Reserves in months of imports in high-income countries in 2023 — 3.81 months. Since 2014, the indicator has fallen by 4.2%.
2014–2023 · months of imports
How the value compares with the world and the groups this territory belongs to: High-income countries
| Year | months | Change | Change, % |
|---|---|---|---|
| 2023 | 3.81 | +0.11 | +2.86% |
| 2022 | 3.71 | −0.89 | −19.39% |
| 2021 | 4.6 | −0.67 | −12.72% |
| 2020 | 5.27 | +1.08 | +25.77% |
| 2019 | 4.19 | +0.26 | +6.7% |
| 2018 | 3.93 | −0.36 | −8.36% |
| 2017 | 4.29 | −0.06 | −1.41% |
| 2016 | 4.35 | +0.09 | +2.03% |
| 2015 | 4.26 | +0.28 | +7% |
| 2014 | 3.98 | — | — |
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.
The gold and foreign exchange reserves of a country in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.