Top 15 Countries by Foreign Exchange Reserves (1960-2021)

This video will compare the top countries by foreign exchange (forex) reserves.
Sources: World Bank, IMF

[@RankingCharts]

Enjoy the new video! This one will compare the top countries by foreign exchange (forex) reserves.

[@L.K.P_]

Love from India bro keep making these videos very interesting

[@RankingCharts]

I’m glad you enjoy!

[@theinfotainer3451]

Damn, I haven't checked in for a while and your size doubled up, impressive!

[@RankingCharts]

🙏 Thanks. You haven’t uploaded any videos for a period of time; are you taking a break?

[@theinfotainer3451]

@@RankingCharts maybe you can say like that, I kind of went off path a little bit :/ No intentions at leaving though

[@anishitagi9410]

India regained it's position during the time of NDA rule and the positions dropped during the Congress rule and again can see it increasing post 2015 during the BJP rule.

[@PRATEEKsirji]

as if having huge foreign exchange reserves is a good thing

[@suyashsinghchauhan2490]

@@PRATEEKsirji yes absolutely we don't believe in paper currency

[@jayantkumar159]

@@suyashsinghchauhan2490 IT HAS GOLD ASSESTS IN IT TOO

[@sujithkumar804]

@@PRATEEKsirji you dont know the importance of forex reserve?

[@pritsingh9766]

Ask Sri lanka ,Nepal and Pakistan about the importance of forex reserves. 😂 You can go live in these nations, if you think forex isn't important.

[@ExcelTutorials1]

Love the video! Can you please post a link to where you got the data from so I can look into it a bit further myself?

[@redstwok1123]

awesome music. Barry Lyndon

[@vannederynen1]

You should do a ranking by national debt

[@ttyler7256]

Merica: Uh oh

[@melbourneopera]

If foreign reserve can be converted to pay the debt.

[@Mautiks]

Greece numba one!

[@Konstantinos1404]

@@Mautiks No ,percentage wise greece is second to japan , and by size , its not even top 20 I think

[@momohuang3769]

America will win 😬🤫🤫🤫

[@ruiguo0824]

Switzerland is definitely striking above its weight.

[@abhilash9918]

Swiss banks! Giving safe haven to corrupt ppl worldwide.

[@skysky616]

Have you seen Singapore haha, as a Singaporean it's kinda insane to think we are even on the list.... Our country is smaller than New York

[@peters972]

Please let me know the composer and name of this classical piece.

[@JoniKukus]

Schubert's Piano Trio

[@eeellliiizzz92]

What’s the music used in this video? It sounds very familiar but I can’t quite place it.

[@danielt203]

Schubert Trio something

[@babarali7172]

Subscribed from pakistan

[@THEGAMER-cc2eq]

The key to getting wealthy is having more FER

[@gabrielfeitosa9404]

Hello from brazil

[@GhostXRizz]

Love from india

[@calebernst8025]

USA at 4:59: Aight i'mma head out

[@Aishyyrose]

India is improving. But still there is a long way to go....

[@Ishant007]

Swiss have black money 💰😅

[@L.K.P_]

Foreign money*

[@Ishant007]

Nope Every Currupt person have account in swiss bank

[@samuelrothlisberger4962]

@@Ishant007 so does every non corrupt successful person

[@dundun679]

I know all the words in the title, but put together I have no idea what this means...

[@gadgetpotato1975]

what are foreign exchange reserves and why do they matter?

[@bloyblin1976]

You could see how Taiwan survived from Asian financial crisis in 1997 by manipulating its currency with foreign exchange reserves. I think it’s a good example.

[@deyvijosegutierrezatencio9668]

And also is useful to keep the value of the currency. (prevent inflation)

[@le_meme_man8983]

It's used to prevent the weakening of the country's currency. Say, yen is devaluing (weakening) and the government then uses the FOREX and converts it into yen and buys stuff, this prevents, or at the very least, slows down the devaluation.

[@_H_A_R_S_H_I_T_]

@@bloyblin1976 So United States isn’t going to survive another Financial Crisis?

[@alimurtaza6318]

Starts with usa and ends with China

[@greater8731]

Always😂

[@VishuKrishnaDas001]

Obviously

[@stevenmark4407]

@@greater8731 not always

[@heavenhelpus479]

Holy crap. 5:05

[@zshadow8357]

dear god``` could anyone can tell me that happen about switzerland??

[@pax71107]

my country taiwan🇹🇼😍

[@Thanuraj.Mysuru]

India 4th at 608B$

[@Aishyyrose]

Only just don't show this to Pakistan otherwise they will commit suicide by seeing India have double money that their entire GDP in reserves. 😂😂😂😂🤣🤣🤣🤣

[@Thanuraj.Mysuru]

@@Aishyyrose Bhai Indian Billionaires has more money

[@shreyandattagupta5605]

@@Aishyyrose Pakistan total nominal gdp is 308B $ which is less than nominal gdps of Maharastra and Tamil Nadu

[@polynesianwarrior2166]

@@Aishyyrose just like china 3.7 trillion foreign reserves 😁is much bigger than entire whole india GDP 😂😂

[@user-ye5om3qx5t]

Isn’t Hong Kong a part of China? Why every of this guy’s video separate Hong Kong from China?

[@DC-bj7yd]

HK is independent country

[@user-ps3gg8bk5r]

@@DC-bj7yd 啥？你爸没鸡吧？

[@thesachinjha]

Basically in 2021 These countries have more US dollars then US itself Lol

[@sujithkumar804]

seeing venezula libya and iran in the game in 1970s and they were no where later because of many self agenda.

[@lalkrishnakrishna3838]

And then India came and never left😅

[@ChristopherLMunoz]

Eh what's up with China...

[@artetamenta]

20% Russian have 75 000 000 000 .

[@pranjalbivare7667]

Same in India but they have more than this and poor is very poor.

[@sakhtlaunda2.032]

@@pranjalbivare7667 No actually the poor, is grafually getting a better life and the Middle class is getting stronger. More people in Upper class now than before, we are growing with a relative pace.

[@ansaipaoloricciardi2672]

Having too big of an FX reserve is meaningless. To domestically spend the reserves, nations need to sell USD and buy local currencies. At large amounts, this appreciates the local currencies relative to the USD, causing massive deflation. China, Japan, and Switzerland have more than $1 trillion (USD) in reserves. Japan and Switzerland are already experiencing deflation. These economies also rely on exports: 17.7%, 17.5%, and 66% of GDP, respectively. So they need to maintain a relatively high currency value to support exports. They can't afford deflation. So unless a nation's currency is devaluing, having a large FX reserve is worthless.

[@baseball_0806]

This shows that Taiwan is not China

[@Mike-fn4ti]

They're part of China, ROC

[@user-no4mm3uk1r]

roc

[@lloydgu2441]

This is exactly how it makes international people misunderstand that Taiwan were a country because it's got national-like flag like Hongkong and besides they are not communism territories.

[@nomoresorrow501]

Don’t worry. One day Taiwan will beg to go back for being part of China. On that day, Chinese will rule the planet.

[@Minecraftizawsom]

@@nomoresorrow501 They can't even rule Hong Kong 😂

[@pauldacon828]

🕴 ⬅️ United States of America in 1980.

[@iputinkayo7795]

I love Japan from Philippines

[@readwrite1815]

Philippines.... very poor country

[@parmentier7457]

If China is the biggest in everything why isn't the world trading or use Renminbi?

[@recordkeepingandinformatio8206]

It's alleged that china pegs the RMB to the USD to get a trade advantage; if you convert an average chinese's income into USD at the official 7-to-1 rate they'd probably not be able to afford the same stuff

[@user-rs5ik4oc5u]

Because China does not have ten aircraft carriers

[@user-co5gv7wn4r]

Because this is the economic rule set by the United States after World War II, the United States has always been the most powerful country, and no other country dares to challenge

[@palapie]

because the Chinese market and currency is controlled, not free, thus unstable or unpredictable.

[@paco2835]

因为还没准备好

[@tackthecool]

India at 4 🎉

[@carterzhang2977]

Why did US drop so hard in 2021?

[@binweizang2915]

Because they made America great again

[@Ishant007]

Doller is there own currency lol 😅

[@x-44mantalockheedmartin50]

Because of the massive amount of stimulus checks. It's the same reason why the US is now in the top 10 countries for deepest in debt

[@ggogg5689]

They expended a lot of their foreign currencies? Also if previously owned assets values dropped in relation to the dollar this could probably also have an effect but considering the value of the dollar is decreasing this seems fairly unlikely.

[@ishuverma9329]

@@binweizang2915 😂😂😂. Nice one.

[@Ilovecruise]

Holding too much foreign reserve indicate that the M1 to M2 ratio is limited since the flow is outward, therefore having more foreign reserve during normal time isn’t a good thing at all

[@karlheinz4059]

It depends. In switzerland everybody wants their currency, and thats why they keep buying foreign reserves to keep the value of their currency down. They profit enormous from negative intrest rates

[@shogun2heroicvictories15]

Thanks the Chinese the rest of the world managed to escape relatively unscathed by the 2008 financial crisis

[@mysteriousboy4274]

India after 2014 🔥 Under In Modi Government

[@alimurtaza6318]

China is still veryyyyyy far

[@L.K.P_]

@@alimurtaza6318 So ? Is he comparing ?

[@DMTHOTH]

yes fire on COVID-19.

[@ssachdeva31]

@Indian Streetshietters lol pakistani your country can't even buy the US dollar

[@Thanuraj.Mysuru]

@@alimurtaza6318 and you are no where to be Found😂😂😂 and you are planning for China When is accession

[@onemanarmy7030]

Fake video😂😂😂 US do not need foreign reserve. Because foreign reserve means US dollar and US can print lots of dollar. For this US can impose sanction over any country in the world.

[@nageswaraopatha5445]

Forex reserves includes golds reserves also (not only dollars) USA have higher glod reserves in world,

[@alimurtaza6318]

Reserves are good too u know Hey wait make usa currency gold 😂😂😂 Stupid usa

[@happygimp0]

Sorry, but this is completely wrong. Foreign reserves means any foreign currency hold by the national bank. For example, Switzerland has most of their foreign reserves in EUR, not USD. USD is a bad choice for reserves since the USD is notorious for losing value.

[@1SuperTempest]

​@@happygimp0 The USD is more stable than the Euro... The EU uses negative interest rates which means no return on their currency investment, The Yuan has been manipulated to keep its value low to ensure labor prices remain low in China. The Yen suffers from the same negative interest rate due to heavy heavy borrowing. You know absolutely nothing about currencies

[@happygimp0]

@@1SuperTempest Sorry, but that is just completely wrong. Compare EUR-USD exchange rates of the last few years, the USD lost a lot of value. Same with YEN-USD. You are correct about Yuan manipulations, but even the Yuan increased compared to the USD. But the Yuan is special because of the laws and restriction from China. It looks like you are the one that knows absolutely nothing about currencies. But do invest in the shitty dollar if you want.

[@theinfotainer3451]

China's back at top, yay!

[@ansaipaoloricciardi2672]

Having too big of an FX reserve is meaningless. To domestically spend the reserves, nations need to sell USD and buy local currencies. At large amounts, this appreciates the local currencies relative to the USD, causing massive deflation. China, Japan, and Switzerland have more than $1 trillion (USD) in reserves. Japan and Switzerland are already experiencing deflation. These economies also rely on exports: 17.7%, 17.5%, and 66% of GDP, respectively. So they need to maintain a relatively high currency value to support exports. They can't afford deflation. So unless a nation's currency is devaluing, having a large FX reserve is worthless.

[@stickansspel3902]

1st

[@stickansspel3902]

Thx for the heart, RankingCharts

[@kunalnagarkoti1841]

@@stickansspel3902 where u from

[@nomoresorrow501]

Taiwan is an incredible island. Once Taiwan becomes part of China in real, Chinese will rule the planet.

[@Aishyyrose]

USA and the western countries don't want that to happen. IDK Why ?

[@thealpha364]

@@Aishyyrose The Majority of Taiwan people regard as Taiwanese instead of Chinese. That’s why they do not want to reunify with the mainland and be independent

[@nomoresorrow501]

@@thealpha364 Under the governance by DPP, the pride of being Taiwanese is fading away and the sorrow of being a citizen is growing. There’s no democracy in this island anymore. If you criticize the government now, it’s highly likely that the police officer will visit you soon. In fact, I am scared to be disappeared when I am typing this.

[@corudocat]

@@nomoresorrow501 快笑死，民進黨會讓你被消失？

[@nomoresorrow501]

@@corudocat You never know

[@xinyisuoshu]

Taiwan Province and Hongkong are autonomous regions of China, not independent sovereign countries.

[@chhuang0310]

Taiwan is a independent country,not a part of China,we are Taiwanese,not Chinese!

[@user-vv7ir1pl4j]

@@chhuang0310 actually on the embassy website u are chinese and Caim to be the true china. And on ur passport it says republic of China not Taiwan hahahaha western rhetoric

[@madhurahuja8296]

@@chhuang0310 indians support taiwan independence and india will also counter the west taiwan actions in the world love live taiwan independent taiwan

[@palapie]

and you need permission to come to Taiwan. Foreigners coming to Taiwan don't need to apply visa from China government :D you can say all what you want to say but everything you say is simply a lie, bye 小粉紅 little pink

[@sokoirwin5420]

​@@madhurahuja8296 Chinese support Jammu and Kashmir independence and China will also help our friend Pakistan against with India