United States

Are we witnessing the decline of the dollar's global significance? Here’s what the foreign exchange reserves tell us

Dollar bills on tbale.

The share of US dollar assets in central bank reserves dropped by 12 percentage points since the euro was launched in 1999. Image: Unsplash/Sharon McCutcheon

Serkan Arslanalp
Senior Economist, Regional Studies Division of the IMF’s Asia and Pacific Department
Share:
Our Impact
The Big Picture
Explore and monitor how United States is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

United States

Have you read?
Demand for dollar by central banks.
The US dollar's share in global foreign exchange reserves fell to its lowest level in 25 years in late 2020. Image: IMF Currency Composition of Official Foreign Exchange Reserves (COFER)
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
United StatesSocial ProtectionDevelopment Finance
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

See how US inflation rates have changed since 2020

Statista

May 31, 2023

1:21

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum