Reserves in months of imports — all countries

Reserves in months of imports — Algeria

Reserves in months of imports in Algeria in 2024 — 16.53 months. Ranked 2 in the world out of 150. Since 1977, the indicator has risen by 378%.

2024 16.53 months −3.03% vs 2023
World rank 2of 150
Period maximum 36.78 months2010
Period minimum 2.61 months1990

Trend over time

1977–2024 · months of imports

Reserves in months of imports — Algeria, 1977–202401020304019771982198719921997200220072012201720221977: 3.46 months1978: 3.66 months1979: 5.49 months1980: 5.82 months1981: 4.64 months1982: 4.01 months1983: 3.45 months1984: 2.79 months1985: 4.25 months1986: 3.91 months1987: 5.17 months1988: 3.61 months1989: 3.15 months1990: 2.61 months1991: 3.9 months2005: 22.79 months2006: 30.16 months2007: 35.4 months2008: 32.07 months2009: 33.79 months2010: 36.78 months2011: 34.82 months2012: 34.31 months2013: 32.78 months2014: 28.19 months2015: 25.86 months2016: 22.58 months2017: 19.37 months2018: 15.93 months2019: 14.47 months2020: 15.44 months2021: 13.77 months2022: 16.34 months2023: 17.05 months2024: 16.53 months
Change over the period: +13.07 (+377.97%) Average annual rate: 3.38 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Algeria

Algeria 16.53 months
World 8.8 months
Upper-middle-income countries computed 8.32 months
Reserves in months of imports — Algeria, by year Algeria All countries CSV XLSX
Year months Change Change, %
2024 16.53 −0.52 −3.03%
2023 17.05 +0.71 +4.34%
2022 16.34 +2.57 +18.67%
2021 13.77 −1.67 −10.85%
2020 15.44 +0.97 +6.74%
2019 14.47 −1.46 −9.17%
2018 15.93 −3.44 −17.78%
2017 19.37 −3.21 −14.21%
2016 22.58 −3.28 −12.68%
2015 25.86 −2.34 −8.28%
2014 28.19 −4.59 −14%
2013 32.78 −1.53 −4.45%
2012 34.31 −0.52 −1.48%
2011 34.82 −1.96 −5.32%
2010 36.78 +2.99 +8.85%
2009 33.79 +1.72 +5.36%
2008 32.07 −3.32 −9.38%
2007 35.4 +5.23 +17.35%
2006 30.16 +7.37 +32.36%
2005 22.79
1991 3.9 +1.29 +49.69%
1990 2.61 −0.54 −17.21%
1989 3.15 −0.47 −12.91%
1988 3.61 −1.56 −30.09%
1987 5.17 +1.26 +32.09%
1986 3.91 −0.33 −7.85%
1985 4.25 +1.45 +51.99%
1984 2.79 −0.66 −19.09%
1983 3.45 −0.56 −13.88%
1982 4.01 −0.63 −13.58%
1981 4.64 −1.18 −20.32%
1980 5.82 +0.34 +6.12%
1979 5.49 +1.83 +49.98%
1978 3.66 +0.2 +5.84%
1977 3.46

Northern Africa, 2024

The same indicator for neighboring countries — with links to their pages

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.

Source: World Economic Outlook (IMF), license IMF open data.