Reserves in months of imports — all countries

Reserves in months of imports — Micronesia

Reserves in months of imports in Micronesia in 2014 — 5.28 months. Ranked 49 in the world out of 170. Since 2009, the indicator has risen by 97.6%.

2014 5.28 months +42.22% vs 2013
World rank 49of 170
Period maximum 5.28 months2014
Period minimum 2.65 months2010

Trend over time

2009–2014 · months of imports

Reserves in months of imports — Micronesia, 2009–2014234562009201020112012201320142009: 2.67 months2010: 2.65 months2011: 3.38 months2012: 3.3 months2013: 3.71 months2014: 5.28 months
Change over the period: +2.61 (+97.63%) Average annual rate: 14.6 %

Comparison, 2014

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

Micronesia 5.28 months
World 13.04 months
East Asia & Pacific 14.91 months
Lower-middle-income countries computed 5.49 months
Reserves in months of imports — Micronesia, by year Micronesia All countries CSV XLSX
Year months Change Change, %
2014 5.28 +1.57 +42.22%
2013 3.71 +0.41 +12.52%
2012 3.3 −0.08 −2.32%
2011 3.38 +0.73 +27.61%
2010 2.65 −0.02 −0.93%
2009 2.67

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.