Congo vs Egypt: Reserves and related items
Reserves and related items over time
- Congo
- Egypt
How they compare
Congo currently reports -231.60 million BoP, current US$ against -287.30 million BoP, current US$ in Egypt, a difference of 55.70 million BoP, current US$.
The two have swapped places 16 times across 42 shared years of data; in 1978 it was Congo ahead.
Globally, Congo ranks 155th and Egypt ranks 158th of 194 countries.
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About this data
Reserves and related items 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 external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency.Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.