Macao vs New Zealand: Total reserves
Total reserves over time
- Macao
- New Zealand
How they compare
Macao currently reports 30.64 billion includes gold, current US$ against 28.15 billion includes gold, current US$ in New Zealand, a difference of 2.49 billion includes gold, current US$.
That makes Macao's figure about 1.1 times New Zealand's.
The two have swapped places 5 times across 42 shared years of data; in 1984 it was New Zealand ahead.
Globally, Macao ranks 59th and New Zealand ranks 61st 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.