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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

Some countries have seen a fall in gold stockpiles.

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

Customers pick their food in the 'restaurant of the future' at the Dutch University of Wageningen, eastern Netherlands. The university has opened a 'big brother' restaurant where academics and companies can study consumer behaviour by tracking diners on cameras to test their reactions to food products, packaging and restaurant design.

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

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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10 countries that saw biggest decline in gold stockpile

November 15, 2013 08:58 IST

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.