In 2021, Libya was the African country with the largest foreign exchange reserves, amounting to around 80 billion U.S. dollars. South Africa and Algeria followed, with international reserves adding up to approximately 50 billion and 46 billion U.S. dollars, respectively.
Foreign exchange reserves in Africa as of 2021, by country
(in billion U.S. dollars)
Characteristic
Value of reserves in billion U.S. dollars
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Afreximbank. (June 30, 2022). Foreign exchange reserves in Africa as of 2021, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1351876/foreign-exchange-reserves-in-africa-by-country/
Afreximbank. "Foreign exchange reserves in Africa as of 2021, by country (in billion U.S. dollars)." Chart. June 30, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1351876/foreign-exchange-reserves-in-africa-by-country/
Afreximbank. (2022). Foreign exchange reserves in Africa as of 2021, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1351876/foreign-exchange-reserves-in-africa-by-country/
Afreximbank. "Foreign Exchange Reserves in Africa as of 2021, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1351876/foreign-exchange-reserves-in-africa-by-country/
Afreximbank, Foreign exchange reserves in Africa as of 2021, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1351876/foreign-exchange-reserves-in-africa-by-country/ (last visited August 24, 2024)
Foreign exchange reserves in Africa as of 2021, by country (in billion U.S. dollars) [Graph], Afreximbank, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1351876/foreign-exchange-reserves-in-africa-by-country/