Armenia vs North Macedonia: Reserves excluding gold

Armenia
3.72 billion SDR
in 2025
North Macedonia
3.53 billion SDR
in 2025
Armenia rank
104th
North Macedonia rank
107th

Reserves excluding gold over time

  • Armenia
  • North Macedonia
01.0B2.0B3.0B4.0B199220082025

How they compare

Armenia currently reports 3.72 billion SDR against 3.53 billion SDR in North Macedonia, a difference of 184.24 million SDR.

That makes Armenia's figure about 1.1 times North Macedonia's.

The two have swapped places 3 times across 33 shared years of data; in 1993 it was North Macedonia ahead.

Armenia ranks 104th and North Macedonia ranks 107th of 194 countries.

North Macedonia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Armenia North Macedonia Difference Ahead
1990s 112.58 million SDR 177.02 million SDR 64.44 million SDR North Macedonia
2000s 590.26 million SDR 853.62 million SDR 263.36 million SDR North Macedonia
2010s 1.44 billion SDR 1.77 billion SDR 335.07 million SDR North Macedonia
2020s 2.74 billion SDR 3.09 billion SDR 349.90 million SDR North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher reserves excluding gold, Armenia or North Macedonia?
Armenia, at 3.72 billion SDR against 3.53 billion SDR in North Macedonia as of 2025.
What is the difference in reserves excluding gold between Armenia and North Macedonia?
184.24 million SDR, with Armenia ahead.
How many years of comparable data are there for Armenia and North Macedonia?
33 years are reported by both, from 1993 to 2025.
How do Armenia and North Macedonia rank globally for reserves excluding gold?
Armenia ranks 104th and North Macedonia ranks 107th of 194 countries.
Where does this data come from?
International Monetary Fund, published as Reserves excluding gold (SDR). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs North Macedonia: Reserves excluding gold. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/compare/reserves-excluding-gold-sdr/armenia/north-macedonia/

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About this data

Indicator
Reserves excluding gold (SDR)
Unit
SDR
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
208 places, 11,419 data points, 1950–2025
Last refreshed

International liquidity consists of all the resources that are available to the monetary authorities of countries for the purpose of meeting balance of payments financing needs.