$52 billion in reserves
of gold and foreign currencies

Central Bank publishes end-of-year figures

The Central Bank (BDL) ended 2025 with gold and foreign currency holdings at record levels, reflecting a combination of higher global gold prices and a continued buildup of reserve assets, according to figures from the bank’s latest balance sheet.

BDL’s ‘Foreign Reserve Assets’ (recently renamed from ‘Foreign Assets’) rose to $11.89 billion at the end of 2025, up from $10.1 billion at end of 2024. This marks the highest level since reserves fell to their lowest point during the financial crisis, underscoring a gradual recovery in the central bank’s external position.

Gold reserves’ value surged to an all-time high of $40.4 billion at end-2025, compared with $24.1 billion a year earlier. The sharp rise was driven solely by gains in international gold prices.

On the liability side of the balance sheet, ‘Currency in Circulation outside BDL’ reached the equivalent of $800 million at the end of 2025, representing a nine percent increase compared with end of 2024.

Deposits of the financial sector at BDL declined during the year, falling by L$2.2 billion to L$83.1 billion at end-2025 (L$ = lollar).

Public sector deposits at BDL increased, totaling the equivalent of $8.62 billion at the end of 2025, up from $5.96 billion at end-2024.