47am On Apr 25 |
Beverlyjean:external reserve means saving 4 Likes |
Re: External Foriegn Reserves By Country As At 1st March 2024 by BigIyanga: 6:03am On Apr 25 |
adem30:Not true. You’re conflating ECA with foreign reserves . It has never gone near $25b since 2014. Time to stop blaming GEJ. Your politrickians have been in control sin 2015-.. 9yrs on, GEJ is still to be blamed??😂😂 17 Likes |
Re: External Foriegn Reserves By Country As At 1st March 2024 by ozo13(m): 6:14am On Apr 25 |
RenaissanceGuy:Jonathan took it down to 26 from that 40 then Buhari made it climb to 34 again and as if the thing dey go down again.i actually don't understand what is the implications of a lower reserve reason bn US more advanced economically and otherwise than china got a lower reserve than china and even Russia.so am kinda confuse about the relationship 6 Likes 1 Share |
Re: External Foriegn Reserves By Country As At 1st March 2024 by ozo13(m): 6:27am On Apr 25 |
Chimarto:haba Jonathan actually destroyed it but I don't understand the importance of foreign reserve Sha as even some country some guys love to Japa to ie Finland got a lower reserve than Nigeria and also Bahrain with a strong currency is not the strongest got a bad reserve.then china whose currency strength is far below USA got more and more reserve than USA. 9 Likes 1 Share |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Nlanalyst: 6:53am On Apr 25 |
RenaissanceGuy: 4 Likes 2 Shares
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Re: External Foriegn Reserves By Country As At 1st March 2024 by Beverlyjean(f): 7:04am On Apr 25 |
Buharifan: I know what it means |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Matheusmartin: 7:18am On Apr 25 |
Yankee101:. China,India have far more population than your Nigeria.. Abeg, find better thing talk.. 8 Likes 1 Share |
Re: External Foriegn Reserves By Country As At 1st March 2024 by LadyExcellency: 8:12am On Apr 25 |
Jorussia: Because APC Governors led by Amaechi wanted it shared against all pleas by Dr Ngozi Okonjo Iweala. Blame the progressive Governors, not Jonathan. Our Excess Crude Account was jointly opened by States and the Federal Government. 8 Likes 2 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Yankee101: 8:14am On Apr 25 |
Matheusmartin: Read my post again Slowly this time 1 Like |
Re: External Foriegn Reserves By Country As At 1st March 2024 by Jorussia(m): 9:30am On Apr 25 |
LadyExcellency:I have always said that the biggest problem in Nigeria is we have at least 80% of so called educated people who are ignorant and to a large extent illiterate. Foreign reserve is what this thread is about as you are bringing excess crude account.for your information,obj left $22b as excess crude and about $70b as foreign reserve.how foreign reserve fell from $70b to $28b in a space of 8years is what i commented on.On this issue of excess crude accounts being depleted by Amaechi and his then progressive governors as you claimed,it wasn't true.APC became a party in 2013 and that was when Amaechi joined the party.As at 2013 excess crude accounts was already depleted.The annoyance of the governors across party lines then was that the federal government was withdrawing the money without the knowledge of the states which was true. The administration of Pmb grew the foreign reserve to $48b around early 2020 before covid 19.the exchange rate was around #300 which around 30% more than what he met it, considering the foreign reserve they met,#300 was a very fair achievement by the then PMB.It was the uncontrolled crude oil theft(I believe state sponsored) from ending of 2021 and the decision by Pmb cabal to fight anything Tinubu and osibanjo that messed up the economy of this country 2022-2023,and the effect still felt today. 28 Likes 8 Shares |
Re: External Foriegn Reserves By Country As At 1st March 2024 by id4sho(m): 10:31am On Apr 25 |
1 Like |
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