Reserves in months of imports — all countries

Reserves in months of imports — Rwanda

Reserves in months of imports in Rwanda in 2024 — 4.18 months. Ranked 78 in the world out of 150. Since 2010, the indicator has fallen by 26.5%.

2024 4.18 months +16.11% vs 2023
World rank 78of 150
Period maximum 5.7 months2010
Period minimum 2.27 months2012

Trend over time

2010–2024 · months of imports

Reserves in months of imports — Rwanda, 2010–202423456201020122014201620182020202220242010: 5.7 months2011: 3.83 months2012: 2.27 months2013: 2.97 months2014: 3.97 months2015: 3.58 months2016: 3.6 months2017: 4.18 months2018: 4.39 months2019: 4.3 months2020: 5.45 months2021: 5.47 months2022: 3.93 months2023: 3.6 months2024: 4.18 months
Change over the period: −1.51 (−26.54%) Average annual rate: -2.18 %

Comparison, 2024

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

Rwanda 4.18 months
World 8.8 months
Sub-Saharan Africa 5.37 months
Reserves in months of imports — Rwanda, by year Rwanda All countries CSV XLSX
Year months Change Change, %
2024 4.18 +0.58 +16.11%
2023 3.6 −0.33 −8.35%
2022 3.93 −1.54 −28.15%
2021 5.47 +0.03 +0.49%
2020 5.45 +1.14 +26.53%
2019 4.3 −0.08 −1.91%
2018 4.39 +0.21 +4.95%
2017 4.18 +0.58 +16.21%
2016 3.6 +0.02 +0.62%
2015 3.58 −0.39 −9.91%
2014 3.97 +1 +33.47%
2013 2.97 +0.7 +30.79%
2012 2.27 −1.56 −40.63%
2011 3.83 −1.87 −32.76%
2010 5.7

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.