The top 10 countries with the largest foreign exchange reserves in 2024 are:
-
China
: $3.43 trillion
-
Japan
: $1.41 trillion
-
Switzerland
: $1.09 trillion
-
India
: $631.95 billion
-
Russia
: $634.90 billion
-
Saudi Arabia
: $461.57 billion
-
Taiwan
: $458.67 billion
-
Hong Kong
: $424.59 billion
-
South Korea
: $401.71 billion
-
Brazil
: $362.2 billion
(
Wikipedia
)
(
Global Firepower
)
(
Victor Mochere
)
.
These figures reflect the substantial financial assets held by these nations, primarily in foreign currencies, which are used to back their national currencies and stabilize their economies.