Some of the names mentioned in the list might not have the strongest militaries but these 11 countries with highest foreign reserves have a definite edge when it comes to economics and finance.
Countries all over the world are trying their best to get ahead by making their economies stronger and stronger. Perhaps the best example of that is China, which a few decades back was in complete shambles. The country wasn’t strong economically until a revolution came and turned things around for its people. Japan is also one of the major examples after being completely destroyed in the World War II.
Strong foreign reserves also contribute to a stronger GDP at times. To know more about it, don’t forget to check out our post on 10 Richest Countries in The World by GDP.
The assets owned by a country can make or break its future, which is why foreign reserve plays a vital role in the development of an economy. Here is a list of 11 countries with the highest foreign reserve.