Reserves in months of imports — all countries

Reserves in months of imports — Australia and New Zealand

Reserves in months of imports in Australia and New Zealand in 2024 — 1.62 months. Since 2000, the indicator has fallen by 22%.

2024 1.62 months +4.78% vs 2023
World rank
Period maximum 3.01 months2006
Period minimum 1.35 months2008

Trend over time

2000–2024 · months of imports

Reserves in months of imports — Australia and New Zealand, 2000–202411.522.533.52000200320062009201220152018202120242000: 2.07 months2001: 2.22 months2002: 2.35 months2003: 2.84 months2004: 2.49 months2005: 2.56 months2006: 3.01 months2007: 1.6 months2008: 1.35 months2009: 2.15 months2010: 1.82 months2011: 1.63 months2012: 1.63 months2013: 1.75 months2014: 1.83 months2015: 1.79 months2016: 2.16 months2017: 2.35 months2018: 1.79 months2019: 1.99 months2020: 1.78 months2021: 1.88 months2022: 1.43 months2023: 1.54 months2024: 1.62 months
Change over the period: −0.45 (−21.97%) Average annual rate: -1.03 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Australia and New Zealand

Australia and New Zealand 1.62 months
World 8.8 months
Reserves in months of imports — Australia and New Zealand, by year Australia and New Zealand All countries CSV XLSX
Year months Change Change, %
2024 1.62 +0.07 +4.78%
2023 1.54 +0.12 +8.18%
2022 1.43 −0.46 −24.36%
2021 1.88 +0.11 +5.93%
2020 1.78 −0.21 −10.36%
2019 1.99 +0.2 +11.13%
2018 1.79 −0.56 −23.83%
2017 2.35 +0.19 +8.75%
2016 2.16 +0.36 +20.28%
2015 1.79 −0.03 −1.87%
2014 1.83 +0.07 +4.22%
2013 1.75 +0.13 +7.79%
2012 1.63 −0 −0.02%
2011 1.63 −0.19 −10.38%
2010 1.82 −0.34 −15.67%
2009 2.15 +0.8 +59.31%
2008 1.35 −0.25 −15.6%
2007 1.6 −1.41 −46.9%
2006 3.01 +0.46 +17.82%
2005 2.56 +0.07 +2.9%
2004 2.49 −0.35 −12.33%
2003 2.84 +0.48 +20.46%
2002 2.35 +0.13 +5.96%
2001 2.22 +0.15 +7.3%
2000 2.07

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.