The total assets of the Bank of England increased significantly between 2006 and 2023, with particularly sharp increases in 2021 and 2022. This was due to the quantitative easing that was initiated as a response to the COVID-19 pandemic. In 2023, the total assets of the central bank decreased slightly but remained above one trillion British pounds. In Europe, the largest central bank in terms of total assets is the Deutsche Bundesbank, which held almost three trillion euros at the end of 2022. The Bank of England ranked fourth.
Total assets of the Bank of England from 2006 to 2023
(in billion GBP)
Characteristic
Assets in billion British pounds
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Bank of England. (June 23, 2023). Total assets of the Bank of England from 2006 to 2023 (in billion GBP) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1440068/bank-of-england-total-assets/
Bank of England. "Total assets of the Bank of England from 2006 to 2023 (in billion GBP)." Chart. June 23, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1440068/bank-of-england-total-assets/
Bank of England. (2023). Total assets of the Bank of England from 2006 to 2023 (in billion GBP). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1440068/bank-of-england-total-assets/
Bank of England. "Total Assets of The Bank of England from 2006 to 2023 (in Billion Gbp)." Statista, Statista Inc., 23 Jun 2023, https://www.statista.com/statistics/1440068/bank-of-england-total-assets/
Bank of England, Total assets of the Bank of England from 2006 to 2023 (in billion GBP) Statista, https://www.statista.com/statistics/1440068/bank-of-england-total-assets/ (last visited August 25, 2024)
Total assets of the Bank of England from 2006 to 2023 (in billion GBP) [Graph], Bank of England, June 23, 2023. [Online]. Available: https://www.statista.com/statistics/1440068/bank-of-england-total-assets/