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Below is a list of the largest gold reserves by country as of March 2016. The largest holders of gold are 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, tonnes
3/2016
Total Foreign Reserves
in Gold (%)
Gold, tonnes
3/2015
Total Foreign Reserves
in Gold (%)
1 United States 8 133.5 73.3% 8,133.5 74.00%
2 Germany 3 381.0 67.4% 3,384.2 68.70%
3 IMF 2 814.0 - 2,814.0 -
4 Italy 2 451.8 65.2% 2,451.8 67.70%
5 France 2 435.6 60.7% 2,435.4 66.80%
6 China 1 778.5 1.9% 1,054.1 1.10%
7 Russia 1 435.9 13.8% 1,207.7 13.00%
8 Switzerland 1 040.0 6.2% 1,040.0 7.70%
9 Japan 765.2 2.2% 765.2 2.50%
10 Netherlands 612.5 55.5% 612.5 57.20%
11 India 557.7 5.6% 557.7 6.90%
12 Turkey 516.7 16.6% 514.9 16.00%
13 ECB (European Central Bank) 504.8 25.4% 504.8 27.60%
14 Taiwan 423.3 3.4% 423.6 4.10%
15 Portugal 382.5 68.6% 382.5 72.80%
16 Venezuela 361.0 66.8% 367.6 70.20%
17 Saudi Arabia 322.9 1.8% 322.9 1.80%
18 United Kingdom 310.3 8.3% 310.3 11.30%
19 Lebanon 286.8 20.9% 286.8 22.70%
20 Spain 281.6 18.4% 281.6 22.40%
21 Austria 280.0 44.0% 280 43.70%
22 Belgium 227.4 33.4% 227.4 36.20%
23 Kazakhstan 223.0 29.5% 193.4 27.00%
24 Philippines 195.9 8.6% 195.3 9.90%
25 Algeria 173.6 4.1% 173.6 3.70%
26 Thailand 152.4 3.4% 152.4 4.00%
27 Singapore 127.4 1.8% 127.4 2.00%
28 Sweden 125.7 7.7% 125.7 8.30%
29 South Africa 125.2 9.9% 125.2 10.70%
30 Mexico 121.4 2.5% 122.6 2.50%
31 Libya 116.6 5.3% 116.6 4.80%
32 Greece 112.7 65.4% 112.5 71.30%
33 BIS (Bank for International Settlements) 108.0 - 111.0 -
34 Korea 104.4 1.0% 104.4 1.20%
35 Romania 103.7 9.7% 103.7 10.80%
36 Poland 102.9 3.9% 102.9 4.20%
37 Iraq 89.8 5.9% 89.8 5.50%
38 Australia 79.9 6.5% 79.9 6.00%
39 Kuwait 79.0 9.0% 79.0 9.20%
40 Indonesia 78.1 2.7% 78.1 2.80%
41 Egypt 75.6 16.9% 75.6 19.70%
42 Brazil 67.2 0.7% 67.2 0.80%
43 Denmark 66.5 3.6% 66.5 3.60%
44 Pakistan 64.5 12.0% 64.5 18.10%
45 Argentina 61.7 7.3% 61.7 8.00%
46 Finland 49.1 18.0% 49.1 18.60%
47 Belarus 42.9 38.1% 41.5 35.60%
48 Bolivia 42.5 11.9% 42.5 11.40%
49 Jordan 41.4 9.0% 17.1 4.30%
50 Bulgaria 40.2 6.7% 40.1 9.20%
51 Malaysia 38.6 1.4% 35.8 1.30%
52 WAEMU * 36.5 11.1% 36.5 11.50%
53 Peru 34.7 2.0% 34.7 2.20%
54 Slovakia 31.7 39.2% 31.7 32.20%
55 Azerbaijan 30.2 16.0% 30.2 8.20%
56 Ukraine 27.4 7.3% 23.9 15.10%
57 Syria 25.8 5.2% 25.8 5.90%
58 Sri Lanka 22.1 12.3% 23.2 11.20%
59 Morocco 22.0 3.4% 22.0 4.40%
60 Afghanistan 21.9 10.9% 21.9 11.70%
61 Nigeria 21.4 2.4% 21.4 1.80%

Source: World Gold Council.  * West African Economic Monetary Union including the central bank.