World's Richest Governments 2011

I have posted this topic last year (viewtopic.php?f=40&t=30394), now it’s time to update that data to 2011. The top 10 didn’t change, only that Brazil has moved from no.10 to 6. China, who is undergoing explosive economic and industrial growth, saw the biggest increase in wealth, an astounding $800 billion. Among the top 10, 6 are Asian.

The USA might have the biggest economy, but the American government is not at all rich, in fact, it can’t even take out $150bn if asked to now without resort to borrowing. Till date the US government has borrowed $14 trillion. The UK likewise, while the country/people are perceived as rich, the government isn’t. The UK government debts stood at $9 trillion now.

We know the world’s richest man as Carlos Slim Helu of Mexico, followed by Bill Gates and Warren Buffet of USA. How about government, which countries government is the richest (having most money that is, in USD$) If you are expecting North American and European nations, you might be disappointed. While the countries look rich, wealthy European nations can’t withstood a prolonged major financial crisis, just like what happened to PIIGS (Portugal, Ireland, Italy, Greece, Spain)

Richest governments in 2011:


1. China
2011 National reserves: $3,197,000,000,000
2010 National reserves: $2,454,300,000,000
Year-to-Year increase: +30.26%


2. Japan
2011 National reserves: $1,137,809,000,000
2010 National reserves: $1,019,000,000,000
Year-to-Year increase: +11.66%

http://i31.tinypic.com/28tkork.jpg
3. Russia
2011 National reserves: $524,527,000,000
2010 National reserves: $458,020,000,000
Year-to-Year increase: +14.52%

http://i29.tinypic.com/330bmyo.jpg
4. Saudi Arabia
2011 National reserves: $506,000,000,000
2010 National reserves: $395,467,000,000
Year-to-Year increase: +27.95%


5. Taiwan
2011 National reserves: $400,290,000,000
2010 National reserves: $362,380,000,000
Year-to-Year increase: +10.46%


6. Brazil b[/b]
2011 National reserves: $335,775,000,000
2010 National reserves: $255,000,000,000
Year-to-Year increase: +31.68%


7. India b[/b]
2011 National reserves: $311,516,000,000
2010 National reserves: $279,422,000,000
Year-to-Year increase: +11.49%


8. South Korea b[/b]
2011 National reserves: $305,084,000,000
2010 National reserves: $274,220,000,000
Year-to-Year increase: +11.26%


9. Switzerland b[/b]
2011 National reserves: $288,590,000,000
2010 National reserves: $262,000,000,000
Year-to-Year increase: +10.15%


10. Hong Kong, China b[/b]
2011 National reserves: $277,206,000,000
2010 National reserves: $256,000,000,000
Year-to-Year increase: +8.28%

Countries reserves in USD$ millions

11 . Singapore / 242,287
12 . Germany / 230,879
13 . Thailand / 185,471
14 . France / 182,167
15 . Algeria / 173,300
16 . Italy / 169,558
17 . United States / 142,931
18 . Malaysia / 132,750
19 . Mexico / 131,174
20 . Indonesia / 118,109
21 . United Kingdom / 114,180
22 . Poland / 110,000
23 . Libya / 107,300
24 . Iran / 100,000
25 . Turkey / 97,598
26 . Denmark / 87,563
27 . Israel / 77,315
28 . Philippines / 68,854
29 . Canada / 64,002
30 . Iraq / 58,000
31 . Norway / 56,495
32 . United Arab Emirates / 56,000
33 . Romania / 54,738
34 . Hungary / 53,480
35 . Argentina / 51,695
36 . Sweden / 50,922
37 . Netherlands / 50,408
38 . South Africa / 50,041
39 . Peru / 46,265
40 . Czech Republic / 43,230
41 . Australia / 41,869
42 . Ukraine / 37,918
43 . Kazakhstan / 36,006
44 . Chile / 34,884
45 . Spain / 33,922
46 . Nigeria / 32,300
47 . Colombia / 30,427
48 . Venezuela / 29,490
49 . Belgium / 28,848
50 . Lebanon / 28,300
51 . Egypt / 27,812
52 . Austria / 24,804
54 . Morocco / 23,638
55 . Qatar / 23,000
53 . Kuwait / 22,420
56 . Portugal / 22,285
57 . New Zealand / 21,662
58 . Macau Macau / 18,730
59 . Pakistan / 17,790
60 . Bulgaria / 17,614
61 . Croatia / 16,276
62 . Serbia / 14,411
63 . Vietnam / 13,600
64 . Jordan / 12,495
65 . Finland / 10,866
65 . Bangladesh / 10,380
66 . Trinidad and Tobago / 9,659
67 . Bolivia / 8,739
68 . Uruguay / 8,733
69 . Latvia / 7,861
70 . Tunisia / 7,804
71 . Iceland / 7,230
72 . Lithuania / 7,092
73 . Greece / 6,839
74 . Guatemala / 6,417
75 . Azerbaijan / 6,330
76 . Sri Lanka / 5,630
77 . Costa Rica / 4,650
78 . Dominican Republic / 4,397
79 . Belarus / 4,151
80 . Paraguay / 4,082
81 . Cambodia / 3,840
82 . Myanmar / 3,762
83 . El Salvador / 3,323
84 . Honduras / 3,036
85 . Georgia / 2,759
86 . Slovakia / 2,409
87 . Republic of Ireland Ireland / 2,108
88 . Kyrgyzstan / 1,909
89 . Moldova / 1,901
90 . Nicaragua / 1,786
91 . Armenia / 1,708
92 . Cyprus / 1,235
93 . Slovenia / 1,081
94 . Luxembourg / 1,032
95 . Malta / 595
96 . Laos / 576
97 . Estonia / 226

Interesting to see US and Malaysia is just a rank apart.

just never thought that malaysia can rank 18… i tot lower~

where is our neighbor Brunei?

i think thats because a lot of the government money does not STAY in the government treasury…(if you dig my meaning)

maybe thats why…

Brunei is not a transparent country, there is confusion between the country’s wealth and well… someone’s wealth. The country does not regularly report its reserves and still has not done so for this year, but its reserves is estimated to be $20-25 billion.