Reserves in months of imports — all countries

Reserves in months of imports — Eritrea

Reserves in months of imports in Eritrea in 2000 — 0.85 months. Ranked 133 in the world out of 140. Since 1996, the indicator has fallen by 45.9%.

2000 0.85 months −25.8% vs 1999
World rank 133of 140
Period maximum 4.34 months1997
Period minimum 0.85 months2000

Trend over time

1996–2000 · months of imports

Reserves in months of imports — Eritrea, 1996–20000246199619971998199920001996: 1.57 months1997: 4.34 months1998: 1.16 months1999: 1.15 months2000: 0.85 months
Change over the period: −0.72 (−45.88%) Average annual rate: -14.23 %

Comparison, 2000

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

Eritrea 0.85 months
World 5.52 months
Sub-Saharan Africa 8.66 months
Reserves in months of imports — Eritrea, by year Eritrea All countries CSV XLSX
Year months Change Change, %
2000 0.85 −0.3 −25.8%
1999 1.15 −0.02 −1.63%
1998 1.16 −3.17 −73.16%
1997 4.34 +2.77 +176.23%
1996 1.57

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.