Norway vs South Africa: Total reserves
Total reserves over time
- Norway
- South Africa
How they compare
Norway currently reports 85.49 billion includes gold, current US$ against 76.02 billion includes gold, current US$ in South Africa, a difference of 9.47 billion includes gold, current US$.
That makes Norway's figure about 1.1 times South Africa's.
The two have swapped places 6 times across 66 shared years of data; in 1960 it was Norway ahead.
Globally, Norway ranks 35th and South Africa ranks 36th 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.