FR ES DE CN

About Gold: World Gold Holdings

WORLD OFFICIAL GOLD HOLDINGS (December 2007*)

   
Tonnes
Gold's % share of reserves**
     
Tonnes
Gold's % share of reserves**

1
United States
8,133.5
75.3%
 
51
Ukraine
25.7
1.8%
2
Germany
3,417.4
62.9%
 
52
Morocco
22.0
2.0%
3
IMF
3,217.3
(1)
 
53
Nigeria
21.4
1.0%
4
France
2,622.3
52.6%
 
54
Belarus
20.1
16.7%
5
Italy
2,451.8
64.8%
 
55
Cyprus
14.5
5.4%
6
Switzerland
1,166.3
37.7%
 
56
Korea
14.3
0.1%
7
Japan
765.2
1.8%
 
57
Brazil
13.7
0.2%
8
Netherlands
624.5
57.6%
 
58
Czech Republic
13.3
0.9%
9
ECB
604.7
23.4%
 
59
Neths Antilles
13.1
32.7%
10
China
600.0
0.9%
 
60
Jordan
12.7
3.6%
11 Russia
438.2
2.2%
 
61
Cambodia
12.4
14.9%
12
Taiwan
423.3
3.3%
 
62
Serbia
12.0
1.9%
13 Portugal
382.6
90.9%
 
63
Qatar
10.9
3.8%
14
India
357.7
3.0%
 
64
Latvia
7.7
3.1%
15
Venezuela
356.8
26.8%
 
65
El Salvador
7.3
6.4%
16
United Kingdom
310.3
12.6%
 
66
Myanmar
7.2
12.0%
17
Spain
286.8
31.8%
 
67
GEMAC 5
7.1
1.4%
18 Lebanon
310.3
35.3%
 
68
Guatemala
6.9
3.6%
19
Austria
286.8
37.9%
 
69
Colombia
6.9
0.7%
20
Belgium
227.6
33.4%
 
70
Macedonia, FYR
6.8
6.7%
21
Algeria
1736.
3.5%
 
71
Tunisia
6.8
2.0%
22
Sweden
150.3
10.6%
 
72
Lao
6.5
22.6%
23
Libya
143.8
3.9%
 
73
Iraq
5.9
0.9%
24
Saudi Arabia
143.0
9.0%
 
74
Lithuania
5.8
1.6%
25
BIS
142.7
1)
 
75
Ireland
5.5
13.5%
26 Singapore
127.4
1.8%
 
76
Sri Lanka
5.2
3.8%
27
Philippines
126.9
9.0%
 
77
Bahrain
4.7
0.5%
28
South Africa
124.1
8.9%
 
78
Mexico
3.9
0.1%
29
Turkey
116.1
3.3%
 
79
Bangladesh
3.5
1.4%
30
Greece
112.3
79.0%
 
80
Canada
3.4
0.2%
31
Romania
103.7
5.9%
 
81
Slovenia
3.2
6.2%
32
Poland
102.9
3.8%
 
82
Aruba
3.1
16.7%
33
Thailand
84.0
2.2%
 
83
Hungary
3.1
0.3%
34
Australia
79.8
5.3%
 
84
Mozambigque
3.0
4.3%
35
Kuwait
79.0
8.2%
 
85
Kyrgyz Republic
2.6
5.3%
36 Egypt
75.6
5.4%
 
86
Luxembourg
2.3
19.1%
37
Indonesia
73.1
3.0%
 
87
Albania
2.2
2.2%
38
Denmark
66.5
4.0%
 
88
Hong Kong
2.1
0.0%
39
Pakistan
65.3
8.7%
 
89
Iceland
2.0
1.7%
40
Kazakhstan
62.7
8.0%
 
90
Papua New Guinea
2.0
2.2%
41
Argentina
54.7
2.8%
 
91
Mauritus
1.9
3.5%
42
Finland
49.1
13.4%
 
92
Tajikistan
1.6
14.3%
43
Bulgaria
39.8
5.2%
 
93
Yemen
1.6
0.7%
44
WAEMU 3
36.5
8.2%
 
94
Suriname
1.3
7.0%
45
Malaysia
36.4
0.8%
 
95
Cameroon
0.9
0.9%
46
Slovak Republic
35.1
4.1%
 
96
Hondas
0.7
0.6%
47
Peru
34.7
3.1%
 
97
Dominican Rep.
0.6
0.5%
48
Bolivia
28.3
12.9%
 
98
Gabon
0.4
0.7%
49
Ecuador
26.3
16.0%
 
99
Malawi
0.4
3.7%
50
Syria
25.9
1)
 
100
Central African Rep
0.4
5.7%

Memorandum
Tonnes
Gold's % share of Reserves**
World
29,955
(1)
All Countries
26,595
9.9%
Euro Area (incl. ECBIS)
11,065
56.1%
CBGA 1 signatories7
12,579
48.7%
CBGA 2 signatories7
12,381
52.0%

NOTES
* This table was updated on December 14, 2007 and reports data available on that date. Data are taken from the International Monetary Fund's International Financial Statistics (IFS), December 2007 edition, and other sources where applicable. IFS data are two months in arrears, so holdings are as of October 2007 for most countries, September 2007 or earlier for late reporters. The table does not list all gold holders: countries which have not reported their gold holdings to the IMF in the last six months are not included, while other countries are known to hold gold but they do not report their holdings publicly. Where the WGC knows of movements that are not reported to the IMF or misprints, changes have been made. The countries showing as having 0.0 tonnes of gold report some gold but less than 0.05 tonnes to the IMF.

**The percentage share held in gold of total foreign reserves, as calculated by the World Gold Council. The value of gold holdings is calculated using the end-Oct gold price of $789.50 per troy ounce (there are 32,151 troy ounces in a metric tonne). Data for the value of other reserves are taken from IFS, table ‘Foreign Exchange and Total Reserves minus Gold’.

1. BIS and IMF balance sheets do not allow this percentage to be calculated. In the case of any countries, up to date data for other reserves are not available.
2. Excluding gold out on swap.
3. West African Economic Monetary Union including the central bank.
4. FX reserves not published and it is therefore not possible to calculate gold as a percentage of total reserves.
5. As of Nov 1. Including gold on inward swap and excluding gold on outward swap.
6. Central African Economic and Monetary Union including the central bank.
7. Signatories to the first Central Bank Gold Agreement of September 1999 were the ECB and other Eurozone central banks (excluding Greece which was not a Eurozone member in 1999) plus Sweden, Switzerland and the UK. The second Agreement announced in March 2004 originally had the same signatories with the addition of Greece and the exclusion of the UK. Slovenia joined the agreement on December 22, 2006 just prior to its adoption of the euro.