Reserves in months of imports — all countries

Reserves in months of imports — Melanesia

Reserves in months of imports in Melanesia in 2022 — 6.66 months. Since 1980, the indicator has risen by 97%.

2022 6.66 months −29.28% vs 2021
World rank
Period maximum 9.42 months2021
Period minimum 1.34 months1994

Trend over time

1980–2022 · months of imports

Reserves in months of imports — Melanesia, 1980–202202.557.5101980198519901995200020052010201520201980: 3.38 months1981: 2.74 months1982: 3.37 months1983: 3.43 months1984: 3.31 months1985: 3.68 months1986: 3.56 months1987: 3.21 months1988: 2.85 months1989: 2.62 months1990: 2.95 months1991: 2.23 months1992: 2.13 months1993: 1.64 months1994: 1.34 months1995: 2 months1996: 2.95 months1997: 2.16 months1998: 2.32 months1999: 2.59 months2000: 2.81 months2001: 3.16 months2002: 2.68 months2003: 2.82 months2004: 2.99 months2005: 2.25 months2006: 2.18 months2007: 3.08 months2008: 1.65 months2009: 4.08 months2010: 4.27 months2011: 4.38 months2012: 4.81 months2013: 4.61 months2014: 4.44 months2015: 5.14 months2016: 5.01 months2017: 5.55 months2018: 4.97 months2019: 5.21 months2020: 8.69 months2021: 9.42 months2022: 6.66 months
Change over the period: +3.28 (+97.05%) Average annual rate: 1.63 %

Comparison, 2022

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

Melanesia 6.66 months
World 9.2 months
Reserves in months of imports — Melanesia, by year Melanesia All countries CSV XLSX
Year months Change Change, %
2022 6.66 −2.76 −29.28%
2021 9.42 +0.74 +8.47%
2020 8.69 +3.47 +66.64%
2019 5.21 +0.24 +4.86%
2018 4.97 −0.58 −10.45%
2017 5.55 +0.55 +10.9%
2016 5.01 −0.14 −2.67%
2015 5.14 +0.7 +15.74%
2014 4.44 −0.16 −3.52%
2013 4.61 −0.2 −4.25%
2012 4.81 +0.43 +9.94%
2011 4.38 +0.11 +2.58%
2010 4.27 +0.18 +4.45%
2009 4.08 +2.43 +147.28%
2008 1.65 −1.43 −46.32%
2007 3.08 +0.9 +41.37%
2006 2.18 −0.08 −3.39%
2005 2.25 −0.74 −24.63%
2004 2.99 +0.17 +6.14%
2003 2.82 +0.13 +5.03%
2002 2.68 −0.48 −15.25%
2001 3.16 +0.36 +12.66%
2000 2.81 +0.21 +8.28%
1999 2.59 +0.28 +11.91%
1998 2.32 +0.16 +7.34%
1997 2.16 −0.79 −26.75%
1996 2.95 +0.95 +47.61%
1995 2 +0.66 +48.99%
1994 1.34 −0.3 −18.47%
1993 1.64 −0.49 −22.85%
1992 2.13 −0.1 −4.39%
1991 2.23 −0.72 −24.38%
1990 2.95 +0.32 +12.37%
1989 2.62 −0.23 −7.98%
1988 2.85 −0.36 −11.11%
1987 3.21 −0.35 −9.97%
1986 3.56 −0.12 −3.2%
1985 3.68 +0.37 +11.2%
1984 3.31 −0.12 −3.63%
1983 3.43 +0.07 +1.96%
1982 3.37 +0.62 +22.7%
1981 2.74 −0.64 −18.87%
1980 3.38

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.