Iceland vs Nicaragua: Total reserves minus gold
Total reserves minus gold over time
- Iceland
- Nicaragua
How they compare
Nicaragua currently reports 8.32 billion current US$ against 7.45 billion current US$ in Iceland, a difference of 870.88 million current US$.
That makes Nicaragua's figure about 1.1 times Iceland's.
The two have swapped places 12 times across 62 shared years of data; in 1960 it was Nicaragua ahead.
Globally, Iceland ranks 87th and Nicaragua ranks 84th of 181 countries.
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About this data
This series includes external assets (excluding 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.