Reserves in months of imports — all countries

Reserves in months of imports — Iraq

Reserves in months of imports in Iraq in 2024 — 11.21 months. Ranked 8 in the world out of 150. Since 2005, the indicator has risen by 139.6%.

2024 11.21 months −29.4% vs 2023
World rank 8of 150
Period maximum 16.27 months2022
Period minimum 4.68 months2005

Trend over time

2005–2024 · months of imports

Reserves in months of imports — Iraq, 2005–202405101520200520072009201120132015201720192021202320242005: 4.68 months2006: 8.31 months2007: 14.26 months2008: 15.87 months2009: 12.05 months2010: 12.74 months2011: 13.78 months2012: 13.09 months2013: 12.8 months2014: 11.33 months2015: 10.8 months2016: 11.81 months2017: 11.74 months2018: 12.99 months2019: 10.86 months2020: 11.35 months2021: 14.47 months2022: 16.27 months2023: 15.87 months2024: 11.21 months
Change over the period: +6.53 (+139.62%) Average annual rate: 4.71 %

Comparison, 2024

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

Iraq 11.21 months
World 8.8 months
Western Asia computed 9.33 months
Upper-middle-income countries computed 8.32 months
Reserves in months of imports — Iraq, by year Iraq All countries CSV XLSX
Year months Change Change, %
2024 11.21 −4.67 −29.4%
2023 15.87 −0.39 −2.41%
2022 16.27 +1.8 +12.42%
2021 14.47 +3.12 +27.48%
2020 11.35 +0.49 +4.51%
2019 10.86 −2.13 −16.39%
2018 12.99 +1.25 +10.64%
2017 11.74 −0.08 −0.64%
2016 11.81 +1.01 +9.37%
2015 10.8 −0.52 −4.63%
2014 11.33 −1.47 −11.5%
2013 12.8 −0.29 −2.24%
2012 13.09 −0.68 −4.97%
2011 13.78 +1.03 +8.12%
2010 12.74 +0.7 +5.77%
2009 12.05 −3.82 −24.09%
2008 15.87 +1.61 +11.32%
2007 14.26 +5.94 +71.5%
2006 8.31 +3.64 +77.72%
2005 4.68

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.