Tracker on the Use of Allocated SDRs

Source details

In August 2021, the IMF issued a general allocation of US$650 billion in Special Drawing Rights (SDRs) to its member countries.
The tracker compiles excerpts from IMF country reports to provide information on how countries are using their SDRs.
The goal of the tracker is to promote transparency and accountability in how countries are putting these resources to use to help their people or to help other countries with higher financing needs.

Information on members’ use or plan to use SDRs is drawn from IMF staff reports on Fund arrangements or Article IV consultations published after the implementation of the general allocation of SDRs on August 23, 2021.
Members with no information are those for which there has been no staff report or there was a staff report on Article IV consultation which however has not been published because the relevant member has not yet consented to its publication.
Allocation-to-GDP ratios are calculated using end-2020 GDP figures in US dollars, as published in the April 2021 WEO.
The SDR exchange rate of reference is 0.700343 SDR per USD as of August 2, 2021 (the date of approval of the General Allocation of SDRs by the Board of Governors of the IMF).
Country borders or names do not necessarily reflect the IMF’s official position. Country groups follow IMF's quota-based classification.

Starting from October 2021, IMF staff enhanced the quarterly financial reports (II. SDR Department / SCHEDULE 3: Changes in Holdings) to include individual members’ SDR holdings by publishing changes in members’ SDR holdings by two broad aggregate categories:
- (i) those related to IMF operations; and
- (ii) SDR trading and other uses.
The Board paper entitled Annual Update on SDR Trading Operations provides additional analysis on the use of the Fund’s Voluntary Trading Arrangements (VTAs) and trends in SDR exchanges, including experience with sales after the new SDR allocation and aggregate VTA trading information such as trading ranges.
Staff will publish an ex-post report on the use of the SDR allocation by August 2023.
Staff reports’ coverage builds on the Guidance Note on the Treatment and Use of SDR Allocations.

Data on cumulative SDR Allocation and Holdings is available through IMF statistical releases and financial reports.
The tracker is updated about every two months.
Last updated April 21, 2023.