Reserves in months of imports — all countries

Reserves in months of imports — South Africa

Reserves in months of imports in South Africa in 2025 — 6.22 months. Ranked 25 in the world out of 87. Since 1960, the indicator has risen by 330.1%.

2025 6.22 months +9.76% vs 2024
World rank 25of 87
Period maximum 7.12 months2020
Period minimum 0.75 months1996

Trend over time

1960–2025 · months of imports

Reserves in months of imports — South Africa, 1960–20250246819601967197419811988199520022009201620231960: 1.45 months1962: 3.61 months1964: 2.73 months1966: 2.94 months1968: 5.18 months1970: 2.36 months1972: 3.76 months1974: 3.86 months1976: 2.11 months1978: 2.26 months1980: 3.63 months1982: 1.96 months1984: 1.39 months1986: 1.47 months1988: 1.05 months1990: 1.19 months1992: 1.45 months1994: 1.3 months1996: 0.75 months1998: 1.76 months2000: 2.38 months2002: 2.5 months2004: 2.69 months2006: 3.24 months2008: 3.33 months2010: 4.54 months2012: 4.33 months2014: 4.43 months2016: 5.44 months2018: 4.81 months2020: 7.12 months2022: 4.91 months2024: 5.67 months2025: 6.22 months
Change over the period: +4.78 (+330.06%) Average annual rate: 2.27 %

Comparison, 2025

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

South Africa 6.22 months
World 8.89 months
Sub-Saharan Africa 6.46 months
Reserves in months of imports — South Africa, by year South Africa All countries CSV XLSX
Year months Change Change, %
2025 6.22 +0.55 +9.76%
2024 5.67 +0.34 +6.38%
2023 5.33 +0.42 +8.48%
2022 4.91 −0.65 −11.67%
2021 5.56 −1.56 −21.91%
2020 7.12 +1.72 +31.75%
2019 5.41 +0.59 +12.35%
2018 4.81 −0.41 −7.9%
2017 5.23 −0.21 −3.89%
2016 5.44 +0.71 +15.09%
2015 4.72 +0.3 +6.76%
2014 4.43 +0.12 +2.8%
2013 4.3 −0.03 −0.63%
2012 4.33 +0.14 +3.34%
2011 4.19 −0.35 −7.68%
2010 4.54 −0.59 −11.43%
2009 5.13 +1.8 +54.04%
2008 3.33 −0.14 −3.92%
2007 3.46 +0.23 +7%
2006 3.24 +0.08 +2.41%
2005 3.16 +0.47 +17.54%
2004 2.69 +0.76 +39.51%
2003 1.93 −0.57 −22.95%
2002 2.5 +0.05 +1.98%
2001 2.45 +0.07 +2.91%
2000 2.38 −0.17 −6.5%
1999 2.55 +0.79 +44.75%
1998 1.76 −0.05 −2.76%
1997 1.81 +1.06 +141.8%
1996 0.75 −0.68 −47.71%
1995 1.43 +0.13 +9.92%
1994 1.3 +0 +0.14%
1993 1.3 −0.15 −10.47%
1992 1.45 −0.07 −4.63%
1991 1.52 +0.33 +27.59%
1990 1.19 +0.14 +13.74%
1989 1.05 +0 +0.25%
1988 1.05 −0.85 −44.66%
1987 1.89 +0.42 +28.38%
1986 1.47 +0.1 +7.31%
1985 1.37 −0.01 −0.88%
1984 1.39 −0.71 −33.75%
1983 2.09 +0.13 +6.55%
1982 1.96 +0.18 +9.85%
1981 1.79 −1.84 −50.77%
1980 3.63 −0.22 −5.68%
1979 3.85 +1.59 +70.15%
1978 2.26 +0.23 +11.53%
1977 2.03 −0.08 −3.72%
1976 2.11 −0.63 −22.88%
1975 2.73 −1.13 −29.28%
1974 3.86 −0.1 −2.47%
1973 3.96 +0.2 +5.26%
1972 3.76 +2.21 +142.71%
1971 1.55 −0.81 −34.22%
1970 2.36 −1.35 −36.43%
1969 3.71 −1.47 −28.36%
1968 5.18 +2.79 +116.88%
1967 2.39 −0.56 −18.87%
1966 2.94 +0.9 +44.42%
1965 2.04 −0.69 −25.38%
1964 2.73 −0.89 −24.49%
1963 3.62 +0.01 +0.24%
1962 3.61 +1.39 +62.54%
1961 2.22 +0.77 +53.33%
1960 1.45

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.