Foreign Relations of the United States, 1961–1963, Volumes VII, VIII, IX, Arms Control; National Security Policy; Foreign Economic Policy, Microfiche Supplement

357. Table, February 4¹

February 4, 1963

OFFICIAL GOLD AND DOLLAR HOLDINGS OF SELECTED COUNTRIES IN RELATION TO THEIR FOREIGN TRADE AND THEIR TOTAL PAYMENT OBLIGATIONS IN 1961
(In Billions of Dollars)

	Official Holdings (As of 9/30/62)					Total Gold and Dollar Holdings
Country	Gold	Dollars*	Total*	Total Foreign Trade (1961)	Total Outpayments *** (1961)	As Percent of Total Foreign Trade	As Percent of Total Outpayments
Belgium	1.3	.1	1.4	8.1	4.4	17.3	31.8
France	2.5	.9	3.4	13.7	6.9**	24.8	49.3
Germany	3.7	2.6	6.3	23.8	17.5	26.5	36.0
Italy	2.2	1.1	3.3	9.5	6.2	34.7	53.2
Netherlands	1.6	.1	1.7	9.6	6.0	17.7	28.3
Switzerland	2.5	.3	2.8	4.7	3.5**	59.6	80.0
U.K.	2.6	.2	2.8	23.1	17.9**	12.1	15.6
U.S.	16.0		16.0	34.9	29.5	45.8	54.2

* Excludes:

(1) Private short term dollar holdings ($3.0 billion for the foreign countries shown above.)

(2) Holdings of U.S. Government Bonds and Notes ($0.5 billion)

** 1960 Data

*** Includes imports of goods and services, transfer payments, and short and long term capital out payments.

1. “Official Gold and Dollar Holdings of Selected Countries in Relation to Foreign Trade and Total Payment Obligations in 1961.” Secret. 1 p. Kennedy Library, Dillon Papers, Memos to President, 2/62–3/63, Box 8.