Reserves in months of imports — all countries

Reserves in months of imports — Malawi

Reserves in months of imports in Malawi in 2020 — 1.91 months. Ranked 142 in the world out of 164. Since 1978, the indicator has fallen by 10.3%.

2020 1.91 months −33% vs 2019
World rank 142of 164
Period maximum 4.38 months1998
Period minimum 0.55 months1983

Trend over time

1978–2020 · months of imports

Reserves in months of imports — Malawi, 1978–202002461978198319881993199820032008201320181978: 2.13 months1979: 1.58 months1980: 1.43 months1981: 1.24 months1982: 0.8 months1983: 0.55 months1984: 1.73 months1985: 1.34 months1986: 0.89 months1987: 1.68 months1988: 3.24 months1989: 2.36 months1990: 2.67 months1991: 2.19 months1992: 0.63 months1993: 1.11 months1994: 0.84 months1995: 1.95 months1996: 3.3 months1997: 1.83 months1998: 4.38 months1999: 3.7 months2000: 4.35 months2001: 3.6 months2002: 2.37 months2003: 1.52 months2004: 1.38 months2005: 1.43 months2006: 1.22 months2007: 1.69 months2008: 1.41 months2009: 0.83 months2010: 1.38 months2011: 0.8 months2012: 1.13 months2013: 1.59 months2014: 2.23 months2015: 2.99 months2016: 2.93 months2017: 3.01 months2018: 2.76 months2019: 2.86 months2020: 1.91 months
Change over the period: −0.22 (−10.3%) Average annual rate: -0.26 %

Comparison, 2020

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

Malawi 1.91 months
World 13.27 months
Sub-Saharan Africa 6.11 months
Eastern Africa computed 3.9 months
Reserves in months of imports — Malawi, by year Malawi All countries CSV XLSX
Year months Change Change, %
2020 1.91 −0.94 −33%
2019 2.86 +0.1 +3.56%
2018 2.76 −0.25 −8.3%
2017 3.01 +0.08 +2.83%
2016 2.93 −0.06 −2.11%
2015 2.99 +0.76 +34.13%
2014 2.23 +0.63 +39.82%
2013 1.59 +0.46 +41.17%
2012 1.13 +0.33 +41.42%
2011 0.8 −0.58 −42.02%
2010 1.38 +0.55 +65.89%
2009 0.83 −0.58 −41.23%
2008 1.41 −0.27 −16.17%
2007 1.69 +0.47 +38.54%
2006 1.22 −0.21 −14.73%
2005 1.43 +0.04 +3.01%
2004 1.38 −0.14 −9.13%
2003 1.52 −0.85 −35.72%
2002 2.37 −1.23 −34.21%
2001 3.6 −0.75 −17.21%
2000 4.35 +0.65 +17.48%
1999 3.7 −0.67 −15.38%
1998 4.38 +2.55 +139.75%
1997 1.83 −1.48 −44.74%
1996 3.3 +1.36 +69.61%
1995 1.95 +1.1 +130.7%
1994 0.84 −0.26 −23.69%
1993 1.11 +0.47 +74.55%
1992 0.63 −1.55 −71.02%
1991 2.19 −0.49 −18.19%
1990 2.67 +0.31 +13.1%
1989 2.36 −0.87 −26.95%
1988 3.24 +1.55 +92.34%
1987 1.68 +0.79 +89.14%
1986 0.89 −0.45 −33.79%
1985 1.34 −0.39 −22.33%
1984 1.73 +1.18 +216.54%
1983 0.55 −0.25 −31.35%
1982 0.8 −0.45 −35.99%
1981 1.24 −0.19 −12.96%
1980 1.43 −0.15 −9.54%
1979 1.58 −0.55 −25.99%
1978 2.13

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.