Denmark vs Italy: Total reserves minus gold

Denmark
118.41 billion current US$
in 2025
Italy
89.71 billion current US$
in 2025
Denmark rank
22nd
Italy rank
25th

Total reserves minus gold over time

  • Denmark
  • Italy
025.0B50.0B75.0B100.0B125.0B196019922025

How they compare

Denmark currently reports 118.41 billion current US$ against 89.71 billion current US$ in Italy, a difference of 28.71 billion current US$.

That makes Denmark's figure about 1.3 times Italy's.

The two have swapped places 3 times across 66 shared years of data; in 1960 it was Italy ahead.

Denmark ranks 22nd and Italy ranks 25th of 181 countries.

Across the 7 decades both report, Denmark averaged higher in 3 and Italy in 4.

Head to head by decade

Decade Denmark Italy Difference Ahead
1960s 354.77 million current US$ 1.99 billion current US$ 1.64 billion current US$ Italy
1970s 1.36 billion current US$ 5.74 billion current US$ 4.38 billion current US$ Italy
1980s 5.25 billion current US$ 24.55 billion current US$ 19.30 billion current US$ Italy
1990s 13.02 billion current US$ 38.80 billion current US$ 25.77 billion current US$ Italy
2000s 34.53 billion current US$ 29.92 billion current US$ 4.61 billion current US$ Denmark
2010s 72.92 billion current US$ 49.33 billion current US$ 23.59 billion current US$ Denmark
2020s 94.25 billion current US$ 81.12 billion current US$ 13.13 billion current US$ Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves minus gold, Denmark or Italy?
Denmark, at 118.41 billion current US$ against 89.71 billion current US$ in Italy as of 2025.
What is the difference in total reserves minus gold between Denmark and Italy?
28.71 billion current US$, with Denmark ahead.
How many years of comparable data are there for Denmark and Italy?
66 years are reported by both, from 1960 to 2025.
How do Denmark and Italy rank globally for total reserves minus gold?
Denmark ranks 22nd and Italy ranks 25th of 181 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves minus gold (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Italy: Total reserves minus gold. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 19 August 2026, from https://economy.statizoid.com/compare/total-reserves-minus-gold-current-us/denmark/italy/

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About this data

Indicator
Total reserves minus gold (current US$)
Unit
current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
182 places, 9,490 data points, 1960–2025
Last refreshed

This series includes external assets (excluding monetary gold) that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.