Reserves in months of imports — all countries

Reserves in months of imports — Latin America & Caribbean

Reserves in months of imports in Latin America & Caribbean in 2025 — 6.54 months. Since 1975, the indicator has fallen by 40.2%.

2025 6.54 months +3.91% vs 2024
World rank
Period maximum 11.02 months2016
Period minimum 4.17 months1988

Trend over time

1975–2025 · months of imports

Reserves in months of imports — Latin America & Caribbean, 1975–20254681012197519801985199019952000200520102015202020251975: 10.93 months1976: 7.88 months1977: 6.82 months1978: 7.69 months1979: 9.01 months1980: 7.33 months1981: 5.86 months1982: 5.42 months1983: 6.27 months1984: 5.82 months1985: 6.67 months1986: 5.64 months1987: 5.97 months1988: 4.17 months1989: 4.36 months1990: 5.89 months1991: 6.05 months1992: 6.27 months1993: 6.64 months1994: 7.26 months1995: 6.4 months1996: 7.28 months1997: 6.14 months1998: 5.25 months1999: 5.56 months2000: 4.91 months2001: 4.58 months2002: 5.09 months2003: 6.27 months2004: 5.58 months2005: 5.4 months2006: 5.65 months2007: 7.51 months2008: 6.44 months2009: 9.32 months2010: 7.94 months2011: 7.78 months2012: 8.48 months2013: 8.25 months2014: 8.36 months2015: 10.05 months2016: 11.02 months2017: 10.12 months2018: 9.09 months2019: 8.75 months2020: 11.01 months2021: 8.18 months2022: 6.2 months2023: 6.87 months2024: 6.29 months2025: 6.54 months
Change over the period: −4.39 (−40.16%) Average annual rate: -1.02 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 6.54 months
World 8.89 months
Reserves in months of imports — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year months Change Change, %
2025 6.54 +0.25 +3.91%
2024 6.29 −0.58 −8.47%
2023 6.87 +0.68 +10.95%
2022 6.2 −1.98 −24.22%
2021 8.18 −2.83 −25.72%
2020 11.01 +2.26 +25.8%
2019 8.75 −0.34 −3.74%
2018 9.09 −1.03 −10.22%
2017 10.12 −0.9 −8.14%
2016 11.02 +0.98 +9.71%
2015 10.05 +1.68 +20.13%
2014 8.36 +0.11 +1.36%
2013 8.25 −0.23 −2.71%
2012 8.48 +0.7 +8.97%
2011 7.78 −0.16 −2.02%
2010 7.94 −1.37 −14.75%
2009 9.32 +2.88 +44.75%
2008 6.44 −1.07 −14.27%
2007 7.51 +1.86 +32.87%
2006 5.65 +0.25 +4.62%
2005 5.4 −0.18 −3.26%
2004 5.58 −0.68 −10.92%
2003 6.27 +1.18 +23.13%
2002 5.09 +0.51 +11.19%
2001 4.58 −0.33 −6.76%
2000 4.91 −0.65 −11.67%
1999 5.56 +0.3 +5.78%
1998 5.25 −0.88 −14.38%
1997 6.14 −1.14 −15.68%
1996 7.28 +0.88 +13.72%
1995 6.4 −0.86 −11.83%
1994 7.26 +0.61 +9.24%
1993 6.64 +0.37 +5.91%
1992 6.27 +0.22 +3.68%
1991 6.05 +0.16 +2.77%
1990 5.89 +1.52 +34.92%
1989 4.36 +0.19 +4.58%
1988 4.17 −1.79 −30.08%
1987 5.97 +0.33 +5.84%
1986 5.64 −1.03 −15.47%
1985 6.67 +0.85 +14.59%
1984 5.82 −0.45 −7.17%
1983 6.27 +0.85 +15.66%
1982 5.42 −0.44 −7.56%
1981 5.86 −1.47 −20.04%
1980 7.33 −1.67 −18.55%
1979 9.01 +1.32 +17.17%
1978 7.69 +0.86 +12.66%
1977 6.82 −1.06 −13.47%
1976 7.88 −3.04 −27.84%
1975 10.93

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.