2021 General SDR Allocation
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Overview and purpose
- A general allocation of Special Drawing Rights (SDRs) equivalent to about US$650 billion became effective on August 23, 2021.
- The allocation was intended to address the long-term global need for reserves, build confidence, and foster the resilience and stability of the global economy.
- The allocation was expected to particularly help the most vulnerable countries struggling to cope with the impact of the COVID-19 crisis.
Coverage and allocation mechanics
- The general SDR allocation was made to IMF members that are participants in the Special Drawing Rights Department (currently all 191 members) in proportion to their existing quotas in the Fund.
- 1/ General allocation, effective on August 23, 2021, of 95.8455025357 percent of quotas as of August 2, 2021.
Key aggregated figures
- Announced total value: about US$650 billion.
- Total SDRs allocated (sum of country allocations): 456,485.3 (values are in millions of SDR).
- Effective date: August 23, 2021.
Selected country allocations (values in millions of SDR)
- United States: 79,546.2
- China: 29,216.5
- Japan: 29,540.1
- Germany: 25,527.9
- France: 19,317.8
- United Kingdom: 19,317.8
- India: 12,569.6
- Russian Federation: 12,367.6
- Brazil: 10,583.3
- Canada: 10,565.9
- Saudi Arabia: 9,577.5
- Italy: 14,443.9
- Mexico: 8,542.4
- Korea: 8,226.1
- Netherlands: 8,373.5
Additional statistics and examples across membership
- Smallest allocations (examples): Tuvalu: 2.4; Nauru: 2.7; Marshall Islands: 4.7; Palau, Republic of: 4.7; Micronesia, Fed. States of: 6.9.
- Several low-income and vulnerable countries received allocations intended to bolster reserves and support COVID-19 response and recovery (examples include: Afghanistan, Islamic State of: 310.3; Haiti: 157.0; Sierra Leone: 198.8; Mozambique: 217.8).
- Representative middle-income country allocations (examples): Indonesia: 4,455.3; Turkey: 4,465.1; South Africa: 2,924.4; Argentina: 3,054.9.
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