10 countries that saw biggest decline in gold stockpile

Although there has been a sharp increase in gold buying in recent years all across the world, there are some countries that have witnessed a decline in stockpile.

Let's take a look at nations that saw biggest drop in gold stockpiles.

Source: Bloomberg Visual Data

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Switzerland

Change from December 1993 to June 2013: Minus 1,550.1 metric tonnes

Central bank gold reserves in June 2013: 1,040.1 metric tonnes

Central bank gold reserves in December 1993: 2,590.2 metric tonnes

Rank in gold reserves in June 2013: 6

Rank in biggest decline in stockpile in June 2013: 1

Switzerland, which has a per capita income of $45,999, saw its stockpile of gold decline the most in the globe.

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Belgium

Change from December 1993 to June 2013: Minus 551.5 metric tonnes

Central bank gold reserves in June 2013: 227.4 metric tonnes

Central bank gold reserves in December 1993: 778.9 metric tonnes

Rank in gold reserves in June 2013: 19

Rank in biggest decline in stockpile in June 2013: 2

Belgium, which has a per capita income of $37,883, saw its stockpile of gold decline 551.5 metric tonnes.

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The Netherlands

Change from December 1993 to June 2013: Minus 477.7 metric tonnes

Central bank gold reserves in June 2013: 612.5 metric tonnes

Central bank gold reserves in December 1993: 1,090.1 metric tonnes

Rank in gold reserves in June 2013: 9

Rank in biggest decline in stockpile in June 2013: 3

The Netherlands, which has a per capita income of $41,447, saw its stockpile of gold decline 477.7 metric tonnes.

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Austria

Change from December 1993 to June 2013: Minus 298.7 metric tonnes

Central bank gold reserves in June 2013: 280.0 metric tonnes

Central bank gold reserves in December 1993: 578.6 metric tonnes

Rank in gold reserves in June 2013: 18

Rank in biggest decline in stockpile in June 2013: 4

Austria, which has a per capita income of $42,408, saw its stockpile of gold decline 298.7 metric tonnes.

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United Kingdom

Change from December 1993 to June 2013: Minus 263.4 metric tonnes

Central bank gold reserves in June 2013: 310.3 metric tonnes

Central bank gold reserves in December 1993: 573.7 metric tonnes

Rank in gold reserves in June 2013: 15

Rank in biggest decline in stockpile in June 2013: 5

United Kingdom, which has a per capita income of $37,299, saw its stockpile of gold decline 263.4 metric tonnes.

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Spain

Change from December 1993 to June 2013: Minus 204.2 metric tonnes

Central bank gold reserves in June 2013: 281.6 metric tonnes

Central bank gold reserves in December 1993: 485.8 metric tonnes

Rank in gold reserves in June 2013: 17

Rank in biggest decline in stockpile in June 2013: 6

Spain, which has a per capita income of $29,409, saw its stockpile of gold decline 204.2 metric tonnes.

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Canada

Change from December 1993 to June 2013: Minus 185.1 metric tonnes

Central bank gold reserves in June 2013: 3.2 metric tonnes

Central bank gold reserves in December 1993: 188.3 metric tonnes

Rank in gold reserves in June 2013: 65

Rank in biggest decline in stockpile in June 2013: 7

Canada, which has a per capita income of $43,146, saw its stockpile of gold decline 185.1 metric tonnes.

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Australia

Change from December 1993 to June 2013: Minus 165.9 metric tonnes

Central bank gold reserves in June 2013: 79.9 metric tonnes

Central bank gold reserves in December 1993: 245.7 metric tonnes

Rank in gold reserves in June 2013: 32

Rank in biggest decline in stockpile in June 2013: 8

Australia, which has a per capita income of $43,042, saw its stockpile of gold decline 165.9 metric tonnes.

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Portugal

Change from December 1993 to June 2013: Minus 117.2 metric tonnes

Central bank gold reserves in June 2013: 382.5 metric tonnes

Central bank gold reserves in December 1993: 499.6 metric tonnes

Rank in gold reserves in June 2013: 12

Rank in biggest decline in stockpile in June 2013: 9

Portugal, which has a per capita income of $22,930, saw its stockpile of gold decline 117.2 metric tonnes.

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France

Change from December 1993 to June 2013: Minus 110.5 metric tonnes

Central bank gold reserves in June 2013: 2,435.4 metric tonnes

Central bank gold reserves in December 1993: 2,545.9 metric tonnes

Rank in gold reserves in June 2013: 4

Rank in biggest decline in stockpile in June 2013: 10

France, which has a per capita income of $35,680, saw its stockpile of gold decline 110.5 metric tonnes.