Papua New Guinea vs Uganda: Total reserves
Total reserves over time
- Papua New Guinea
- Uganda
How they compare
Papua New Guinea currently reports 3.71 billion includes gold, current US$ against 3.48 billion includes gold, current US$ in Uganda, a difference of 226.00 million includes gold, current US$.
That makes Papua New Guinea's figure about 1.1 times Uganda's.
The two have swapped places 6 times across 52 shared years of data; in 1973 it was Papua New Guinea ahead.
Globally, Papua New Guinea ranks 116th and Uganda ranks 118th 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.