Canada vs Philippines: Total reserves
Total reserves over time
- Canada
- Philippines
How they compare
Canada currently reports 125.63 billion includes gold, current US$ against 110.93 billion includes gold, current US$ in Philippines, a difference of 14.70 billion includes gold, current US$.
That makes Canada's figure about 1.1 times Philippines's.
The two have swapped places 4 times across 66 shared years of data; in 1960 it was Canada ahead.
Globally, Canada ranks 27th and Philippines ranks 29th of 181 countries.
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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.