Gross international reserves, Central bank, US dollar (Balance of) in Gulf Cooperation Council (GCC)
Gulf Cooperation Council (GCC): Gross international reserves, Central bank, US dollar (Balance of) was 1.03 trillion in 2030. ▲ Rising
Gross international reserves, Central bank, US dollar (Balance of) in Gulf Cooperation Council (GCC), 2000–2030
Source: International Monetary Fund.
Analysis
Gulf Cooperation Council (GCC) recorded 1.03 trillion for gross international reserves, central bank, us dollar (balance of) in 2030. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 55.0% over ten years.
Over the whole period, gross international reserves, central bank, us dollar (balance of) in Gulf Cooperation Council (GCC) peaked at 1.03 trillion in 2030 and was at its lowest, 75.05 billion, in 2000.
The long-run direction has been consistently rising across the 31 years of available data.
Gross international reserves, Central bank, US dollar (Balance of) in Gulf Cooperation Council (GCC), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 75.05 billion | — |
| 2001 | 80.61 billion | +7.4% |
| 2002 | 75.47 billion | -6.4% |
| 2003 | 93.99 billion | +24.5% |
| 2004 | 125.93 billion | +34.0% |
| 2005 | 195.20 billion | +55.0% |
| 2006 | 278.83 billion | +42.8% |
| 2007 | 422.96 billion | +51.7% |
| 2008 | 515.59 billion | +21.9% |
| 2009 | 487.37 billion | -5.5% |
| 2010 | 545.14 billion | +11.9% |
| 2011 | 649.03 billion | +19.1% |
| 2012 | 784.48 billion | +20.9% |
| 2013 | 888.81 billion | +13.3% |
| 2014 | 907.80 billion | +2.1% |
| 2015 | 796.15 billion | -12.3% |
| 2016 | 706.59 billion | -11.2% |
| 2017 | 658.83 billion | -6.8% |
| 2018 | 683.04 billion | +3.7% |
| 2019 | 707.72 billion | +3.6% |
| 2020 | 666.58 billion | -5.8% |
| 2021 | 695.00 billion | +4.3% |
| 2022 | 712.88 billion | +2.6% |
| 2023 | 744.61 billion | +4.5% |
| 2024 | 783.55 billion | +5.2% |
| 2025 | 830.87 billion | +6.0% |
| 2026 | 872.03 billion | +5.0% |
| 2027 | 910.08 billion | +4.4% |
| 2028 | 949.93 billion | +4.4% |
| 2029 | 991.02 billion | +4.3% |
| 2030 | 1.03 trillion | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 235.10 billion | 75.05 billion | 515.59 billion | 10 |
| 2010s | 732.76 billion | 545.14 billion | 907.80 billion | 10 |
| 2020s | 815.65 billion | 666.58 billion | 991.02 billion | 10 |
| 2030s | 1.03 trillion | 1.03 trillion | 1.03 trillion | 1 |
Countries ranked near Gulf Cooperation Council (GCC)
- 1 Saudi Arabia 478.52 billion compare
- 2 United Arab Emirates 385.84 billion compare
- 3 Libya 78.66 billion compare
- 4 Kuwait 70.69 billion compare
- 5 Qatar 70.28 billion compare
- 6 Morocco 60.25 billion compare
- 7 Kazakhstan 59.30 billion compare
More financial sector data for Gulf Cooperation Council (GCC)
Frequently asked questions
- What is gross international reserves, central bank, us dollar (balance of) in Gulf Cooperation Council (GCC)?
- Gross international reserves, central bank, us dollar (balance of) in Gulf Cooperation Council (GCC) was 1.03 trillion in 2030, according to International Monetary Fund.
- What is the highest gross international reserves, central bank, us dollar (balance of) recorded in Gulf Cooperation Council (GCC)?
- The highest recorded value was 1.03 trillion in 2030.
- What is the lowest gross international reserves, central bank, us dollar (balance of) recorded in Gulf Cooperation Council (GCC)?
- The lowest recorded value was 75.05 billion in 2000.
- How does Gulf Cooperation Council (GCC) rank for gross international reserves, central bank, us dollar (balance of)?
- Gulf Cooperation Council (GCC) ranks 4th out of 13 groups with data for 2030.
- Is gross international reserves, central bank, us dollar (balance of) rising or falling in Gulf Cooperation Council (GCC)?
- Over the last ten years it is up 55.0%. The long-run trend across the full record is rising.
- Where does this Gulf Cooperation Council (GCC) data come from?
- The figures come from International Monetary Fund, published as part of Gross international reserves, Central bank, US dollar (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.