Reserves in months of imports — all countries

Reserves in months of imports — Aruba

Reserves in months of imports in Aruba in 2023 — 5.82 months. Ranked 43 in the world out of 160. Since 1986, the indicator has risen by 18.2%.

2023 5.82 months −16.54% vs 2022
World rank 43of 160
Period maximum 8.61 months2021
Period minimum 0.7 months2005

Trend over time

1986–2023 · months of imports

Reserves in months of imports — Aruba, 1986–202302.557.51019861990199419982002200620102014201820221986: 4.93 months1987: 4.57 months1988: 3.38 months1989: 2.92 months1990: 2.22 months1991: 1.18 months1992: 1.29 months1993: 1.52 months1994: 1.39 months1995: 1.5 months1996: 1.04 months1997: 0.88 months1998: 1.43 months1999: 1.79 months2000: 1.79 months2001: 2.28 months2002: 2.56 months2003: 2.15 months2004: 0.94 months2005: 0.7 months2006: 0.85 months2007: 0.86 months2008: 1.19 months2009: 2.5 months2010: 3.76 months2011: 1.17 months2012: 3.05 months2013: 3.18 months2014: 3.39 months2015: 4.24 months2016: 5.04 months2017: 4.8 months2018: 4.62 months2019: 4.74 months2020: 8.13 months2021: 8.61 months2022: 6.98 months2023: 5.82 months
Change over the period: +0.9 (+18.25%) Average annual rate: 0.45 %

Comparison, 2023

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

Aruba 5.82 months
World 9.25 months
High-income countries computed 3.81 months
Reserves in months of imports — Aruba, by year Aruba All countries CSV XLSX
Year months Change Change, %
2023 5.82 −1.15 −16.54%
2022 6.98 −1.63 −18.94%
2021 8.61 +0.48 +5.91%
2020 8.13 +3.39 +71.58%
2019 4.74 +0.12 +2.61%
2018 4.62 −0.18 −3.84%
2017 4.8 −0.23 −4.64%
2016 5.04 +0.79 +18.7%
2015 4.24 +0.85 +25.07%
2014 3.39 +0.21 +6.62%
2013 3.18 +0.13 +4.19%
2012 3.05 +1.88 +159.93%
2011 1.17 −2.59 −68.79%
2010 3.76 +1.26 +50.38%
2009 2.5 +1.32 +111.02%
2008 1.19 +0.33 +38.59%
2007 0.86 +0 +0.34%
2006 0.85 +0.15 +20.98%
2005 0.7 −0.23 −24.76%
2004 0.94 −1.22 −56.52%
2003 2.15 −0.4 −15.76%
2002 2.56 +0.28 +12.43%
2001 2.28 +0.49 +27.47%
2000 1.79 −0 −0.14%
1999 1.79 +0.36 +25.31%
1998 1.43 +0.55 +62.34%
1997 0.88 −0.16 −15.54%
1996 1.04 −0.46 −30.66%
1995 1.5 +0.11 +7.59%
1994 1.39 −0.12 −8.22%
1993 1.52 +0.23 +17.51%
1992 1.29 +0.11 +9.61%
1991 1.18 −1.04 −46.8%
1990 2.22 −0.7 −24.11%
1989 2.92 −0.46 −13.67%
1988 3.38 −1.19 −25.95%
1987 4.57 −0.35 −7.2%
1986 4.93

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.