Iceland vs Mongolia: Total reserves
Total reserves over time
- Iceland
- Mongolia
How they compare
Iceland currently reports 7.73 billion includes gold, current US$ against 7.00 billion includes gold, current US$ in Mongolia, a difference of 728.08 million includes gold, current US$.
That makes Iceland's figure about 1.1 times Mongolia's.
Across all 34 years both countries report, Iceland has been ahead every year.
Globally, Iceland ranks 90th and Mongolia ranks 93rd 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.