Country comparison

Central Bank Total Assets by Country

Central-bank balance-sheet size — the total assets held by the Fed, ECB, BoE, BoJ, RBA, etc. — captures the cumulative effect of asset purchases (QE), lending facilities, and FX operations. It is the headline measure of how much non-conventional stimulus a central bank is providing.

Why compare Central Bank Total Assets across countries?

Balance-sheet growth (QE) is structurally currency-weakening via the dilution channel; balance-sheet shrinkage (QT) tightens financial conditions and is supportive. The pace of QT, and shifts in its expected end date, can move the currency on the margin even when the policy rate is on hold.

How to read the country list

Track the absolute level and the rate of change. Compare across central banks to see who is still expanding and who is unwinding. BoJ holdings of JGBs, in particular, have been a major JPY driver throughout the YCC era and its exit.

Supported countries

Filter by country, currency, source, cadence, or unit.

Country / Currency Frequency Unit Source History Links
Australia
AUD / Australian Dollar
Monthly AUD mn RBA History from 2013-07-03 (13.0 years)
Switzerland
CHF / Swiss Franc
Monthly CHF mn SNB History from 2010-01-31 (16.4 years)
Japan
JPY / Japanese Yen
Weekly JPY tn Bank of Japan History from 2000-01-31 (26.4 years)
United States
USD / US Dollar
Weekly USD tn Federal Reserve History from 2002-12-18 (23.5 years)