WOCU Re-Weighting, May, 2023

The first Re-Weighting of 2023 was conducted at 16:00 UTC on May 18.

The total GDP of the WOCU 20 is up again to USD 80.720 Trillion from USD 78.345 Trillion last November.

There are multiple ranking changes with India (now #5) finally pushing above the UK (now #6), Russia doing just fine despite Ukraine, and the Islamic Republic dropping back out after its recent inclusion. The US has also recovered strongly going above 30% again, with #2, China, broadly flat.

The WOCU constituent table, rounded to the nearest whole percentage point, now stands at:

1 United States 32%
2 China 22%
3 Japan 5%
4 Germany 5%
5 India 4%
6 United Kingdom 4%
7 France 3%
8 Russia 3%
9 Canada 3%
10 Italy 2%
11 Brazil 2%
12 Australia 2%
13 Korea 2%
14 Mexico 2%
15 Spain 2%
16 Indonesia 2%
17 Saudi Arabia 1%
18 Netherlands 1%
19 Türkiye 1%
20 Switzerland 1%

The WOCU Major Currencies table now stands at:

US Dollar 31.5%
Chinese Yuan 22.4%
Euro 14.0%
Japanese Yen 5.2%
Indian Rupee 4.2%
British Pound 3.8%
Total of above 81.2%

The next routine Re-Weighting is due at 16:00 UTC on 16 November, 2023.