Reserves in months of imports — all countries

Reserves in months of imports — Jamaica

Reserves in months of imports in Jamaica in 2024 — 6.47 months. Ranked 33 in the world out of 150. Since 1976, the indicator has risen by 1,983.4%.

2024 6.47 months +18.65% vs 2023
World rank 33of 150
Period maximum 7.08 months2021
Period minimum 0.31 months1976

Trend over time

1976–2024 · months of imports

Reserves in months of imports — Jamaica, 1976–202402468197619811986199119962001200620112016202120241976: 0.31 months1977: 0.56 months1978: 0.57 months1979: 0.58 months1980: 0.75 months1981: 0.52 months1982: 0.68 months1983: 0.42 months1984: 0.65 months1985: 1.08 months1986: 0.74 months1987: 1.07 months1988: 0.79 months1989: 0.46 months1990: 0.69 months1991: 0.46 months1992: 1.48 months1993: 1.64 months1994: 2.52 months1995: 1.93 months1996: 2.5 months1997: 1.82 months1998: 1.89 months1999: 1.48 months2000: 2.54 months2001: 4.35 months2002: 3.52 months2003: 2.51 months2004: 3.62 months2005: 3.73 months2006: 3.44 months2007: 2.33 months2008: 1.94 months2009: 3.43 months2010: 4.17 months2011: 3.2 months2012: 2.87 months2013: 2.69 months2014: 3.69 months2015: 4.75 months2016: 5.53 months2017: 5.7 months2018: 4.8 months2019: 4.77 months2020: 7.04 months2021: 7.08 months2022: 5.15 months2023: 5.45 months2024: 6.47 months
Change over the period: +6.16 (+1,983.36%) Average annual rate: 6.53 %

Comparison, 2024

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

Jamaica 6.47 months
World 8.8 months
Upper-middle-income countries computed 8.32 months
Reserves in months of imports — Jamaica, by year Jamaica All countries CSV XLSX
Year months Change Change, %
2024 6.47 +1.02 +18.65%
2023 5.45 +0.31 +5.95%
2022 5.15 −1.93 −27.24%
2021 7.08 +0.04 +0.51%
2020 7.04 +2.27 +47.5%
2019 4.77 −0.02 −0.52%
2018 4.8 −0.9 −15.79%
2017 5.7 +0.17 +3.08%
2016 5.53 +0.78 +16.37%
2015 4.75 +1.06 +28.7%
2014 3.69 +1 +37.37%
2013 2.69 −0.18 −6.24%
2012 2.87 −0.33 −10.36%
2011 3.2 −0.98 −23.41%
2010 4.17 +0.74 +21.62%
2009 3.43 +1.49 +76.96%
2008 1.94 −0.39 −16.83%
2007 2.33 −1.11 −32.18%
2006 3.44 −0.3 −7.94%
2005 3.73 +0.11 +3.09%
2004 3.62 +1.11 +44.11%
2003 2.51 −1.01 −28.64%
2002 3.52 −0.83 −19.01%
2001 4.35 +1.81 +70.99%
2000 2.54 +1.07 +72.32%
1999 1.48 −0.41 −21.92%
1998 1.89 +0.07 +4.04%
1997 1.82 −0.68 −27.17%
1996 2.5 +0.57 +29.64%
1995 1.93 −0.59 −23.46%
1994 2.52 +0.88 +53.63%
1993 1.64 +0.15 +10.46%
1992 1.48 +1.02 +221.09%
1991 0.46 −0.23 −33.03%
1990 0.69 +0.23 +49.26%
1989 0.46 −0.32 −41.28%
1988 0.79 −0.29 −26.79%
1987 1.07 +0.33 +45.31%
1986 0.74 −0.34 −31.67%
1985 1.08 +0.43 +66.31%
1984 0.65 +0.23 +53.44%
1983 0.42 −0.26 −37.59%
1982 0.68 +0.16 +30.34%
1981 0.52 −0.23 −30.57%
1980 0.75 +0.17 +29.43%
1979 0.58 +0.01 +2.35%
1978 0.57 +0.01 +1.71%
1977 0.56 +0.25 +79.37%
1976 0.31

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.