Reserves in months of imports — all countries

Reserves in months of imports — Hong Kong

Reserves in months of imports in Hong Kong in 2023 — 5.69 months. Ranked 46 in the world out of 160. Since 1998, the indicator has risen by 21.1%.

2023 5.69 months −0.5% vs 2022
World rank 46of 160
Period maximum 7.56 months2020
Period minimum 3.81 months2007

Trend over time

1998–2023 · months of imports

Reserves in months of imports — Hong Kong, 1998–20233456781998200120042007201020132016201920221998: 4.7 months1999: 5.2 months2000: 4.92 months2001: 5.46 months2002: 5.44 months2003: 5.3 months2004: 4.66 months2005: 4.09 months2006: 3.83 months2007: 3.81 months2008: 4.3 months2009: 6.68 months2011: 5.28 months2012: 5.43 months2013: 4.94 months2014: 5.08 months2015: 5.68 months2016: 6.19 months2017: 6.4 months2018: 5.84 months2019: 6.35 months2020: 7.56 months2021: 6.47 months2022: 5.72 months2023: 5.69 months
Change over the period: +0.99 (+21.09%) Average annual rate: 0.77 %

Comparison, 2023

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

Hong Kong 5.69 months
World 9.25 months
East Asia & Pacific 10.78 months
Eastern Asia computed 10.4 months
High-income countries computed 3.81 months
Reserves in months of imports — Hong Kong, by year Hong Kong All countries CSV XLSX
Year months Change Change, %
2023 5.69 −0.03 −0.5%
2022 5.72 −0.75 −11.59%
2021 6.47 −1.09 −14.47%
2020 7.56 +1.22 +19.15%
2019 6.35 +0.51 +8.7%
2018 5.84 −0.56 −8.8%
2017 6.4 +0.21 +3.39%
2016 6.19 +0.51 +8.91%
2015 5.68 +0.61 +11.94%
2014 5.08 +0.14 +2.9%
2013 4.94 −0.5 −9.18%
2012 5.43 +0.15 +2.93%
2011 5.28
2009 6.68 +2.38 +55.45%
2008 4.3 +0.49 +12.79%
2007 3.81 −0.02 −0.58%
2006 3.83 −0.26 −6.28%
2005 4.09 −0.57 −12.3%
2004 4.66 −0.63 −11.96%
2003 5.3 −0.14 −2.62%
2002 5.44 −0.02 −0.35%
2001 5.46 +0.53 +10.86%
2000 4.92 −0.28 −5.42%
1999 5.2 +0.51 +10.79%
1998 4.7

Eastern Asia, 2023

The same indicator for neighboring countries — with links to their pages

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.