Foreign exchange reserves excluding gold reached 496 USD bil in 2017 in Saudi Arabia, according to the National Statistical Office. This is 7.35 % less than in the previous year.
Historically, foreign exchange reserves excluding gold in Saudi Arabia reached an all time high of 732 USD bil in 2014 and an all time low of 0.167 USD bil in 1960. When compared to Saudi Arabia's main peers, foreign exchange reserves excluding gold in Iraq amounted to 45.6 USD bil and 95.1 USD bil in United Arab Emirates in 2017.
Saudi Arabia has been ranked 4th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 1 places above the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.