Switzerland is the top country by changes in net reserves in the world. As of 2015, changes in net reserves in Switzerland was 98,770 million US dollars that accounts for -51.03 % of the world's changes in net reserves. The top 5 countries (others are Iceland, India, Hong Kong, and the United Kingdom) account for -145.53 % of it. The world's total changes in net reserves was estimated at -193,570 million US dollars in 2015.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.