Iceland vs Portugal: Reserves and related items
Reserves and related items over time
- Iceland
- Portugal
How they compare
Iceland currently reports 611.09 million BoP, current US$ against 565.63 million BoP, current US$ in Portugal, a difference of 45.46 million BoP, current US$.
That makes Iceland's figure about 1.1 times Portugal's.
The two have swapped places 16 times across 49 shared years of data; in 1976 it was Iceland ahead.
Globally, Iceland ranks 66th and Portugal ranks 69th of 194 countries.
Individual pages
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.