Click on the bubbles to see the indicators
JPY
USD
EUR
GBP
RMB
INR
RUB
Share of global trade
US (USD): 11.45%
Euro Area (EUR): 13.09%
UK (GBP): 3.59%
Japan (JPY): 3.26%
China (RMB): 10.87%
India (INR): 2.66%
Russia (RUB): 1.38%
financial markets index
US (USD): 0.9
Euro Area (EUR): 0.71
UK (GBP): 0.85
Japan (JPY): 0.86
China (RMB): 0.64
India (INR): 0.58
Russia (RUB): 0.44
Source: IMF Financial Markets Index
CHINN-ITO INDEX
US (USD): 2.30
Euro Area (EUR): 2.30
UK (GBP): 2.30
Japan (JPY): 2.30
China (RMB): -1.24
India (INR): -1.24
Russia (RUB): -1.24
Source: Chinn-Ito Index
S&P Long-term credit rating
US (USD): AA+
Euro Area (EUR): AAA
UK (GBP): AA
Japan (JPY): A+
China (RMB): A+
India (INR): BBB-
Russia (RUB): CC
Source: S&P Global Ratings
SHARE OF GLOBAL GDP ANCHORED TO CURRENCY
US (USD): 45.96%
Euro Area (EUR): 19.78%
UK (GBP): 3.26%
Japan (JPY): 3.70%
China (RMB): 0%
India (INR): 3.53%
Russia (RUB): 0%
Share of global GDP
US (USD): 25.19%
Euro Area (EUR): 16.88%
UK (GBP): 3.07%
Japan (JPY): 3.83%
China (RMB): 16.13%
India (INR): 3.24%
Russia (RUB): 1.83%
Source: IMF WEO October 2023
The US Treasury Department originally identified the six criteria in 2009 and now the Atlantic Council GeoEconomics Center built this new framework by identifying specific indicators to compare the selected currencies’ performance in each criterion. You can access the detailed methodology here.
A sizeable domestic economy
Importance of the economy in international trade
Size, depth, openness of the financial markets
Convertibility of the currency
Use of the currency as a currency peg or anchor currency
Stable domestic macroeconomic conditions and policies