Montenegro vs Rwanda: Total reserves minus gold

Montenegro
2.20 billion current US$
in 2025
Rwanda
1.96 billion current US$
in 2025
Montenegro rank
126th
Rwanda rank
128th

Total reserves minus gold over time

  • Montenegro
  • Rwanda
0500.0M1.0B1.5B2.0B2.5B196419942025

How they compare

Montenegro currently reports 2.20 billion current US$ against 1.96 billion current US$ in Rwanda, a difference of 233.71 million current US$.

That makes Montenegro's figure about 1.1 times Rwanda's.

The two have swapped places 3 times across 19 shared years of data; in 2007 it was Rwanda ahead.

Montenegro ranks 126th and Rwanda ranks 128th of 181 countries.

Across the 3 decades both report, Montenegro averaged higher in 1 and Rwanda in 2.

Head to head by decade

Decade Montenegro Rwanda Difference Ahead
2000s 565.71 million current US$ 854.38 million current US$ 288.67 million current US$ Rwanda
2010s 787.74 million current US$ 952.81 million current US$ 165.06 million current US$ Rwanda
2020s 1.94 billion current US$ 1.92 billion current US$ 25.52 million current US$ Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves minus gold, Montenegro or Rwanda?
Montenegro, at 2.20 billion current US$ against 1.96 billion current US$ in Rwanda as of 2025.
What is the difference in total reserves minus gold between Montenegro and Rwanda?
233.71 million current US$, with Montenegro ahead.
How many years of comparable data are there for Montenegro and Rwanda?
19 years are reported by both, from 2007 to 2025.
How do Montenegro and Rwanda rank globally for total reserves minus gold?
Montenegro ranks 126th and Rwanda ranks 128th of 181 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves minus gold (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Montenegro vs Rwanda: Total reserves minus gold. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 21 August 2026, from https://economy.statizoid.com/compare/total-reserves-minus-gold-current-us/montenegro/rwanda/

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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.