Luxembourg vs Venezuela: Total reserves minus gold
Total reserves minus gold over time
- Luxembourg
- Venezuela
How they compare
Venezuela currently reports 3.03 billion current US$ against 2.74 billion current US$ in Luxembourg, a difference of 293.64 million current US$.
That makes Venezuela's figure about 1.1 times Luxembourg's.
Across all 33 years both countries report, Venezuela has been ahead every year.
Globally, Luxembourg ranks 122nd and Venezuela ranks 119th 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.