Below is a list of the top 50 countries with the largest gold reserves as of January 30, 2018. The largest holders of gold are the central banks, international organizations and governments. The United States has the largest gold reserves in the world. Germany and China hold the largest gold reserves in Europe and Asia, respectively. The International Monetary Fund (IMF) is the third-largest holder of gold, with 2,814 tonnes (90.5 million troy ounces).
| Rank | Country | Gold holdings, 01/2018 (tonnes) |
Gold's share of foreign reserves |
| 1 | United States | 8,133.5 | 74.9% |
| 2 | Germany | 3,373.6 | 68.9% |
| 3 | IMF | 2,814.0 | |
| 4 | Italy | 2,451.8 | 67.3% |
| 5 | France | 2,435.9 | 64.9% |
| 6 | China | 1,842.6 | 2.3% |
| 7 | Russia | 1,828.6 | 17.3% |
| 8 | Switzerland | 1,040.0 | 5.3% |
| 9 | Japan | 765.22 | 2.5% |
| 10 | Netherlands | 612.45 | 66.3% |
| 11 | India | 557.79 | 5.7% |
| 12 | Turkey | 525.79 | 18.3% |
| 13 | ECB (European Central Bank) | 504.77 | -7.5% |
| 14 | Taiwan | 423.63 | 3.7% |
| 15 | Portugal | 382.51 | 63.7% |
| 16 | Saudi Arabia | 322.90 | 2.6% |
| 17 | United Kingdom | 310.29 | 8.5% |
| 18 | Kazakhstan | 295.66 | 37.5% |
| 19 | Lebanon | 286.83 | 20.5% |
| 20 | Spain | 281.58 | 17.0% |
| 21 | Austria | 279.99 | 54.1% |
| 22 | Belgium | 227.40 | 36.3% |
| 23 | Philippines | 196.36 | 9.9% |
| 24 | Venezuela | 187.57 | 76.5% |
| 25 | Algeria | 173.64 | 6.4% |
| 26 | Thailand | 152.41 | 3.1% |
| 27 | Singapore | 127.40 | 1.9% |
| 28 | Sweden | 125.72 | 8.4% |
| 29 | South Africa | 125.28 | 10.9% |
| 30 | Mexico | 120.31 | 2.8% |
| 31 | Libya | 116.64 | 6.2% |
| 32 | Greece | 112.90 | 60.2% |
| 33 | Korea | 104.40 | 1.1% |
| 34 | Romania | 103.70 | 9.7% |
| 35 | BIS (Bank for International Settlements) | 103.00 | |
| 36 | Poland | 102.97 | 3.8% |
| 37 | Iraq | 89.82 | 7.9% |
| 38 | Indonesia | 80.56 | 2.5% |
| 39 | Australia | 79.85 | 5.4% |
| 40 | Kuwait | 78.96 | 9.1% |
| 41 | Egypt | 76.29 | 8.7% |
| 42 | Brazil | 67.29 | 0.7% |
| 43 | Denmark | 66.55 | 3.7% |
| 44 | Pakistan | 64.56 | 14.6% |
| 45 | Argentina | 56.12 | 5.0% |
| 46 | Finland | 49.14 | 19.3% |
| 47 | Belarus | 46.49 | 25.7% |
| 48 | Jordan | 43.54 | 12.1% |
| 49 | Bolivia | 42.51 | 17.2% |
| 50 | Bulgaria | 40.37 | 6.4% |
Source: World Gold Council
Last Updated: February 10, 2018