United Kingdom: Foreign exchange reserves

* indicates monthly or quarterly data series
The most recent value is 219.12 billion U.S. Dollar as of December 2024, a decline compared to the previous value of 222.8 billion U.S. Dollar. Historically, the average for the United Kingdom from July 1999 to December 2024 is 127.93 billion U.S. Dollar. The minimum of 42.13 billion U.S. Dollar was recorded in August 1999, while the maximum of 239.19 billion U.S. Dollar was reached in December 2021. Click on the following link to see the values of: Foreign exchange reserves around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion U.S. Dollar
  • Source: Bank of England

Recent values United Kingdom: Foreign exchange reserves, billion currency units
2024  Dec 219.12
2024  Nov 222.8
2024  Oct 221.66
2024  Sep 226.85
2024  Aug 228.59
2024  Jul 222.26
2024  Jun 212.9
2024  May 213.71


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest Reference Measure
 Terms of trade 95.19 2021 percent
 Trade openness 63.88 2023 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 32.17 2023 percent
 Exports, billion dollars 1,070.47 2023 billion U.S. dollars
 Growth of exports -0.51 2023 percent
 Imports, percent of GDP 33.41 2023 percent
 Imports, billion dollars 1,089.18 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -1.44 2023 percent
 Foreign Direct Investment, billion dollars -89.44 2023 billion U.S. dollars
 Portfolio investment inflows, equities -21,203.93 2023 million dollars (current)
 Current account, percent of GDP -3.30 2023 percent
 Current account, in dollars -66.45 2023 billion U.S. dollars
 Trade balance, percent of GDP -1.24 2023 percent
 Trade balance, in dollars -18.84 2023 billion U.S. dollars
 Reserves 177.92 2023 billion U.S. dollars
 Remittances, percent of GDP 0.12 2023 percent
 Remittances 3,933.15 2023 million U.S. dollars
 Net errors and omissions 13,038.76 2023 million USD
 Foreign exchange reserves 219.12 12/2024 billion
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