Reserves in months of imports — all countries

Reserves in months of imports — Papua New Guinea

Reserves in months of imports in Papua New Guinea in 2024 — 4.9 months. Ranked 60 in the world out of 150. Since 1976, the indicator has risen by 8.8%.

2024 4.9 months +11.56% vs 2023
World rank 60of 150
Period maximum 6.68 months2011
Period minimum 0.61 months1994

Trend over time

1976–2024 · months of imports

Reserves in months of imports — Papua New Guinea, 1976–202402468197619811986199119962001200620112016202120241976: 4.51 months1977: 6.28 months1978: 4.93 months1979: 5.4 months1980: 3.52 months1981: 3.07 months1982: 3.74 months1983: 3.74 months1984: 3.59 months1985: 4.19 months1986: 3.7 months1987: 3.25 months1988: 2.35 months1989: 2.44 months1990: 2.98 months1991: 1.83 months1992: 1.28 months1993: 0.85 months1994: 0.61 months1995: 1.33 months1996: 2.65 months1997: 1.66 months1998: 1.18 months1999: 1.28 months2000: 1.81 months2001: 2.86 months2002: 1.99 months2003: 2.45 months2004: 2.72 months2005: 2.77 months2006: 3.98 months2007: 4.78 months2008: 4.29 months2009: 5.85 months2010: 5.4 months2011: 6.68 months2012: 5.22 months2013: 3.42 months2014: 4.37 months2015: 3.35 months2016: 4.15 months2017: 3.25 months2018: 3.6 months2019: 3.38 months2020: 5.27 months2021: 4.8 months2022: 4.55 months2023: 4.39 months2024: 4.9 months
Change over the period: +0.39 (+8.75%) Average annual rate: 0.17 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Papua New Guinea

Papua New Guinea 4.9 months
World 8.8 months
East Asia & Pacific 10.6 months
Lower-middle-income countries computed 5.58 months
Reserves in months of imports — Papua New Guinea, by year Papua New Guinea All countries CSV XLSX
Year months Change Change, %
2024 4.9 +0.51 +11.56%
2023 4.39 −0.16 −3.48%
2022 4.55 −0.25 −5.18%
2021 4.8 −0.47 −8.92%
2020 5.27 +1.88 +55.67%
2019 3.38 −0.22 −6.05%
2018 3.6 +0.36 +11.01%
2017 3.25 −0.91 −21.84%
2016 4.15 +0.8 +23.78%
2015 3.35 −1.01 −23.2%
2014 4.37 +0.95 +27.71%
2013 3.42 −1.8 −34.51%
2012 5.22 −1.46 −21.82%
2011 6.68 +1.28 +23.6%
2010 5.4 −0.44 −7.54%
2009 5.85 +1.56 +36.34%
2008 4.29 −0.5 −10.4%
2007 4.78 +0.81 +20.29%
2006 3.98 +1.21 +43.84%
2005 2.77 +0.05 +1.67%
2004 2.72 +0.27 +10.95%
2003 2.45 +0.46 +22.89%
2002 1.99 −0.87 −30.32%
2001 2.86 +1.05 +57.9%
2000 1.81 +0.53 +41.36%
1999 1.28 +0.11 +9%
1998 1.18 −0.48 −29.17%
1997 1.66 −0.99 −37.23%
1996 2.65 +1.32 +99.73%
1995 1.33 +0.71 +116.45%
1994 0.61 −0.24 −28.13%
1993 0.85 −0.43 −33.44%
1992 1.28 −0.55 −29.97%
1991 1.83 −1.16 −38.74%
1990 2.98 +0.54 +22.3%
1989 2.44 +0.09 +4.01%
1988 2.35 −0.9 −27.8%
1987 3.25 −0.45 −12.27%
1986 3.7 −0.49 −11.73%
1985 4.19 +0.6 +16.72%
1984 3.59 −0.15 −3.93%
1983 3.74 +0 +0.13%
1982 3.74 +0.67 +21.87%
1981 3.07 −0.45 −12.89%
1980 3.52 −1.88 −34.85%
1979 5.4 +0.47 +9.49%
1978 4.93 −1.34 −21.39%
1977 6.28 +1.77 +39.28%
1976 4.51

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

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.