plate 003 · end-2025 data

Central banks now hold more gold than Treasuries or euros

Share of global official reserves at end-2025 (bar) and end-2024 (marker).

Trade and money rewired
  1. 1. Mexico, not China, now sells America the most goods
  2. 2. China's ASEAN trade is now almost double its US trade
  3. 3. Central banks now hold more gold than Treasuries or euros
  4. 4. China now pays the world mostly in yuan
  5. 5. Migrants now send home four times all foreign aid
  6. 6. Tether now holds more US Treasuries than the UAE
  7. 7. Developing countries' interest bill has nearly tripled since 2010
  8. 8. America's duty-free parcels grew almost tenfold in nine years
  9. 9. Poles edge past the Japanese in income per person
  10. 10. In dollars, Nigeria's economy has more than halved since 2014
  11. 11. Argentina's monthly inflation fell from 25.5% to 1.9%
  12. 12. Guyana now produces more per person than America
  13. 13. Mexico's factories now outproduce Britain's and France's
  14. 14. Ukraine received four times the aid of any other country
  15. 15. The UAE sold more goods abroad than France in 2025
  16. 16. Singapore now draws twice as much foreign investment as China
  17. 17. The EU now buys more US gas than Russian gas
  18. 18. Malaysia again sells more to America than to China
  19. 19. 22 governments now owe more than a year's national output
  20. 20. Brazil mines 93% of the world's niobium
  21. 21. More Vietnamese now work in industry than on farms
  22. 22. Money sent home to Guatemala nearly quadrupled in ten years
  23. 23. In purchasing power, Russia's economy is now bigger than Japan's
  24. 24. Indonesia set to use more palm oil than it exports
  25. 25. Factories now make more of Cambodia's economy than China's
27%

Gold made up 27% of the world's official reserves at end-2025, up from 20% a year earlier. Treasuries fell from 25% to 22%.

1,000+ tonnes

Central banks bought over 1,000 t of gold a year in 2022, 2023 and 2024, twice the 2010–21 average.

From sellers to buyers

In the 2000s central banks sold 4,426 t of gold. They have been net buyers every year since 2010.

Source: ECB, The international role of the euro (June 2026); World Gold Council, Gold Demand Trends, end-2025
the numbers & method
Central banks now hold more gold than Treasuries or euros. Source: ECB, The international role of the euro (June 2026); World Gold Council, Gold Demand Trends, end-2025.
end-2025 (%)end-2024 (%)
Gold2720
US Treasuries2225
Euro1515

Claim types Fact

Reserve shares at market prices as reported by Reuters from the ECB report; the ECB report itself could not be accessed directly. Corrected 3 Nov 2026: title shortened to 10 words or fewer; no change to the data.

Published 16 Sep 2026

license this plate

what connects to this

013 new routes Six of the world's ten busiest ports are in China 153 power shift India now holds more foreign reserves than Saudi Arabia 088 new routes Only America draws more new foreign projects than the UAE