Iceland vs Myanmar: Total reserves
Total reserves over time
- Iceland
- Myanmar
How they compare
Myanmar currently reports 9.34 billion includes gold, current US$ against 7.73 billion includes gold, current US$ in Iceland, a difference of 1.61 billion includes gold, current US$.
That makes Myanmar's figure about 1.2 times Iceland's.
The two have swapped places 14 times across 64 shared years of data; in 1960 it was Myanmar ahead.
Globally, Iceland ranks 90th and Myanmar ranks 87th 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.