IMF Members' Quotas and Voting Power, and IMF Board of Governors

Last Updated: December 6, 2025

The Board of Governors, the highest decision-making body of the IMF, consists of one governor and one alternate governor for each member country. The governor is appointed by the member country and is usually the minister of finance or the governor of the central bank. All powers of the IMF are vested in the Board of Governors. The Board of Governors may delegate to the Executive Board all except certain reserved powers. The Board of Governors normally meets once a year.

The table below shows quota and voting shares for IMF members. Following the entry into force of the Board Reform Amendment on January 26, 2016, members who have consented to their quota increases can pay their quota increases under the 14th General Review of Quotas. Quota and voting shares will change as members pay their quota increases. During this process, this table will be updated regularly (see here for more details on the Quota and Governance reforms agreed in 2010.)

 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Afghanistan, Islamic Republic of323.80.07Vacant
Vacant
4,6900.09
Albania139.30.03Gent Sejko
Endrit Yzeiraj
2,8450.06
Algeria31,959.90.41Salah-Eddine Taleb
Mustapha Abderrahim
21,0510.42
Andorra382.50.02Ramon Lladós Bernaus
David Cerqueda Solé
2,2770.05
Angola740.10.16Vera Daves de Sousa
Manuel Antonio Tiago Dias
8,8530.18
Antigua and Barbuda320.00.004Gaston Browne MP
Rasona Davis-Crump
1,6520.03
Argentina33,187.30.67Luis Caputo
Santiago Bausili
33,3250.66
Armenia3128.80.03Martin Galstyan
Vacant
2,7400.05
Australia36,572.41.38Jim Chalmers, M.P.
Jenny Wilkinson, PSM
67,1761.33
Austria33,932.00.83Martin Kocher
Edeltraud Stiftinger
40,7720.81
Azerbaijan3391.70.08Sahil Babayev
Taleh Kazimov
5,3690.11


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Bahamas, The3182.40.04Philip E. Davis QC MP
John Rolle
3,2760.06
Bahrain 3395.00.08H.E.Shaikh Salman bin Khalifa Al-Khalifa
Khalid Humaidan
5,4020.11
Bangladesh31,066.60.22Salehuddin Ahmed
Ahsan H. Mansur
12,1180.24
Barbados394.50.02Mia Amor Mottley
Kevin Greenidge
2,3970.05
Belarus3681.50.14Roman Golovchenko
Yury Seliverstau
8,2670.16
Belgium36,410.71.35Pierre Wunsch
Jan Jambon
65,5591.30
Belize326.70.01John Briceno
Christopher Coye
1,7190.03
Benin3123.80.03Romuald Wadagni
Emmanuel Junior Assilamehoo
2,6900.05
Bhutan20.40.004Dasho Penjore
Yangchen Tshogyal
1,6560.03
Bolivia 3240.10.05Marcelo Montenegro
Sergio Cusicanqui
3,8530.08
Bosnia and Herzegovina265.20.06Jasmina Selimović
Dubravka Bosnjak
4,1040.08
Botswana3197.20.04Cornelius Karlens Dekop
Batane Walter Matekane
3,4240.07
Brazil311,042.02.32Fernando Haddad
Gabriel Muricca Galipolo
111,8722.22
Brunei Darussalam3301.30.06Haji Hassanal Bolkiah
Dato Dr Amin Abdullah
4,4650.09
Bulgaria3896.30.19Dimitar Radev
Metodi Metodiev
10,4150.21
Burkina Faso3120.40.03Aboubakar Nacanabo
Bruno Raymond Bamouni
2,6560.05
Burundi154.00.03Edouard Normand Bigendako
Irène Kabura Murihano
2,9920.06


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Cabo Verde323.70.005Olavo Correia
Oscar Santos
1,6890.03
Cambodia3175.00.04Serey Chea
Sannisith Sum
3,2020.06
Cameroon3276.00.06Louis Paul Motaze
Pierre Emmanuel Nkoa Ayissi
4,2120.08
Canada 311,023.92.31Francois-Philippe Champagne
Tiff Macklem
111,6912.22
Central African Republic3111.40.02Herve Ndoba
Ali Chaibou
2,5660.05
Chad3140.20.03Tahir Hamid Nguilin
Idriss Ahmed Idriss
2,8540.06
Chile31,744.30.37Rosanna Costa
Stephany Griffith-Jones
18,8950.37
China330,482.96.40Gongsheng Pan
Changneng Xuan
306,2816.08
Colombia32,044.50.43Leonardo Villar Gómez
Germán Ávila Plazas
21,8970.43
Comoros317.80.004Ibrahim Mohamed Abdourazak
Younoussa Imani
1,6300.03
Congo, Democratic Republic of the31,066.00.22André Wameso Nkualoloki
Doudou FWAMBA LIKUNDE LI-BOTAYI
12,1120.24
Congo, Republic of3162.00.03Christian Yoka
Serge Dino Daniel Gassackys
3,0720.06
Costa Rica3369.40.08Roger Madrigal
Rudolf Lucke Bolaños
5,1460.10
Côte d'Ivoire3650.40.14Adama Coulibaly
Jean-Claude Kassi BROU
7,9560.16
Croatia3717.40.15Boris Vujčić
Sandra Svaljek
8,6260.17
Cyprus3303.80.06Makis Keravnos
Christodoulos Patsalides
4,4900.09
Czechia32,180.20.46Aleš Michl
Karina Kubelkova
23,2540.46


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Denmark33,439.40.72Signe Krogstrup
Stephanie Lose
35,8460.71
Djibouti 331.80.01Ahmed Osman Ali
Isman Ibrahim Robleh
1,7700.04
Dominica311.50.002Irving McIntyre
Denise Edwards
1,5670.03
Dominican Republic3477.40.10Héctor Valdez Albizu
Clarissa de la Rocha de Torres
6,2260.12


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Ecuador3697.70.15Sariha Belen Moya Angulo
Gustavo Estuardo Camacho Dávila
8,4290.17
Egypt32,037.10.43Hassan Abdallah
Ahmed Kouchouk
21,8230.43
El Salvador3287.20.06Douglas Pablo Rodriguez Fuentes
Jerson Rogelio Posada Molina
4,3240.09
Equatorial Guinea3157.50.03Ivan Bacale Ebe Molina
Yvon Sana Bangui
3,0270.06
Eritrea15.90.003Giorgis Teklemikael
Vacant
1,6110.03
Estonia3243.60.05Madis Muller
Märten Ross
3,8880.08
Eswatini378.50.02Neal Rijkenberg
Phil Mnisi
2,2370.04
Ethiopia300.70.06Eyob Tekalign Tolina
Fikadu Digafie Huriso
4,4590.09


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Fiji, Republic of398.40.02Esrom Yosef Immanuel
Faizul Ariff Ali
2,4360.05
Finland32,410.60.51Olli Rehn
Leena Morttinen
25,5580.51
France320,155.14.23Roland Lescure
François Villeroy de Galhau
203,0034.03


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Gabon3216.00.05Henri-Claude Oyima
Louise Mvono
3,6120.07
Gambia, The362.20.01Seedy Keita
Buah Saidy
2,0740.04
Georgia3210.40.04Natela Turnava
Lasha Khutsishvili
3,5560.07
Germany326,634.45.59Joachim Nagel
Lars Klingbeil, MdB
267,7965.31
Ghana3738.00.15Johnson Pandit Asiama
Zakari Mumuni
8,8320.18
Greece32,428.90.51Kyriakos Pierrakakis
Yannis Stournaras
25,7410.51
Grenada316.40.003Dennis Cornwall
Mike Sylvester
1,6160.03
Guatemala3428.60.09Alvaro Gonzalez Ricci
Jonathan Kiril Thomas Menkos Zeissig
5,7380.11
Guinea3214.20.04Mourana Soumah
Karamo Kaba
3,5940.07
Guinea-Bissau328.40.01Ilídio Vieira Té
Soares Sambu
1,7360.03
Guyana3181.80.04Bharrat Jagdeo
Ashni Kumar Singh
3,2700.06


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Haiti3163.80.03Ronald Gabriel
Alfred Fils Metellus
3,0900.06
Honduras3249.80.05Rebeca Patricia Santos Rivera
Christian David Duarte Chavez
3,9500.08
Hungary31,940.00.41Mihály Varga
Márton Nagy
20,8520.41


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Iceland3321.80.07Ásgeir Jónsson
Hermann Saemundsson
4,6700.09
India313,114.42.75Nirmala Sitharaman
Sanjay Malhotra
132,5962.63
Indonesia34,648.40.98Perry Warjiyo
Purbaya Yudhi Sadewa
47,9360.95
Iran, Islamic Republic of33,567.10.75Mohammad Reza Farzin
Asghar Abolhasani Hastiani
37,1230.74
Iraq 1,663.80.35Ali M. Ismail
Ghufran Kadhim Neamah
18,0900.36
Ireland33,449.90.72Simon Harris T.D.
Gabriel Makhlouf
35,9510.71
Israel31,920.90.40Amir Yaron
Ilan Rom
20,6610.41
Italy315,070.03.16Giancarlo Giorgetti
Fabio Panetta
152,1523.02


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Jamaica3382.90.08Fayval Williams MP
Richard Byles
5,2810.10
Japan330,820.56.47Satsuki Katayama
Kazuo Ueda
309,6576.14
Jordan3343.10.07Abdelhakim Shibli
Adel Al-Sharkas
4,8830.10


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Kazakhstan31,158.40.24Timur Suleimenov
Dauren Maratuly Kenbeil
13,0360.26
Kenya3542.80.11John Mbadi Ng'ongo
Kamau Thugge
6,8800.14
Kiribati311.20.002Teuea Toatu
Koin Uriam Kiritione
1,5640.03
Korea38,582.71.80Yun Cheol Koo
Chang Yong Rhee
87,2791.73
Kosovo382.60.02Ahmet Ismaili
Hekuran Murati
2,2780.05
Kuwait31,933.50.41Sobeeh A. A. Almukhaizim
Basel A. Alharoon
20,7870.41
Kyrgyz Republic3177.60.04Melis Turgunbaev
Almaz Baketaev
3,2280.06


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Lao People's Democratic Republic105.80.02Bounkham Vorachit
Soulivath Souvannachoumkham
2,5100.05
Latvia3332.30.07Martins Kazaks
Baiba Bane
4,7750.09
Lebanon3633.50.13Karim Souaid
Yassine Jaber
7,7870.15
Lesotho369.80.01Dr. Adelaide Retselisitsoe Matlanyane
Emmanuel Maluke Letete
2,1500.04
Liberia258.40.05Augustine Kpehe Ngafuan
Henry F. Saamoi
4,0360.08
Libya31,573.20.33Naji Mohamed Issa Belgasem
Ali Abusalah Amreeghah
17,1840.34
Liechtenstein3100.00.02Brigitte Haas
Mario Gassner
2,4520.05
Lithuania3441.60.09Gediminas Šimkus
Kristupas Vaitiekūnas
5,8680.12
Luxembourg31,321.80.28Gilles Roth
Gaston Reinesch
14,6700.29


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Madagascar3244.40.05Herinjatovo Aimé Ramiarison
Aivo Handriatiana Andrianarivelo
3,8960.08
Malawi3138.80.03Joseph Mathyola Mwanamvekha M.P.
MacDonald Mwale
2,8400.06
Malaysia33,633.80.76Anwar Ibrahim
Abdul Rasheed Ghaffour
37,7900.75
Maldives21.20.004Ahmed Munawar
Aishath Asna Hamdi
1,6640.03
Mali3186.60.04Alousseni Sanou
Lamine Seydou Traore
3,3180.07
Malta3168.30.04Edward Scicluna
Clyde Caruana
3,1350.06
Marshall Islands34.90.001David Paul
Brenson S. Wase
1,5010.03
Mauritania3128.80.03Mohamed Lemine Dehby
Cadioro Moussa N'guenore
2,7400.05
Mauritius3142.20.03Navinchandra Ramgoolam
Priscilla Sheshma Muthoora Thakoor
2,8740.06
Mexico38,912.71.87Edgar Amador Zamora
Victoria Rodriguez Ceja
90,5791.80
Micronesia, Federated States of37.20.002Rose Nakanaga
Lorin Robert
1,5240.03
Moldova3172.50.04Anca-Dana Dragu
Petru Rotaru
3,1770.06
Mongolia372.30.02Javkhlan Bold
Lhagvasuren Byadran
2,1750.04
Montenegro360.50.01Irena Radović
Nikola Fabris
2,0570.04
Morocco3894.40.19Abdellatif Jouahri
Vacant
10,3960.21
Mozambique227.20.05Carla Alexandra Oreste do Rosario Loveira
Rogerio Lucas Zandamela
3,7240.07
Myanmar516.80.11Vacant
Vacant
6,6200.13


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Namibia3191.10.04Ericah B. Shafudah
Johannes Gawaxab
3,3630.07
Nauru32.80.001David W.R. Adeang, M.P.
John Petersen
1,4800.03
Nepal3156.90.03Biswo Nath Poudel
Dhani Ram Sharma
3,0210.06
Netherlands38,736.51.83Olaf Sleijpen
Jasper Wesseling
88,8171.76
New Zealand31,252.10.26Nicola Willis
Anna Breman
13,9730.28
Nicaragua3260.00.05Leonardo Ovidio Reyes Ramirez
Oscar Danilo Mojica Aguirre
4,0520.08
Niger3131.60.03Lamine Zeine Ali Mahaman
Boubacar Moumouni Saidou
2,7680.05
Nigeria 2,454.50.52Adebayo Olawale Edun
Olayemi Michael Cardoso
25,9970.52
North Macedonia3140.30.03Trajko Slaveski
Ana Mitreska
2,8550.06
Norway33,754.70.79Ida Wolden Bache
Lars-Henrik Myrmel-Johansen
38,9990.77


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Oman3544.40.11Ahmed J. AlMusalmi
Vacant
6,8960.14


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Pakistan32,031.00.43Jameel Ahmad
Imdad Ullah Bosal
21,7620.43
Palau34.90.001Kaleb Udui Jr.
Elway Ikeda
1,5010.03
Panama3376.80.08Felipe E. Chapman
Javier Enrique Carrizo Esquivel
5,2200.10
Papua New Guinea3263.20.06Ian Ling-Stuckey
Elizabeth Genia
4,0840.08
Paraguay3201.40.04Carlos Carvallo Spalding
Liana Caballero Krause
3,4660.07
Peru31,334.50.28Julio Velarde
Denisse Miralles Miralles
14,7970.29
Philippines32,042.90.43Eli M. Remolona, Jr.
Ralph G. Recto
21,8810.43
Poland34,095.40.86Andrzej Domański
Marta Kightley
42,4060.84
Portugal32,060.10.43Álvaro Santos Pereira
Clara Raposo
22,0530.44


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Qatar3735.10.15Ali bin Ahmed Al-Kuwari
Bandar bin Mohammed Al-Thani
8,8030.17


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Romania31,811.40.38Mugur Isarescu
Alexandru Nazare
19,5660.39
Russian Federation312,903.72.71Anton Siluanov
Elvira S. Nabiullina
130,4892.59
Rwanda 3160.20.03Yusuf Murangwa
Soraya HAKUZIYAREMYE
3,0540.06


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Samoa316.20.003Mulipola Anarosa Ale Molio’o
Saoleitiiti Maeva Betham-Vaai
1,6140.03
San Marino349.20.01Marco Gatti
Catia Tomasetti
1,9440.04
São Tomé and Príncipe14.80.003Américo d'Oliveira dos Ramos
Lara Simone Beirão Guadalupe
1,6000.03
Saudi Arabia39,992.62.10Mohammed Aljadaan
Ayman Alsayari
101,3782.01
Senegal3323.60.07Cheikh Diba
Abdourahman Sarr
4,6880.09
Serbia3654.80.14Jorgovanka Tabakovic
Vacant
8,0000.16
Seychelles322.90.005Pierre Laporte
Caroline Abel
1,6810.03
Sierra Leone3207.40.04Sheku Ahmed Fantamadi Bangura
Ibrahim Lahai Stevens
3,5260.07
Singapore33,891.90.82Kim Yong Gan
Der Jiun Chia
40,3710.80
Slovak Republic31,001.00.21Peter Kazimir
Radovan Majersky
11,4620.23
Slovenia3586.50.12Primož Dolenc
Tina Žumer
7,3170.15
Solomon Islands320.80.004Luke Forau
McKinnie Dentana
1,6600.03
Somalia 163.40.03Bihi Iman Egeh
Abdi Mohamed Abdullahi
3,0860.06
South Africa33,051.20.64Lesetja Kganyago
Enoch Godongwana
31,9640.63
South Sudan, Republic of246.00.05Barnaba Bak Chol
Addis Ababa Othow
3,9120.08
Spain39,535.52.00Carlos Cuerpo
José Luis Escrivá
96,8071.92
Sri Lanka3578.80.12Anura Kumara Dissanayake
Nandalal Weerasinghe
7,2400.14
St. Kitts and Nevis312.50.003Terrance Drew
Timothy N. J. Antoine
1,5770.03
St. Lucia321.40.004Phillip J. Pierre
Timothy N. J. Antoine
1,6660.03
St. Vincent and the Grenadines311.70.002Ralph E. Gonsalves
Camillo Gonsalves
1,5690.03
Sudan3630.20.13Gibril Ibrahim
Hussein Yahya Jangoul Elbasha
7,7540.15
Suriname3128.90.03Adelien H. Wijnerman
Maurice Roemer
2,7410.05
Sweden34,430.00.93Erik Thedéen
Johanna Lybeck Lilja
45,7520.91
Switzerland35,771.11.21Martin Reto Schlegel
Karin Keller-Sutter
59,1631.17
Syrian Arab Republic293.60.06Mohamad Yisr Burnieh
Abdelkadir Husrieh
4,3880.09


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Tajikistan3174.00.04Hokim Hikmatullo Kholiqzoda
Firdavs Tolibzoda
3,1920.06
Tanzania3397.80.08Khamis Mussa Omar MP
Emmanuel Mpawe Tutuba
5,4300.11
Thailand33,211.90.67Vitai Ratanakorn
Piti Disyatat
33,5710.67
Timor-Leste325.60.01Santina Viegas Cardoso
Helder Lopes
1,7080.03
Togo3146.80.03Essowe Georges Barcola
Kpowbie Tchasso Akaya
2,9200.06
Tonga313.80.003'Aisake Valu Eke
Kilisitina Moala Tuaimei'api
1,5900.03
Trinidad and Tobago3469.80.10Davendranath Tancoo
Larry Howai
6,1500.12
Tunisia3545.20.11Fethi Zouhair Nouri
Mourad Abdessalem
6,9040.14
Türkiye34,658.60.98Mehmet Şimşek
Fatih Karahan
48,0380.95
Turkmenistan238.60.05Toyly Ovezgulyyevich Malikov
Vacant
3,8380.08
Tuvalu2.50.001Panapasi Nelesone
Tauisi M Taupo
1,4770.03


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Uganda3361.00.08Matia Kasaija
Michael Atingi-Ego
5,0620.10
Ukraine32,011.80.42Andriy Pyshnyy
Sergii Marchenko
21,5700.43
United Arab Emirates32,311.20.49Khaled Mohamed Balama
Mohammed bin Hadi Al Hussaini
24,5640.49
United Kingdom320,155.14.23Rachel Reeves MP
Andrew Bailey
203,0034.03
United States382,994.217.42Michael Kaplan
Vacant
831,39416.49
Uruguay3429.10.09Guillermo Tolosa
Gabriel Oddone
5,7430.11
Uzbekistan3551.20.12Djamshid Kuchkarov
Timur Ishmetov
6,9640.14


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Vanuatu323.80.005Johnny Koanapo Nies Rasou
August Letlet
1,6900.03
Venezuela, República Bolivariana de33,722.70.78Vacant
Vacant
38,6790.77
Vietnam31,153.10.24Hong Thi Nguyen
Canh Ngoc Nguyen
12,9830.26


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Yemen, Republic of3487.00.10Ahmad bin Ahmad Ghaleb Al-Maaqbi
Salim bin Buriek
6,3220.13


 QUOTA VOTES
MemberMillions
of SDRs
Percent 
of Total1
Governor
Alternate
Number2Percent 
of Total1
Zambia3978.20.21Situmbeko Musokotwane
Denny Kalyalya
11,2340.22
Zimbabwe3706.80.15Mthuli Ncube
John Mushayavanhu
8,5200.17




TOTALS: General Department and Special Drawing Rights Department
           476,372.0100.04 5,041,052100.04

1At the present time all 191 members are participants in the Special Drawing Rights Department.
2Voting power varies on certain matters pertaining to the General Department with use of the Fund's resources in that Department.
3These countries have accepted the obligations of Article VIII, Sections 2, 3, and 4 of the Articles of Agreement.
4This figure may differ from the sum of the percentages shown for individual countries because of rounding.