A new report from the World Bank provides a detailed overview of global reserve management practices, based on survey responses from 136 central banks. This is the highest level of participation since the survey began. The 5th Biennial Reserve Management Survey Report 2025 was developed by the World Bank Treasury’s Reserve Advisory & Management Partnership (RAMP) and highlights how central banks manage national reserves, address financial risks, and adapt to changing global conditions.
The report covers a range of topics including governance, institutional frameworks, investment strategies, and capacity development in reserve management. These findings help set benchmarks for global reserve management approaches and inform policy discussions about stability, liquidity, and resilience.
Jorge Familiar, Vice President and Treasurer of the World Bank, said: “The 2025 report offers a unique window into how central banks are preparing for the future. The breadth of participation reflects the importance central banks place on peer benchmarking and global knowledge exchange. This report helps reserve managers identify emerging practices and strengthen the foundations for resilience and transparency in public asset management.”
The survey builds on more than ten years of collaboration between the World Bank Treasury and official-sector institutions through RAMP. This partnership supports over 90 members—including central banks—by sharing data and analysis on trends in reserve management. The goal is to enhance transparency, governance, and capacity in managing public assets worldwide.
Pablo Saavedra, World Bank Vice President for the Prosperity vertical, stated: “Sound foreign exchange reserves management is a critical aspect of macroeconomic and financial stability. As global conditions evolve, effective reserve management helps countries foster market confidence and enables flexibility to react to external shocks.”
Since its introduction in 2018, the Reserve Management Survey Report has become an important reference for official reserve practices globally. It also supports RAMP’s broader mission to promote knowledge sharing, peer learning, and technical assistance that enable countries to manage public assets more effectively.
RAMP provides advisory services, executive training programs, and asset management support within a network of nearly 100 public asset management institutions managing over $2 trillion in assets collectively. Since its founding in 2001, RAMP has advised more than 100 public institutions and trained over 10,000 staff members on best practices in public asset management.
For further information about RAMP’s work with public asset managers worldwide visit ramp.worldbank.org.