Foreign exchange reserves excluding gold reached 3.26 USD bil in 2016 in Venezuela, according to the National Statistical Office. This is 7.58 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Venezuela reached an all time high of 33.1 USD bil in 2008 and an all time low of 0.179 USD bil in 1961. When compared to Venezuela's main peers, foreign exchange reserves excluding gold in Brazil amounted to 363 USD bil, 46.0 USD bil in Colombia, 0.581 USD bil in Guyana and 9.92 USD bil in Trinidad and Tobago in 2016.
Venezuela has been ranked 94th within the group of 156 countries we follow in terms of foreign exchange reserves excluding gold, 63 places behind 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.