China is the top country by changes in net reserves in the world. As of 2017, changes in net reserves in China was 91,526 million US dollars that accounts for 19.49 % of the world's changes in net reserves. The top 5 countries (others are Switzerland, Czech Republic, India, and Hong Kong) account for 57.88 % of it. The world's total changes in net reserves was estimated at 469,588 million US dollars in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Changes in net reserves is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.