Reserves in months of imports — all countries

Reserves in months of imports — Portugal

Reserves in months of imports in Portugal in 2024 — 3.14 months. Ranked 98 in the world out of 150. Since 1975, the indicator has fallen by 70.7%.

2024 3.14 months +17.75% vs 2023
World rank 98of 150
Period maximum 18.71 months1979
Period minimum 1.05 months2008

Trend over time

1975–2024 · months of imports

Reserves in months of imports — Portugal, 1975–202405101520197519801985199019952000200520102015202020241975: 10.73 months1976: 9.61 months1977: 9.37 months1978: 11.66 months1979: 18.71 months1980: 15.24 months1981: 8.05 months1982: 10.7 months1983: 9.72 months1984: 8.21 months1985: 9.79 months1986: 9.54 months1987: 9.63 months1988: 6.93 months1989: 9.05 months1990: 8.63 months1991: 10.54 months1992: 8.66 months1993: 8.38 months1994: 7.38 months1995: 6.07 months1996: 5.61 months1997: 5.25 months1998: 5.08 months1999: 3.18 months2000: 3.17 months2001: 3.28 months2002: 3.82 months2003: 2.35 months2004: 1.77 months2005: 1.47 months2006: 1.17 months2007: 1.15 months2008: 1.05 months2009: 1.75 months2010: 2.17 months2011: 2.08 months2012: 2.73 months2013: 2.07 months2014: 2.17 months2015: 2.47 months2016: 3.16 months2017: 2.91 months2018: 2.48 months2019: 2.53 months2020: 3.46 months2021: 3.08 months2022: 2.58 months2023: 2.67 months2024: 3.14 months
Change over the period: −7.59 (−70.71%) Average annual rate: -2.47 %

Comparison, 2024

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

Portugal 3.14 months
World 8.8 months
Europe & Central Asia 7.54 months
Southern Europe computed 2.91 months
Reserves in months of imports — Portugal, by year Portugal All countries CSV XLSX
Year months Change Change, %
2024 3.14 +0.47 +17.75%
2023 2.67 +0.09 +3.3%
2022 2.58 −0.5 −16.25%
2021 3.08 −0.37 −10.75%
2020 3.46 +0.92 +36.46%
2019 2.53 +0.06 +2.29%
2018 2.48 −0.44 −14.96%
2017 2.91 −0.25 −7.96%
2016 3.16 +0.7 +28.18%
2015 2.47 +0.3 +13.63%
2014 2.17 +0.11 +5.15%
2013 2.07 −0.66 −24.32%
2012 2.73 +0.64 +30.92%
2011 2.08 −0.09 −3.95%
2010 2.17 +0.42 +23.84%
2009 1.75 +0.7 +67.31%
2008 1.05 −0.1 −8.95%
2007 1.15 −0.02 −1.8%
2006 1.17 −0.3 −20.19%
2005 1.47 −0.3 −16.99%
2004 1.77 −0.58 −24.75%
2003 2.35 −1.48 −38.57%
2002 3.82 +0.55 +16.68%
2001 3.28 +0.11 +3.57%
2000 3.17 −0.01 −0.41%
1999 3.18 −1.9 −37.39%
1998 5.08 −0.18 −3.37%
1997 5.25 −0.36 −6.44%
1996 5.61 −0.46 −7.56%
1995 6.07 −1.31 −17.73%
1994 7.38 −0.99 −11.87%
1993 8.38 −0.28 −3.27%
1992 8.66 −1.88 −17.87%
1991 10.54 +1.91 +22.12%
1990 8.63 −0.41 −4.57%
1989 9.05 +2.12 +30.59%
1988 6.93 −2.7 −28.05%
1987 9.63 +0.08 +0.89%
1986 9.54 −0.24 −2.45%
1985 9.79 +1.57 +19.13%
1984 8.21 −1.51 −15.52%
1983 9.72 −0.98 −9.14%
1982 10.7 +2.65 +32.9%
1981 8.05 −7.19 −47.16%
1980 15.24 −3.47 −18.56%
1979 18.71 +7.05 +60.41%
1978 11.66 +2.3 +24.51%
1977 9.37 −0.24 −2.54%
1976 9.61 −1.11 −10.39%
1975 10.73

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.