Top 12 Countries with Highest Foreign Exchange Reserves

3. Saudi Arabia
Foreign exchange reserves: $626.80 billion

Saudi Arabia boasts on its oil reservoir and the revenues coming from oil. Almost ninety-five percent of its export consists of oil and seventy percent of the total Saudi Arabia’s revenue comes from these exports.

In addition to the oil reservoirs, Saudi Arabia is also rich in natural gas reservoirs. While it stands as the fourth largest oil reservoir in the world, on the other hand it stands as the sixth largest natural gas reservoir in the world.

4. Russia
Foreign exchange reserves: $527.70 billion

Russian economy is considered as one of the largest and also one of the fastest growing economies in the world. Richness in mineral resources, especially oil and natural gas has helped Russia to reach a stable and strong economy.

In terms of GDP, Russia is the eighth largest economy and considering PPP, Russia is the sixth largest economy in the world. The Russian economy is also one of the most stable economies in the world. Starting from 1999 to 2008, the Russian economy has shown an average of seven percent annual growth.

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