Bulgaria is 48th in Global Gold Reserve Holders Ranking

Bulgaria stepped down one place and now occupies the 48th position in the Global Gold Reserves Holders Ranking, showed recent data of the World Gold Council for December, quoted by Profit.bg. Our country has 39.9 tonnes of gold, accounting for 11.2% of the reserves, just like in October but then Bulgaria ranked 47th. By comparison, gold accounted for 11.7% of our country’s reserves in August. Ahead of Bulgaria is Bolivia with 42.3 tonnes of gold and behind our country are the West African Economic and Monetary Union with 36.5 tonnes and Malaysia, occupying the 50th place with 36.4 tonnes.

The United States has the largest gold reserves, amounting to 8,133.5 tonnes in December, accounting for 76.1% of its total reserves. Germany ranks second with 3,391 tonnes, accounting for 73.2% of its reserves. The top three list is completed by the International Monetary Fund (IMF) with 2,814 tonnes of gold. Italy ranks fourth with 2,451.8 tonnes and France is fifth with 2,435.4 tonnes, followed by China with 1,054.1 tonnes, accounting for just 1.7% of its total reserves. Switzerland is seventh with 1,040.1 tonnes. These are all the countries that can boast of more than 1,000 tonnes of gold reserves. The other three countries in the global top ten are: Russia with 934.9 tonnes of gold, Japan with 765.2 tonnes and the Netherlands with 612.5 tonnes.

Portugal is the country whose gold reserves represent the highest percentage of its total reserves - 90.5%. It occupies the 14th place in the ranking with 382.5 tonnes of gold. Another country whose gold reserves account for a very high percentage of its total reserves (82.7%) is Greece, occupying the 32nd place with 111.8 tonnes of gold.

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