South Korea vs Saudi Arabia: Total reserves
Total reserves over time
- South Korea
- Saudi Arabia
How they compare
Saudi Arabia currently reports 505.16 billion includes gold, current US$ against 436.57 billion includes gold, current US$ in South Korea, a difference of 68.59 billion includes gold, current US$.
That makes Saudi Arabia's figure about 1.2 times South Korea's.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was Saudi Arabia ahead.
Globally, South Korea ranks 9th and Saudi Arabia ranks 8th 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.