Peru vs Philippines: Total reserves
Total reserves over time
- Peru
- Philippines
How they compare
Peru currently reports 85.0% against 77.5% in Philippines, a difference of 7.5%.
That makes Peru's figure about 1.1 times Philippines's.
The two have swapped places 5 times across 54 shared years of data; in 1971 it was Philippines ahead.
Globally, Peru ranks 20th and Philippines ranks 22nd of 111 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 as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.