Reserves in months of imports — all countries

Reserves in months of imports — Northern Africa

Reserves in months of imports in Northern Africa in 2023 — 10.26 months. Since 1977, the indicator has risen by 325.7%.

2023 10.26 months +12.37% vs 2022
World rank
Period maximum 17.95 months2009
Period minimum 1.76 months1984

Trend over time

1977–2023 · months of imports

Reserves in months of imports — Northern Africa, 1977–20230510152019771982198719921997200220072012201720221977: 2.41 months1978: 2.72 months1979: 3.53 months1980: 3.57 months1981: 2.6 months1982: 2.45 months1983: 2.19 months1984: 1.76 months1985: 2.49 months1986: 2.55 months1987: 3.21 months1988: 2.51 months1989: 2.31 months1990: 3.56 months1991: 4.25 months1992: 6.3 months1993: 6.43 months1994: 7 months1995: 7.17 months1996: 7.48 months1997: 7.44 months1998: 8.08 months1999: 7.51 months2000: 7.42 months2001: 8.51 months2002: 8.46 months2003: 10.32 months2004: 9.91 months2005: 13.06 months2006: 15.58 months2007: 16.82 months2008: 14.78 months2009: 17.95 months2010: 17.39 months2011: 16.42 months2012: 15.55 months2013: 14.86 months2014: 12.79 months2015: 12.97 months2016: 13.6 months2017: 12.28 months2018: 11.51 months2019: 11.1 months2020: 12.93 months2021: 10.33 months2022: 9.13 months2023: 10.26 months
Change over the period: +7.85 (+325.71%) Average annual rate: 3.2 %

Comparison, 2023

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

Northern Africa 10.26 months
World 9.25 months
Reserves in months of imports — Northern Africa, by year Northern Africa All countries CSV XLSX
Year months Change Change, %
2023 10.26 +1.13 +12.37%
2022 9.13 −1.2 −11.57%
2021 10.33 −2.6 −20.12%
2020 12.93 +1.82 +16.44%
2019 11.1 −0.4 −3.51%
2018 11.51 −0.77 −6.29%
2017 12.28 −1.33 −9.75%
2016 13.6 +0.63 +4.87%
2015 12.97 +0.18 +1.44%
2014 12.79 −2.07 −13.95%
2013 14.86 −0.68 −4.39%
2012 15.55 −0.87 −5.31%
2011 16.42 −0.97 −5.59%
2010 17.39 −0.56 −3.12%
2009 17.95 +3.17 +21.42%
2008 14.78 −2.04 −12.12%
2007 16.82 +1.24 +7.97%
2006 15.58 +2.52 +19.28%
2005 13.06 +3.15 +31.76%
2004 9.91 −0.41 −3.96%
2003 10.32 +1.86 +21.95%
2002 8.46 −0.05 −0.59%
2001 8.51 +1.1 +14.81%
2000 7.42 −0.1 −1.29%
1999 7.51 −0.57 −7.04%
1998 8.08 +0.64 +8.63%
1997 7.44 −0.04 −0.47%
1996 7.48 +0.31 +4.31%
1995 7.17 +0.17 +2.4%
1994 7 +0.57 +8.82%
1993 6.43 +0.13 +2.02%
1992 6.3 +2.05 +48.24%
1991 4.25 +0.69 +19.49%
1990 3.56 +1.25 +54.13%
1989 2.31 −0.2 −7.92%
1988 2.51 −0.7 −21.8%
1987 3.21 +0.66 +25.71%
1986 2.55 +0.06 +2.55%
1985 2.49 +0.73 +41.23%
1984 1.76 −0.43 −19.67%
1983 2.19 −0.25 −10.39%
1982 2.45 −0.15 −5.86%
1981 2.6 −0.97 −27.14%
1980 3.57 +0.04 +1.04%
1979 3.53 +0.81 +29.88%
1978 2.72 +0.31 +12.8%
1977 2.41

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.