[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] -------------------------------------------------------------------------------------------------------------------------------------------------------- 1997 Area and country 1952 1962 1972 1982 1992 1995 1996 --------------------- Oct Nov -------------------------------------------------------------------------------------------------------------------------------------------------------- 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 ........ -------------------------------------------------------------------------------------------------------------------------------------------------------- \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.