Reserves in months of imports — all countries

Reserves in months of imports — Middle Africa

Reserves in months of imports in Middle Africa in 2015 — 4.52 months. Since 2008, the indicator has risen by 23.4%.

2015 4.52 months +3.41% vs 2014
World rank
Period maximum 5.64 months2012
Period minimum 3.66 months2008

Trend over time

2008–2015 · months of imports

Reserves in months of imports — Middle Africa, 2008–20153.544.555.56200820092010201120122013201420152008: 3.66 months2009: 3.8 months2010: 4.8 months2011: 5.03 months2012: 5.64 months2013: 5.31 months2014: 4.37 months2015: 4.52 months
Change over the period: +0.86 (+23.42%) Average annual rate: 3.05 %

Comparison, 2015

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

Middle Africa 4.52 months
World 13.1 months
Reserves in months of imports — Middle Africa, by year Middle Africa All countries CSV XLSX
Year months Change Change, %
2015 4.52 +0.15 +3.41%
2014 4.37 −0.94 −17.72%
2013 5.31 −0.33 −5.8%
2012 5.64 +0.61 +12.06%
2011 5.03 +0.23 +4.78%
2010 4.8 +1 +26.31%
2009 3.8 +0.14 +3.83%
2008 3.66

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.