Finance

Reserves in months of imports

How many months of imports a country can pay for out of its reserves.

Unit: months of imports Period: 1960–2025 Source: World Economic Outlook (IMF)
Average: 5.02 months Countries: 179

The ranking uses the latest available value for each country — the year is shown in the row. The table spans 1982 to 2025.

Reserves in months of imports, 1982–2025

Top-20 · months of imports

Reserves in months of imports, 1982–2025010203040LibyaLibya: 31.57 months31.57RussiaRussia: 16.78 months16.78AfghanistanAfghanistan: 16.63 months16.63AlgeriaAlgeria: 16.53 months16.53Saudi ArabiaSaudi Arabia: 15.59 months15.59IsraelIsrael: 14.54 months14.54JapanJapan: 14.01 months14.01LebanonLebanon: 13.6 months13.6SwitzerlandSwitzerland: 13.2 months13.2NepalNepal: 12.97 months12.97VanuatuVanuatu: 12.6 months12.6SamoaSamoa: 12.37 months12.37ChinaChina: 11.94 months11.94SyriaSyria: 11.66 months11.66IraqIraq: 11.21 months11.21TongaTonga: 10.8 months10.8PeruPeru: 10.42 months10.42UzbekistanUzbekistan: 10.28 months10.28Central African RepublicCentral African Republic: 9.63 months9.63MacaoMacao: 9 months9
Reserves in months of imports — 1982–2025 Current breakdown Full series CSV XLSX JSON
# Year Subregion World rank
1 LY Libya 31.57 2023 1
2 RU Russia 16.78 2024 2
3 AF Afghanistan 16.63 2020 3
4 DZ Algeria 16.53 2024 4
5 SA Saudi Arabia 15.59 2025 5
6 IL Israel 14.54 2025 6
7 JP Japan 14.01 2025 7
8 LB Lebanon 13.6 2023 8
9 CH Switzerland 13.2 2025 9
10 NP Nepal 12.97 2024 10
11 VU Vanuatu 12.6 2022 11
12 WS Samoa 12.37 2025 12
13 CN China 11.94 2025 13
14 SY Syria 11.66 2010 14
15 IQ Iraq 11.21 2024 15
16 TO Tonga 10.8 2024 16
17 PE Peru 10.42 2025 17
18 UZ Uzbekistan 10.28 2024 18
19 CF Central African Republic 9.63 1994 19
20 MO Macao 9 2024 20
21 SB Solomon Islands 8.9 2024 21
22 CV Cabo Verde 8.69 2025 22
23 UY Uruguay 8.67 2025 23
24 BR Brazil 8.42 2025 24
25 KW Kuwait 8.41 2025 25
26 TH Thailand 8.03 2025 26
27 KH Cambodia 7.91 2025 27
28 BN Brunei Darussalam 7.91 2025 28
29 IN India 7.88 2025 29
30 JO Jordan 7.79 2024 30
31 CZ Czechia 7.64 2025 31
32 KM Comoros 7.61 2023 32
33 QA Qatar 7.45 2025 33
34 KZ Kazakhstan 7.39 2025 34
35 GT Guatemala 7.39 2024 35
36 PH Philippines 7.33 2025 36
37 CO Colombia 7.3 2025 37
38 AL Albania 7.21 2025 38
39 BG Bulgaria 7.16 2025 39
40 NG Nigeria 7.12 2025 40
41 HT Haiti 6.77 2024 41
42 BT Bhutan 6.61 2024 42
43 BA Bosnia and Herzegovina 6.49 2024 43
44 JM Jamaica 6.47 2024 44
45 KR South Korea 6.46 2025 45
46 ZA South Africa 6.22 2025 46
47 RS Serbia 6.16 2025 47
48 TL Timor-Leste 6.07 2025 48
49 MA Morocco 5.93 2025 49
50 PL Poland 5.87 2025 50
51 AW Aruba 5.82 2023 51
52 IR Iran 5.82 1982 52
53 TJ Tajikistan 5.75 2025 53
54 TT Trinidad and Tobago 5.73 2024 54
55 NI Nicaragua 5.72 2024 55
56 HK Hong Kong 5.69 2023 56
57 IT Italy 5.67 2025 57
58 PY Paraguay 5.55 2024 58
59 LS Lesotho 5.54 2024 59
60 RO Romania 5.53 2025 60
61 ID Indonesia 5.51 2025 61
62 MG Madagascar 5.5 2024 62
63 MR Mauritania 5.41 2021 63
64 MD Moldova 5.4 2025 64
65 TZ Tanzania 5.39 2018 65
66 AO Angola 5.32 2025 66
67 IS Iceland 5.32 2025 67
68 HN Honduras 5.3 2025 68
69 FM Micronesia 5.28 2014 69
70 CM Cameroon 5.28 2024 70
71 AE United Arab Emirates 5.2 2024 71
72 MU Mauritius 5.16 2024 72
73 UA Ukraine 5.03 2024 73
74 AZ Azerbaijan 4.95 2025 74
75 PG Papua New Guinea 4.9 2024 75
76 GM Gambia 4.79 2024 76
77 BW Botswana 4.76 2024 77
78 VC Saint Vincent and the Grenadines 4.75 2025 78
79 TR Türkiye 4.73 2024 79
80 CR Costa Rica 4.65 2025 80
81 MK North Macedonia 4.57 2025 81
82 TN Tunisia 4.51 2024 82
83 MY Malaysia 4.45 2024 83
84 KN Saint Kitts and Nevis 4.44 2025 84
85 FJ Fiji 4.44 2024 85
86 DK Denmark 4.4 2024 86
87 SG Singapore 4.39 2025 87
88 NO Norway 4.37 2025 88
89 EG Egypt 4.36 2025 89
90 GD Grenada 4.36 2025 90
91 GA Gabon 4.25 2015 91
92 CL Chile 4.22 2025 92
93 RW Rwanda 4.18 2024 93
94 AR Argentina 4.05 2025 94
95 KE Kenya 4.03 2024 95
96 DO Dominican Republic 3.97 2025 96
97 NA Namibia 3.96 2024 97
98 BS Bahamas 3.95 2024 98
99 KG Kyrgyzstan 3.95 2024 99
100 ME Montenegro 3.95 2025 100
101 BD Bangladesh 3.91 2025 101
102 NZ New Zealand 3.9 2025 102
103 DM Dominica 3.87 2025 103
104 PK Pakistan 3.76 2025 104
105 MX Mexico 3.75 2025 105
106 OM Oman 3.69 2024 106
107 SC Seychelles 3.67 2024 107
108 VE Venezuela 3.65 2016 108
109 HU Hungary 3.5 2025 109
110 BZ Belize 3.49 2025 110
111 ST Sao Tome and Principe 3.46 2024 111
112 FR France 3.45 2025 112
113 MZ Mozambique 3.44 2024 113
114 AM Armenia 3.41 2025 114
115 MN Mongolia 3.33 2024 115
116 ZM Zambia 3.29 2024 116
117 SR Suriname 3.29 2025 117
118 MM Myanmar 3.29 2019 118
119 PT Portugal 3.14 2024 119
120 DE Germany 3.11 2025 120
121 BY Belarus 3.04 2025 121
122 GE Georgia 3.01 2025 122
123 AG Antigua and Barbuda 3 2025 123
124 LC Saint Lucia 2.99 2025 124
125 SM San Marino 2.89 2023 125
126 LK Sri Lanka 2.86 2024 126
127 EC Ecuador 2.86 2025 127
128 US United States 2.84 2025 128
129 SV El Salvador 2.45 2025 129
130 LA Laos 2.39 2024 130
131 UG Uganda 2.39 2024 131
132 VN Vietnam 2.37 2024 132
133 PS Palestine 2.35 2025 133
134 TD Chad 2.27 1994 134
135 SE Sweden 2.14 2025 135
136 ES Spain 2.02 2025 136
137 LV Latvia 2.02 2025 137
138 LR Liberia 2.02 2024 138
139 MW Malawi 1.91 2020 139
140 SZ Eswatini 1.91 2024 140
141 XK Kosovo 1.82 2025 141
142 AT Austria 1.8 2025 142
143 ET Ethiopia 1.78 2024 143
144 SL Sierra Leone 1.75 2024 144
145 PA Panama 1.74 2025 145
146 CD Democratic Republic of the Congo 1.69 2023 146
147 FI Finland 1.65 2025 147
148 GH Ghana 1.64 2024 148
149 CG Republic of the Congo 1.6 2021 149
150 CA Canada 1.6 2025 150
151 AU Australia 1.58 2025 151
152 SK Slovakia 1.54 2025 152
153 BH Bahrain 1.42 2024 153
154 GB United Kingdom 1.39 2025 154
155 MV Maldives 1.3 2024 155
156 GR Greece 1.29 2024 156
157 GN Guinea 1.28 2024 157
158 BB Barbados 1.26 2017 158
159 YE Yemen 1.22 2016 159
160 LT Lithuania 1.17 2025 160
161 BE Belgium 1.01 2025 161
162 DJ Djibouti 0.85 2024 162
163 GY Guyana 0.85 2023 163
164 ER Eritrea 0.85 2000 164
165 BI Burundi 0.73 2023 165
166 NL Netherlands 0.73 2024 166
167 EE Estonia 0.72 2025 167
168 HR Croatia 0.69 2024 168
169 SI Slovenia 0.68 2025 169
170 CY Cyprus 0.53 2025 170
171 BO Bolivia 0.52 2025 171
172 ZW Zimbabwe 0.52 2024 172
173 KY Cayman Islands 0.26 2024 173
174 MT Malta 0.25 2024 174
175 SD Sudan 0.19 2017 175
176 SS South Sudan 0.17 2023 176
177 IE Ireland 0.14 2024 177
178 LU Luxembourg 0.06 2025 178
179 GQ Equatorial Guinea 0.01 1996 179
Nothing found. Check the spelling of the name.
Maximum 31.57 months
Median 4.36 months
Minimum 0.01 months
World 8.89 months

About the indicator

The ratio of international reserves to average monthly imports of goods and services. The commonly accepted minimum benchmark of adequacy is three months of imports; below that level a country becomes vulnerable to external shocks and to a halt in the inflow of capital.

Important: The aggregate is weighted by imports: all of the reserves of a group divided by its average monthly imports. Weighting by population or GDP will not do here — imports are precisely what stands in the denominator of the indicator.

Updates
twice a year: April and October
Unit of measurement
months of imports
Observation period
1960–2025
License
IMF open data
Dataset
World Economic Outlook