[Economic Report of the President (1998)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



Table B-111.--International reserves, selected years, 1952-97
[Millions of SDRs; end of period]
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1997
Area and country                          1952     1962     1972      1982      1992      1995       1996    ---------------------
Oct        Nov
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All countries...............................................   49,388   62,851   146,658   361,239   726,149   981,688   1,122,994   1,233,522  ........

Industrial countries \1\....................................   39,280   53,502   113,362   214,025   424,229   514,117     575,014     605,986  ........

United States.............................................   24,714   17,220    12,112    29,918    52,995    59,467      53,694      50,346    50,327
Canada....................................................    1,944    2,561     5,572     3,439     8,662    10,243      14,310      15,877    13,783
Australia.................................................      920    1,168     5,656     6,053     8,429     8,279      10,384      12,129    12,217
Japan.....................................................    1,101    2,021    16,916    22,001    52,937   124,125     151,511     164,893   167,691
New Zealand...............................................      183      251       767       577     2,239     2,967       4,140       3,137  ........

Austria...................................................      116    1,081     2,505     5,544     9,703    13,020      16,277      15,024    14,912
Belgium...................................................    1,133    1,753     3,564     4,757    10,914    11,601      12,326      12,838    12,762
Denmark...................................................      150      256       787     2,111     8,090     7,468       9,892      15,101    14,290
Finland...................................................      132      237       664     1,420     3,862     6,809       4,866       8,174  ........
France....................................................      686    4,049     9,224    17,850    22,522    20,930      21,500      24,348    25,045

Germany...................................................      960    6,958    21,908    43,909    69,489    60,517      61,176      59,341    59,977
Greece....................................................       94      287       950       916     3,606    10,064      12,292       8,029     9,148
Iceland...................................................        8       32        78       133       364       209         317  ..........  ........
Ireland...................................................      318      359     1,038     2,390     2,514     5,818       5,719       5,435     5,523
Italy.....................................................      722    4,068     5,605    15,108    22,438    25,815      34,287      41,669    42,194
Netherlands...............................................      953    1,943     4,407    10,723    17,492    23,897      19,832      20,144    19,997

Norway....................................................      164      304     1,220     6,273     8,725    15,190      18,482      22,566    23,048
Portugal..................................................      603      680     2,129     1,179    14,474    11,225      11,632      11,458  ........
Spain.....................................................      134    1,045     4,618     7,450    33,640    23,746      40,831      49,976    50,986
Sweden....................................................      504      802     1,453     3,397    16,667    16,344      13,452      10,685  ........
Switzerland...............................................    1,667    2,919     6,961    16,930    27,100    27,411      29,642      28,259    28,767
United Kingdom............................................    1,956    3,308     5,201    11,904    27,300    28,910      28,390  ..........  ........

Developing countries: Total \2\.............................    9,648    9,349    33,295   147,213   301,920   467,571     547,980     627,537  ........

By area:

Africa..................................................    1,786    2,110     3,962     7,737    12,868    17,461      21,107      30,282  ........
Asia \2\................................................    3,793    2,772     8,130    44,490   164,775   254,340     299,955     331,728  ........
Europe..................................................      269      381     2,680     5,359    15,354    57,380      61,907      75,369  ........
Middle East.............................................    1,183    1,805     9,436    64,039    44,149    50,768      56,152      67,727  ........
Western Hemisphere......................................    2,616    2,282     9,089    25,563    64,774    87,623     108,859     122,430  ........

Memo:

Oil-exporting countries.................................    1,699    2,030     9,956    67,108    46,144    44,707      55,981      65,432  ........
Non-oil developing countries \2\........................    7,949    7,319    23,339    80,105   255,776   422,865     491,999     562,105  ........
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\1\ Includes data for Luxembourg.
\2\ Includes data for Taiwan Province of China.

Note.--International reserves is comprised of monetary authorities' holdings of gold (at SDR 35 per ounce), special drawing rights (SDRs), reserve
positions in the International Monetary Fund, and foreign exchange.
U.S. dollars per SDR (end of period) are: 1952 and 1962--1.00000; 1972--1.08571; 1982--1.10311; 1992--1.37500; 1995--1.48649; 1996--1.43796; October
1997--1.38362; and November 1997--1.36184.

Source: International Monetary Fund, International Financial Statistics.