As of March 2023, China's central bank, People's Bank of China (PBOC), led the ranking of the largest central banks worldwide based on international reserve assets. PBOC reported 3.37 trillion U.S. dollars worth of reserve assets, underscoring the country's economic strength and its role in global finance. Bank of Japan ranked second, with roughly 1.26 trillion U.S. dollars worth of assets on its balance sheet. International reserves are vital for financial stability, exchange rate management, and meeting international obligations.
Largest central banks worldwide as of March 2023, by international reserve assets
(in billion U.S. dollars)
Characteristic
Reserve assets in billion dollars
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The source adds the following information: Where figures were not recorded in dollars, conversion rates between the reporting currency and dollars of the month in which the latest observation was published were used.
Central bank reserves include foreign exchange, gold, IMF position, and special drawing right holdings.
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Official Monetary and Financial Institutions Forum. (June 26, 2023). Largest central banks worldwide as of March 2023, by international reserve assets (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1413719/largest-central-banks-by-international-reserve-assets/
Official Monetary and Financial Institutions Forum. "Largest central banks worldwide as of March 2023, by international reserve assets (in billion U.S. dollars)." Chart. June 26, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1413719/largest-central-banks-by-international-reserve-assets/
Official Monetary and Financial Institutions Forum. (2023). Largest central banks worldwide as of March 2023, by international reserve assets (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1413719/largest-central-banks-by-international-reserve-assets/
Official Monetary and Financial Institutions Forum. "Largest Central Banks Worldwide as of March 2023, by International Reserve Assets (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jun 2023, https://www.statista.com/statistics/1413719/largest-central-banks-by-international-reserve-assets/
Official Monetary and Financial Institutions Forum, Largest central banks worldwide as of March 2023, by international reserve assets (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1413719/largest-central-banks-by-international-reserve-assets/ (last visited July 22, 2024)
Largest central banks worldwide as of March 2023, by international reserve assets (in billion U.S. dollars) [Graph], Official Monetary and Financial Institutions Forum, June 26, 2023. [Online]. Available: https://www.statista.com/statistics/1413719/largest-central-banks-by-international-reserve-assets/