Montenegro vs Senegal: Reserves and related items
Reserves and related items over time
- Montenegro
- Senegal
How they compare
Montenegro currently reports 299.52 million BoP, current US$ against 258.32 million BoP, current US$ in Senegal, a difference of 41.21 million BoP, current US$.
That makes Montenegro's figure about 1.2 times Senegal's.
The two have swapped places 9 times across 17 shared years of data; in 2007 it was Montenegro ahead.
Globally, Montenegro ranks 84th and Senegal ranks 87th 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.