Numerator
Fine-metal tonnes are kept in their stated official or modelled scope. Private estimates never silently become official reserves.
Plain-language guide
What gold reserves per capita means - and what it does not
Gold reserves per capita is a comparison ratio: official monetary gold held by a reporting authority divided by resident population. It is not household ownership, national wealth, a claim on the metal, or investment advice.
Denominator
The same documented UN annual resident-population series is used across a release. A population change can move the ratio without a metal transaction.
Limit
The ratio does not describe distribution among residents, access to central-bank assets, purchasing power or an investment return.
Shared formulasource or model tonnes x 1,000,000 / resident population
This produces grams per resident. Divide grams by 31.1034768 for fine troy ounces per resident.
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