Reserves in months of imports in Eastern Africa in 2023 — 2.73 months. Since 2011, the indicator has fallen by 13.9%.
2011–2023 · months of imports
How the value compares with the world and the groups this territory belongs to: Eastern Africa
| Year | months | Change | Change, % |
|---|---|---|---|
| 2023 | 2.73 | +0.19 | +7.28% |
| 2022 | 2.54 | −1.17 | −31.48% |
| 2021 | 3.71 | −0.19 | −4.85% |
| 2020 | 3.9 | +0.53 | +15.64% |
| 2019 | 3.37 | +0.09 | +2.78% |
| 2018 | 3.28 | −0.07 | −1.98% |
| 2017 | 3.35 | −0.15 | −4.32% |
| 2016 | 3.5 | +0.19 | +5.84% |
| 2015 | 3.3 | +0.16 | +5.01% |
| 2014 | 3.15 | +0.07 | +2.38% |
| 2013 | 3.07 | −0.04 | −1.39% |
| 2012 | 3.12 | −0.05 | −1.58% |
| 2011 | 3.17 | — | — |
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.
The gold and foreign exchange reserves of a country in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.