Gold continues to strengthen its role as a key reserve asset for central banks worldwide, driven by geopolitical uncertainty, inflationary pressures, and growing doubts over currency stability. While major global powers dominate gold holdings, Arab countries show varied levels of reserves reflecting their financial strategies.
Within the Arab world, Tunisia ranks near the bottom in terms of gold holdings. According to available data, Tunisia’s central bank holds around 6.8 tons of gold, valued at approximately $1.09 billion. Although modest compared to regional peers, gold remains an important component of Tunisia’s foreign reserve structure, contributing to monetary stability during challenging economic conditions.
Regionally, Saudi Arabia leads Arab gold holdings with more than 321 tons, followed by Lebanon, Algeria, and Libya. Other North African countries, including Morocco, hold significantly higher reserves than Tunisia.
Globally, the United States remains the world’s largest gold holder with over 8,100 tons, followed by Germany, Italy, France, and Russia. Against this backdrop, Tunisia’s limited gold reserves highlight the country’s constrained financial space, underscoring the importance of broader economic reforms and diversified reserve management to strengthen financial resilience in the years ahead.
