Australia vs Norway: Total reserves
Total reserves over time
- Australia
- Norway
How they compare
Norway currently reports 85.49 billion includes gold, current US$ against 72.63 billion includes gold, current US$ in Australia, a difference of 12.86 billion includes gold, current US$.
That makes Norway's figure about 1.2 times Australia's.
The two have swapped places 5 times across 66 shared years of data; in 1960 it was Australia ahead.
Globally, Australia ranks 38th and Norway ranks 35th of 181 countries.
Individual pages
About this data
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. 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.