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How many tons of gold does Albania have?

2022-04-22 21:25:24Biznes SHKRUAR NGA REDAKSIA VOX
How many tons of gold does Albania have?
How many tons of gold does Albania have?

Official data from the Bank of Albania, included in the annual report for 2021 show that the total foreign exchange reserve of the country is fixed at 4.97 billion euros.

Monetary gold is also included in this foreign exchange reserve. However, until the end of last year, 2.5 tons of gold were in the coffers of the Bank of Albania.

But how big is this reserve compared to other countries?

The figures analyzed by the "Scan Intelligence Unit" show that Albania is among the last countries in Europe in terms of foreign exchange reserves in gold. On the old continent, only Luxembourg, Malta, Estonia, Armenia and Iceland are estimated to have foreign exchange reserves in gold smaller than Albania. For Serbia, meanwhile, gold reserves are set at around 37 tonnes, for northern Macedonia at 6.9 tonnes, and for Bosnia and Herzegovina at around 3 tonnes. The United States holds the first place globally, with foreign exchange reserves in gold hovering at around 8100 tons. Germany, meanwhile, is first in Europe and second in the world, with 3359 tonnes of gold in the Central Bank's coffers. It is followed by Italy, France, Russia and China, which close the first 5 places of the list.

Meanwhile, compared to the population, 2.5 tons of foreign exchange reserves translate into less than 1 gram per capita, or 0.89 grams.

But, how is the foreign exchange reserve of the Bank of Albania divided? Most of it, or more precisely about 66%, is expressed in Euro, 17% in dollar, 6.9% in SDR, 2.9% in AR, 2.1% in British Pound, 1.9% in Japanese Yen and 1.9% in Chinese currency. , show the official figures from the Bank of Albania, reports "Scan Intelligence Unit".

 


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