Nigeria vs South Africa: Total reserves including gold valued at London gold price

Nigeria
147.12 billion current US$
in 2011
South Africa
37.61 billion current US$
in 2010
Nigeria rank
1st
South Africa rank
4th

Total reserves including gold valued at London gold price over time

  • Nigeria
  • South Africa
050.0B100.0B150.0B197619932011

How they compare

Nigeria currently reports 147.12 billion current US$ against 37.61 billion current US$ in South Africa, a difference of 109.51 billion current US$.

That makes Nigeria's figure about 3.9 times South Africa's.

The two have swapped places 2 times across 11 shared years of data; in 2000 it was Nigeria ahead.

Nigeria ranks 1st and South Africa ranks 4th of 38 countries.

Nigeria has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Nigeria South Africa Difference Ahead
2000s 35.35 billion current US$ 18.64 billion current US$ 16.71 billion current US$ Nigeria
2010s 127.59 billion current US$ 37.61 billion current US$ 89.98 billion current US$ Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves including gold valued at london gold price, Nigeria or South Africa?
Nigeria, at 147.12 billion current US$ against 37.61 billion current US$ in South Africa as of 2011.
What is the difference in total reserves including gold valued at london gold price between Nigeria and South Africa?
109.51 billion current US$, with Nigeria ahead.
How many years of comparable data are there for Nigeria and South Africa?
11 years are reported by both, from 2000 to 2010.
How do Nigeria and South Africa rank globally for total reserves including gold valued at london gold price?
Nigeria ranks 1st and South Africa ranks 4th of 38 countries.
Where does this data come from?
International Monetary Fund, published as Total reserves including gold valued at London gold price (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs South Africa: Total reserves including gold valued at London gold price. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/total-reserves-including-gold-valued-at-london-gold-price-current-us/nigeria/south-africa/

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About this data

Indicator
Total reserves including gold valued at London gold price (current US$)
Unit
current US$
Source
International Monetary Fund
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
44 places, 1,016 data points, 1965–2011
Last refreshed

Gross international reserves comprise holdings of monetary gold, special drawing rights, the reserve position of members in the International Monetary Fund (IMF), and holdings of foreign exchange under the control of monetary authorities. The gold component is valued at end-of-year London prices.