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Executive Directors and Voting Power Senior Officials Organization Articles of Agreement IMF at a Glance A Factsheet IMF Quota and Governance Publications Executive Board Calendar
IMF Members' Quotas and Voting Power, and IMF Board of Governors
Last Updated: December 30, 2013
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 effect of the 2008 Amendment on Voice and Participation on March 3, 2011, quota and voting shares will change as eligible members pay their quota increases. During this process, this table will be updated regularly. Click here for a table illustrating percentage quota and voting shares before and after implementation of the
2008 Amendment on Voice and Participation, and of subsequent reforms of quotas and governance which were agreed in 2010 but are not yet in effect. (see here for more details.)
A B C D E F G H I J K L M N O P Q R S T U V Y Z TOTALS
161.9
0.07
2,356
0.09
Albania
60.0
0.03
1,337
0.05
Algeria3
1,254.7
0.53
13,284
0.53
Angola
286.3
0.12
3,600
0.14
13.5
0.01
872
0.03
Argentina3
2,117.1
0.89
21,908
0.87
Armenia3
92.0
0.04
1,657
0.07
Australia3
3,236.4
1.36
33,101
1.31
Austria3
2,113.9
0.89
21,876
0.87
Azerbaijan3
160.9
0.07
2,346
0.09
Bahamas, The3
130.3
0.05
2,040
0.08
Bahrain3
135.0
0.06
2,087
0.08
Bangladesh3
533.3
0.22
6,070
0.24
Barbados3
67.5
0.03
Christopher P. Sinckler
1,412
0.06
386.4
0.16
4,601
0.18
Belgium3
4,605.2
1.93
46,789
1.86
Belize
18.8
0.01
925
0.04
Benin
61.9
0.03
1,356
0.05
Bhutan
6.3
0.003
800
0.03
Bolivia3
171.5
0.07
2,452
0.10
169.1
0.07
2,428
0.10
Botswana3
87.8
0.04
1,615
0.06
Brazil3
4,250.5
1.79
43,242
1.72
Brunei Darussalam3
215.2
0.09
2,889
0.11
Bulgaria3
640.2
0.27
7,139
0.28
Burkina Faso3
60.2
0.03
1,339
0.05
Burundi
77.0
0.03
1,507
0.06
Cabo Verde
11.2
0.005
849
0.03
Cambodia3
87.5
0.04
1,612
0.06
Cameroon3
185.7
0.08
2,594
0.10
Canada3
6,369.2
2.67
64,429
2.56
55.7
0.02
1,294
0.05
Chad3
66.6
0.03
1,403
0.06
Chile
856.1
0.36
9,298
0.37
China
9,525.9
4.00
95,996
3.81
Colombia
774.0
0.33
8,477
0.34
Comoros3
8.9
0.004
826
0.03
533.0
0.22
6,067
0.24
84.6
0.04
1,583
0.06
Costa Rica3
164.1
0.07
2,378
0.09
Cte d'Ivoire
325.2
0.14
3,989
0.16
Croatia3
365.1
0.15
4,388
0.17
Cyprus3
158.2
0.07
2,319
0.09
Czech Republic3
1,002.2
0.42
10,759
0.43
Denmark
1,891.4
0.79
19,651
0.78
Djibouti3
15.9
0.01
896
0.04
Dominica3
8.2
0.003
819
0.03
Dominican Republic3
218.9
0.09
2,926
0.12
Ecuador
347.8
0.15
4,215
0.17
Egypt
943.7
0.40
10,174
0.40
El Salvador
171.3
0.07
2,450
0.10
Equatorial Guinea3
52.3
0.02
1,260
0.05
Eritrea
15.9
0.01
896
0.04
Estonia3
93.9
0.04
1,676
0.07
Ethiopia
133.7
0.06
2,074
0.08
70.3
0.03
1,440
0.06
Finland3
1,263.8
0.53
13,375
0.53
France3
10,738.5
4.51
108,122
4.29
Gabon3
154.3
0.06
2,280
0.09
Gambia, The3
31.1
0.01
1,048
0.04
Georgia3
150.3
0.06
Giorgi Kadagidze
2,240
0.09
14,565.5
6.12
146,392
5.81
Ghana3
369.0
0.15
4,427
0.18
Greece
1,101.8
0.46
11,755
0.47
Grenada
11.7
0.005
854
0.03
Guatemala
210.2
0.09
2,839
0.11
Guinea3
107.1
0.04
1,808
0.07
Guinea-Bissau3
14.2
0.01
879
0.03
Guyana3
90.9
0.04
1,646
0.07
Haiti3
81.9
0.03
1,556
0.06
Honduras3
129.5
0.05
2,032
0.08
Hungary3
1,038.4
0.44
11,121
0.44
Iceland3
117.6
0.05
1,913
0.08
India3
5,821.5
2.44
58,952
2.34
Indonesia3
2,079.3
0.87
21,530
0.85
1,497.2
0.63
Valiollah Seif
15,709
0.62
Gholamali Kamyab Iraq 1,188.4 0.50 Abdul Basit Turki Saeed Azez Jafar Hassan Ireland3 1,257.6 0.53 Michael Noonan Patrick Honohan Israel
3
12,621
0.50
13,313
0.53
1,061.1
0.45
11,348
0.45
Italy
7,882.3
3.31
79,560
3.16
Jamaica3
273.5
0.11
3,472
0.14
Japan3
15,628.5
6.56
157,022
6.23
Jordan3
170.5
0.07
2,442
0.10
Kazakhstan
365.7
0.15
4,394
0.17
Kenya3
271.4
0.11
3,451
0.14
Kiribati3
5.6
0.002
793
0.03
Korea3
3,366.4
1.41
34,401
1.37
Kosovo3
59.0
0.02
1,327
0.05
Kuwait3
1,381.1
0.58
14,548
0.58
Kyrgyz Republic3
88.8
0.04
1,625
0.06
52.9
0.02
1,266
0.05
Latvia3
142.1
0.06
2,158
0.09
Lebanon
266.4
0.11
3,401
0.13
Lesotho
34.9
0.01
1,086
0.04
Liberia
129.2
0.05
2,029
0.08
Libya3
1,123.7
0.47
11,974
0.48
Lithuania3
183.9
0.08
2,576
0.10
Luxembourg3
418.7
0.18
4,924
0.20
68.9
0.03
1,426
0.06
Madagascar3
122.2
0.05
Vacant Vacant
1,959
0.08
Malawi3
69.4
0.03
1,431
0.06
Malaysia3
1,773.9
0.74
Mohd. Najib Abdul Razak Tan Sri Dato' Sri Zeti Akhtar Aziz
18,476
0.73
Maldives
10.0
0.004
837
0.03
Mali3
93.3
0.04
1,670
0.07
Malta3
102.0
0.04
1,757
0.07
Marshall Islands3
3.5
0.001
Dennis Momotaro
772
0.03
64.4
0.03
1,381
0.05
Mauritius3
101.6
0.04
1,753
0.07
Mexico
3,625.7
1.52
36,994
1.47
5.1
0.002
788
0.03
Moldova
123.2
0.05
1,969
0.08
Mongolia3
51.1
0.02
1,248
0.05
Montenegro3
27.5
0.01
1,012
0.04
Morocco3
588.2
0.25
6,619
0.26
Mozambique
113.6
0.05
1,873
0.07
Myanmar
258.4
0.11
3,321
0.13
Namibia3
136.5
0.06
2,102
0.08
Nepal3
71.3
0.03
1,450
0.06
Netherlands3
5,162.4
2.17
52,361
2.08
New Zealand3
894.6
0.38
9,683
0.38
Nicaragua3
130.0
0.05
2,037
0.08
Niger3
65.8
0.03
1,395
0.06
Nigeria
1,753.2
0.74
18,269
0.73
Norway
1,883.7
0.79
19,574
0.78
Oman
237.0
0.10
3,107
0.12
Pakistan3
1,033.7
0.43
11,074
0.44
Palau3
3.1
0.001
768
0.03
Panama3
206.6
0.09
2,803
0.11
131.6
0.06
2,053
0.08
Paraguay3
99.9
0.04
1,736
0.07
Peru3
638.4
0.27
7,121
0.28
Philippines3
1,019.3
0.43
10,930
0.43
Poland3
1,688.4
0.71
17,621
0.70
Portugal3
1,029.7
0.43
11,034
0.44
Qatar3
302.6
0.13
3,763
0.15
Romania
1,030.2
0.43
11,039
0.44
Russian Federation
5,945.4
2.50
60,191
2.39
Rwanda
80.1
0.03
1,538
0.06
Samoa3
11.6
0.005
853
0.03
San Marino3
22.4
0.01
961
0.04
7.4
0.003
811
0.03
Saudi Arabia3
6,985.5
2.93
70,592
2.80
Senegal3
161.8
0.07
2,355
0.09
Serbia3
467.7
0.20
5,414
0.21
Seychelles3
10.9
0.005
846
0.03
Sierra Leone3
103.7
0.04
1,774
0.07
Singapore3
1,408.0
0.59
14,817
0.59
Slovak Republic3
427.5
0.18
5,012
0.20
Slovenia3
275.0
0.12
3,487
0.14
Solomon Islands3
10.4
0.004
841
0.03
Somalia
44.2
0.02
1,179
0.05
South Africa3
1,868.5
0.78
Pravin J. Gordhan
19,422
0.77
Gill Marcus South Sudan, Republic of 123.0 0.05 Aggrey Tisa Sabuni Kornelio Koryom Mayik Spain3 4,023.4 1.69 Luis de Guindos Luis M. Linde Sri Lanka
3
1,967
0.08
40,971
1.63
413.4
0.17
4,871
0.19
8.9
0.004
826
0.03
St. Lucia
15.3
0.01
890
0.04
8.3
0.003
820
0.03
Sudan3
169.7
0.07
2,434
0.10
Suriname3
92.1
0.04
1,658
0.07
Swaziland3
50.7
0.02
1,244
0.05
Sweden
2,395.5
1.01
24,692
0.98
Switzerland3
3,458.5
1.45
35,322
1.40
293.6
0.12
3,673
0.15
Tajikistan3
87.0
0.04
1,607
0.06
Tanzania3
198.9
0.08
2,726
0.11
Thailand3
1,440.5
0.60
15,142
0.60
Timor-Leste3
8.2
0.003
819
0.03
Togo3
73.4
0.03
1,471
0.06
Tonga
6.9
0.003
806
0.03
335.6
0.14
4,093
0.16
Tunisia
286.5
0.12
3,602
0.14
Turkey
1,455.8
0.61
15,295
0.61
Turkmenistan
75.2
0.03
1,489
0.06
Tuvalu
1.8
0.001
755
0.03
Uganda3
180.5
0.08
2,542
0.10
Ukraine3
1,372.0
0.58
14,457
0.57
752.5
0.32
8,262
0.33
United Kingdom3
10,738.5
4.51
108,122
4.29
United States3
42,122.4
17.69
421,961
16.75
Uruguay3
306.5
0.13
3,802
0.15
Uzbekistan3
275.6
0.12
3,493
0.14
Vanuatu3
17.0
0.01
907
0.04
Venezuela, Repblica
2,659.1
1.12
27,328
1.08
460.7
0.19
5,344
0.21
Yemen, Republic of
243.5
0.10
3,172
0.13
Zambia3
489.1
0.21
5,628
0.22
Zimbabwe3
353.4
0.15
4,271
0.17
TOTALS: General Department and Special Drawing Rights Department. 238,118.0 100.04 2,519,736 100.04
1 2
At the present time all 188 members are participants in the Special Drawing RightsDepartment. Voting power varies on certain matters pertaining to the General Department with use of the Fund's resources in that Department. 3 These countries have accepted the obligations of Article VIII, Sections 2, 3, and 4 of theArticles of Agreement. 4 This figure may differ from the sum of the percentages shown for individual countries because of rounding.
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