Reserves in months of imports — all countries

Reserves in months of imports — OECD

Reserves in months of imports in the OECD in 2025 — 7.22 months. Since 1975, the indicator has risen by 78.4%.

2025 7.22 months +5.53% vs 2024
World rank
Period maximum 11.2 months2020
Period minimum 3.2 months1995

Trend over time

1975–2025 · months of imports

Reserves in months of imports — OECD, 1975–2025051015197519801985199019952000200520102015202020251975: 4.05 months1976: 3.58 months1977: 4.47 months1978: 5.22 months1979: 6.79 months1980: 6.29 months1981: 4.68 months1982: 5.37 months1983: 4.85 months1984: 4.17 months1985: 4.43 months1986: 4.32 months1987: 4.72 months1988: 3.74 months1989: 3.7 months1990: 3.5 months1991: 3.78 months1992: 3.26 months1993: 3.6 months1994: 3.52 months1995: 3.2 months1996: 3.71 months1997: 3.79 months1998: 3.89 months1999: 4.31 months2000: 4.47 months2001: 5.3 months2002: 6.29 months2003: 8.32 months2004: 9.09 months2005: 7.99 months2006: 7.41 months2007: 7.12 months2008: 6.34 months2009: 8.36 months2010: 7.28 months2011: 7.09 months2012: 7.34 months2013: 7.7 months2014: 7.5 months2015: 8.92 months2016: 9.14 months2017: 9.23 months2018: 8.34 months2019: 8.88 months2020: 11.2 months2021: 9.54 months2022: 7.12 months2023: 7.07 months2024: 6.84 months2025: 7.22 months
Change over the period: +3.17 (+78.4%) Average annual rate: 1.16 %

Comparison, 2025

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

OECD 7.22 months
World 8.89 months
Reserves in months of imports — OECD, by year OECD All countries CSV XLSX
Year months Change Change, %
2025 7.22 +0.38 +5.53%
2024 6.84 −0.22 −3.14%
2023 7.07 −0.05 −0.7%
2022 7.12 −2.42 −25.41%
2021 9.54 −1.66 −14.84%
2020 11.2 +2.32 +26.14%
2019 8.88 +0.54 +6.51%
2018 8.34 −0.89 −9.67%
2017 9.23 +0.09 +0.94%
2016 9.14 +0.23 +2.53%
2015 8.92 +1.42 +18.95%
2014 7.5 −0.2 −2.63%
2013 7.7 +0.36 +4.9%
2012 7.34 +0.25 +3.48%
2011 7.09 −0.19 −2.61%
2010 7.28 −1.07 −12.83%
2009 8.36 +2.02 +31.8%
2008 6.34 −0.78 −10.93%
2007 7.12 −0.29 −3.91%
2006 7.41 −0.59 −7.34%
2005 7.99 −1.1 −12.09%
2004 9.09 +0.78 +9.32%
2003 8.32 +2.03 +32.18%
2002 6.29 +0.99 +18.64%
2001 5.3 +0.83 +18.68%
2000 4.47 +0.16 +3.68%
1999 4.31 +0.42 +10.81%
1998 3.89 +0.1 +2.51%
1997 3.79 +0.08 +2.18%
1996 3.71 +0.51 +16%
1995 3.2 −0.32 −9.09%
1994 3.52 −0.08 −2.28%
1993 3.6 +0.35 +10.62%
1992 3.26 −0.52 −13.7%
1991 3.78 +0.28 +7.94%
1990 3.5 −0.2 −5.51%
1989 3.7 −0.04 −1.07%
1988 3.74 −0.97 −20.66%
1987 4.72 +0.4 +9.21%
1986 4.32 −0.11 −2.53%
1985 4.43 +0.26 +6.29%
1984 4.17 −0.68 −14.1%
1983 4.85 −0.52 −9.65%
1982 5.37 +0.69 +14.76%
1981 4.68 −1.61 −25.64%
1980 6.29 −0.5 −7.34%
1979 6.79 +1.57 +30.06%
1978 5.22 +0.75 +16.76%
1977 4.47 +0.89 +24.92%
1976 3.58 −0.47 −11.57%
1975 4.05

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.