Total reserves includes gold in Africa
Africa: Total reserves includes gold was 27.4% in 2011. ◆ Volatile
Total reserves includes gold in Africa, 1966–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in % of GDP.
Analysis
The most recent figure for total reserves includes gold in Africa is 27.4%, measured in 2011.
Compared with earlier readings it is down 7.3% on the previous year and up 60.8% over ten years.
Over the whole period, total reserves includes gold in Africa peaked at 33.7% in 2009 and was at its lowest, 5.0%, in 1966.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves includes gold in Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1966 | 5.0% | — |
| 1967 | 5.1% | +1.1% |
| 1968 | 6.7% | +32.1% |
| 1969 | 6.2% | -7.6% |
| 1970 | 6.2% | +0.5% |
| 1971 | 7.2% | +15.1% |
| 1972 | 8.1% | +12.4% |
| 1973 | 8.3% | +2.3% |
| 1974 | 12.2% | +47.4% |
| 1975 | 8.9% | -26.5% |
| 1976 | 8.5% | -4.9% |
| 1977 | 8.5% | -0.4% |
| 1978 | 7.2% | -15.5% |
| 1979 | 10.5% | +46.9% |
| 1980 | 12.7% | +20.4% |
| 1981 | 8.2% | -35.4% |
| 1982 | 7.0% | -13.8% |
| 1983 | 6.1% | -12.7% |
| 1984 | 5.1% | -17.0% |
| 1985 | 6.5% | +26.8% |
| 1986 | 6.1% | -6.3% |
| 1987 | 6.3% | +3.4% |
| 1988 | 5.2% | -16.4% |
| 1989 | 5.5% | +4.5% |
| 1990 | 6.8% | +24.4% |
| 1991 | 8.3% | +22.3% |
| 1992 | 8.6% | +3.9% |
| 1993 | 9.7% | +12.4% |
| 1994 | 11.0% | +12.8% |
| 1995 | 10.9% | -0.6% |
| 1996 | 11.4% | +4.4% |
| 1997 | 13.0% | +14.3% |
| 1998 | 13.0% | +0.2% |
| 1999 | 12.3% | -6.0% |
| 2000 | 14.5% | +18.3% |
| 2001 | 17.0% | +17.3% |
| 2002 | 18.4% | +8.1% |
| 2003 | 18.6% | +1.3% |
| 2004 | 20.6% | +10.3% |
| 2005 | 23.3% | +13.4% |
| 2006 | 27.7% | +18.7% |
| 2007 | 30.9% | +11.6% |
| 2008 | 30.2% | -2.3% |
| 2009 | 33.7% | +11.7% |
| 2010 | 29.5% | -12.5% |
| 2011 | 27.4% | -7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.8% | 5.0% | 6.7% | 4 |
| 1970s | 8.5% | 6.2% | 12.2% | 10 |
| 1980s | 6.9% | 5.1% | 12.7% | 10 |
| 1990s | 10.5% | 6.8% | 13.0% | 10 |
| 2000s | 23.5% | 14.5% | 33.7% | 10 |
| 2010s | 28.4% | 27.4% | 29.5% | 2 |
Countries ranked near Africa
More financial sector data for Africa
- Financial Markets Index 0.0586 (2020)
- Financial Markets Efficiency Index 0.0145 (2020)
- Financial Markets Depth Index 0.0853 (2020)
- Financial Markets Access Index 0.0681 (2020)
- Financial Institutions Index 0.2479 (2020)
- Financial Development Index 0.1561 (2020)
- Financial Institutions Efficiency Index 0.5125 (2020)
- Financial Institutions Depth Index 0.1313 (2020)
- Financial Institutions Access Index 0.1373 (2020)
- Rate 0.37 (2024)
Frequently asked questions
- What is total reserves includes gold in Africa?
- Total reserves includes gold in Africa was 27.4% in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest total reserves includes gold recorded in Africa?
- The highest recorded value was 33.7% in 2009.
- What is the lowest total reserves includes gold recorded in Africa?
- The lowest recorded value was 5.0% in 1966.
- How does Africa rank for total reserves includes gold?
- Africa ranks 2nd out of 6 groups with data for 2011.
- Is total reserves includes gold rising or falling in Africa?
- Over the last ten years it is up 60.8%. The long-run trend across the full record is volatile.
- Where does this Africa data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Total reserves includes gold (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices.