Reserves in months of imports — all countries

Reserves in months of imports — Cayman Islands

Reserves in months of imports in the Cayman Islands in 2024 — 0.26 months. Ranked 147 in the world out of 150. Since 2018, the indicator has risen by 15%.

2024 0.26 months +12.65% vs 2023
World rank 147of 150
Period maximum 0.4 months2021
Period minimum 0.23 months2018

Trend over time

2018–2024 · months of imports

Reserves in months of imports — Cayman Islands, 2018–20240.20.250.30.350.40.4520182019202020212022202320242018: 0.23 months2019: 0.26 months2020: 0.4 months2021: 0.4 months2022: 0.28 months2023: 0.23 months2024: 0.26 months
Change over the period: +0.03 (+14.96%) Average annual rate: 2.35 %

Comparison, 2024

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

Cayman Islands 0.26 months
World 8.8 months
Reserves in months of imports — Cayman Islands, by year Cayman Islands All countries CSV XLSX
Year months Change Change, %
2024 0.26 +0.03 +12.65%
2023 0.23 −0.05 −16.17%
2022 0.28 −0.12 −30.05%
2021 0.4 +0.01 +1.43%
2020 0.4 +0.14 +54.17%
2019 0.26 +0.03 +11.29%
2018 0.23

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.