Bulgaria 47th in Global Gold Reserve Holders Ranking

Business | August 23, 2012, Thursday // 12:30
Bulgaria: Bulgaria 47th in Global Gold Reserve Holders Ranking Bulgaria ranks 47th in a global ranking of gold reserve holders by August 2012. File photo

Bulgaria ranks 47th in a global ranking by gold reserves by August 2012.

Bulgaria has 39.9 tons of gold which account for 11.7% of the country's total reserves, according to recent data of the World Gold Council.

In end-2011, Bulgaria ranked 45th with 39.9 tons of gold which accounted for 11.8% of the total reserves.

The United States has the largest gold reserves in the world, with 8133 tons of gold which make up 75.1% of its total reserves.

Germany ranks second with 3395 tons and the International Monetary Fund (IMF) is third with 2914 tons.

Italy ranks fourth with 2451 tons of gold, France is fifth with 2435 tons, then comes China with 1054 tons, Switzerland with 1040 tons, Russia with 918 tons and Japan with 765 tons.

The Netherlands comes at the bottom of the top ten with 612 tons of gold reserves which account for 60.2% of its total reserves.

Out of the ten countries holding the largest gold reserves, Japan has the smallest share of gold as compared to its total reserves, at 3.1%.

A total of 35 countries have gold reserves of over 100 tons, including Romania, which ranks 33rd with 103.7 tons.

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Tags: gold reserves, Bulgaria
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