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20 countries with the largest foreign exchange reserves

Last updated on: April 25, 2013 09:04 IST

20 countries with the largest foreign exchange reserves

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India is among the top 10 nations in terms of foreign exchange reserves.

Foreign exchange reserves, often taken as a yardstick to gauge a country's financial strength, are the foreign currency deposits and bonds held by central banks or monetary authorities (it is the Reserve Bank in the case of India).

Forex reserves include a country's gold holdings and convertible foreign currencies held in its banks, including special drawing rights and exchange reserve balances, with the International Monetary Fund.

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Photographs: Nguyen Huy Kham/Reuters.

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20 countries with the largest foreign exchange reserves

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China (Rank 1)

Foreign exchange reserves: $3.31 trillion
(As of Dec 2012)

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Image: China
Photographs: Reuters.
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20 countries with the largest foreign exchange reserves

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Japan (Rank 2)

Foreign exchange reserves: $1.25 trillion
(As of Feb 2013)

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Image: An elementary school boy holds a Japanese traditional calculating tool called the soroban (abacus).
Photographs: Issei Kato /Reuters.
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Saudi Arabia (Rank 3)

Foreign exchange reserves: $626.80 billion
(As of Dec 2012)

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Image: Kingdom Centre, Riyadh, Saudi Arabia.
Photographs: BroadArrow/Wikimedia Commons.

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Russia (Rank 4)

Foreign exchange reserves: $527.70 billion
(As of March 2013)

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Image: Moscow
Photographs: Reuters.
Tags: Rank , Russia

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Switzerland (Rank 5)

Foreign exchange reserves: $522.18 billion
(As of Feb 2013)

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Photographs: Reuters.

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Taiwan (Rank 6)

Foreign exchange reserves: $403.17 billion
(As of Dec 2012)

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Image: People visit a giant replica of Lemuel Gulliver built in a park in central Taiwan's city of Taichung.
Photographs: Ralph Jennings/Reuters.
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Brazil (Rank 7)

Foreign exchange reserves: $376.93 billion
(As of Mar 2013)

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Photographs: Reuters.
Tags: Brazil

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Republic of Korea (Rank 8)

Foreign exchange reserves: $327.39 billion
(As of Feb 2013)

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Image: A bank employee counts one hundred dollar notes at a bank in Seoul.
Photographs: Lee Jae Won/Reuters.
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Hong Kong (Rank 9)

Foreign exchange reserves: $304.77 billion
(As of Feb 2013)

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Image: Bank of China tower and Cheung Kong Centre tower in Hong Kong's central district.
Photographs: Reuters.
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India (Rank 10)

Foreign exchange reserves: $290.91 billion
(As of Feb 2013)

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Photographs: Reuters.
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Singapore (Rank 11)

Foreign exchange reserves: $259.13 billion
(As of Feb 2013)

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Image: Tourists stand at a promenade across the water from the Marina Bay Sands integrated resort in Singapore.
Photographs: Vivek Prakash/Reuters.
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Germany (Rank 12)

Foreign exchange reserves: $240.55 billion
(As of Feb 2013)

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Photographs: Reuters.
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Algeria (Rank 13)

Foreign exchange reserves: $190.50 billion
(As of Dec 2012)

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Image: Algiers.
Photographs: Poudou99/Wikimedia Commons.
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Thailand (Rank 14)

Foreign exchange reserves: $179.27 billion
(As of Feb 2013)

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Image: View of Bangkok.
Photographs: Wikimedia Commons.
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France (Rank 15)

Foreign exchange reserves: $179.24 billion
(As of Feb 2013)

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Image: Eiffel Tower, Paris.
Photographs: Reuters.
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Italy (Rank 16)

Foreign exchange reserves: $175.58 billion
(As of Feb 2013)

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Image: A view of Milan.

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Mexico (Rank 17)

Foreign exchange reserves: $171.25 billion
(As of Jan 2013)

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Image: Mexico City, Mexico.
Photographs: Wikimedia Commons.
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United States (Rank 18)

Foreign exchange reserves: $148.03 billion
(As of Mar 2013)

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Image: The US Capitol dome in Washington.
Photographs: Jonathan Ernst/Reuters.

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Malaysia (Rank 19)

Foreign exchange reserves: $140.30 billion
(As of Feb 2013)

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Photographs: Reuters.
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Libya (Rank 20)


Foreign exchange reserves: $130.30 billion
(As of Dec 2012)



Image: Tripoli.
Photographs: Wikimedia Commons.
Tags: Libya

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