Reserves in months of imports — all countries

Reserves in months of imports — Euro area

Reserves in months of imports in the Euro area in 2025 — 3.67 months. Since 1975, the indicator has fallen by 22.4%.

2025 3.67 months +43.68% vs 2024
World rank
Period maximum 6.54 months1979
Period minimum 1.36 months2008

Trend over time

1975–2025 · months of imports

Reserves in months of imports — Euro area, 1975–202502468197519801985199019952000200520102015202020251975: 4.73 months1976: 4.26 months1977: 4.56 months1978: 5.41 months1979: 6.54 months1980: 5.89 months1981: 4.59 months1982: 5.02 months1983: 4.95 months1984: 4.47 months1985: 4.57 months1986: 4.54 months1987: 5.04 months1988: 4.12 months1989: 4.16 months1990: 3.84 months1993: 3.06 months1994: 3.22 months1995: 2.62 months1996: 2.77 months1997: 2.79 months1998: 2.44 months1999: 2.21 months2000: 1.95 months2001: 1.88 months2002: 2.21 months2003: 2.04 months2004: 1.75 months2005: 1.53 months2006: 1.54 months2007: 1.57 months2008: 1.36 months2009: 2.11 months2010: 2.21 months2011: 1.98 months2012: 2.35 months2013: 1.99 months2014: 1.89 months2015: 2.08 months2016: 2.21 months2017: 2.25 months2018: 2.05 months2019: 2.29 months2020: 3.16 months2021: 2.7 months2022: 2.3 months2023: 2.27 months2024: 2.56 months2025: 3.67 months
Change over the period: −1.06 (−22.4%) Average annual rate: -0.51 %

Comparison, 2025

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

Euro area 3.67 months
World 8.89 months
Reserves in months of imports — Euro area, by year Euro area All countries CSV XLSX
Year months Change Change, %
2025 3.67 +1.12 +43.68%
2024 2.56 +0.29 +12.67%
2023 2.27 −0.03 −1.35%
2022 2.3 −0.4 −14.93%
2021 2.7 −0.46 −14.55%
2020 3.16 +0.88 +38.38%
2019 2.29 +0.23 +11.41%
2018 2.05 −0.19 −8.64%
2017 2.25 +0.03 +1.47%
2016 2.21 +0.14 +6.55%
2015 2.08 +0.19 +10.18%
2014 1.89 −0.11 −5.27%
2013 1.99 −0.36 −15.34%
2012 2.35 +0.37 +18.53%
2011 1.98 −0.22 −10.08%
2010 2.21 +0.1 +4.76%
2009 2.11 +0.74 +54.55%
2008 1.36 −0.21 −13.09%
2007 1.57 +0.03 +1.68%
2006 1.54 +0.01 +0.74%
2005 1.53 −0.22 −12.75%
2004 1.75 −0.28 −13.92%
2003 2.04 −0.18 −7.93%
2002 2.21 +0.34 +18.04%
2001 1.88 −0.08 −3.87%
2000 1.95 −0.26 −11.65%
1999 2.21 −0.23 −9.3%
1998 2.44 −0.35 −12.67%
1997 2.79 +0.02 +0.77%
1996 2.77 +0.15 +5.71%
1995 2.62 −0.6 −18.76%
1994 3.22 +0.16 +5.33%
1993 3.06
1990 3.84 −0.32 −7.78%
1989 4.16 +0.04 +1.03%
1988 4.12 −0.92 −18.23%
1987 5.04 +0.5 +11%
1986 4.54 −0.03 −0.65%
1985 4.57 +0.1 +2.29%
1984 4.47 −0.49 −9.82%
1983 4.95 −0.07 −1.35%
1982 5.02 +0.43 +9.37%
1981 4.59 −1.3 −22.07%
1980 5.89 −0.65 −9.87%
1979 6.54 +1.13 +20.82%
1978 5.41 +0.85 +18.68%
1977 4.56 +0.3 +7.11%
1976 4.26 −0.48 −10.1%
1975 4.73

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.