Reserves in months of imports — all countries

Reserves in months of imports — Northern Europe

Reserves in months of imports in Northern Europe in 2024 — 1.56 months. Since 1995, the indicator has fallen by 22.4%.

2024 1.56 months −4.23% vs 2023
World rank
Period maximum 2.12 months2020
Period minimum 1.05 months2008

Trend over time

1995–2024 · months of imports

Reserves in months of imports — Northern Europe, 1995–202411.522.5199519982001200420072010201320162019202220241995: 2 months1996: 1.81 months1997: 1.56 months1998: 1.51 months1999: 1.71 months2000: 1.59 months2001: 1.55 months2002: 1.91 months2003: 1.92 months2004: 1.77 months2005: 1.32 months2006: 1.21 months2007: 1.16 months2008: 1.05 months2009: 1.95 months2010: 1.92 months2011: 1.78 months2012: 1.9 months2013: 1.94 months2014: 1.81 months2015: 1.91 months2016: 1.88 months2017: 1.95 months2018: 1.83 months2019: 1.75 months2020: 2.12 months2021: 2 months2022: 1.66 months2023: 1.62 months2024: 1.56 months
Change over the period: −0.45 (−22.37%) Average annual rate: -0.87 %

Comparison, 2024

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

Northern Europe 1.56 months
World 8.8 months
Reserves in months of imports — Northern Europe, by year Northern Europe All countries CSV XLSX
Year months Change Change, %
2024 1.56 −0.07 −4.23%
2023 1.62 −0.04 −2.39%
2022 1.66 −0.33 −16.73%
2021 2 −0.12 −5.77%
2020 2.12 +0.37 +20.93%
2019 1.75 −0.08 −4.19%
2018 1.83 −0.12 −6.27%
2017 1.95 +0.07 +3.83%
2016 1.88 −0.03 −1.73%
2015 1.91 +0.11 +5.95%
2014 1.81 −0.13 −6.9%
2013 1.94 +0.04 +1.92%
2012 1.9 +0.13 +7.1%
2011 1.78 −0.14 −7.38%
2010 1.92 −0.03 −1.56%
2009 1.95 +0.9 +85.39%
2008 1.05 −0.11 −9.34%
2007 1.16 −0.05 −4.12%
2006 1.21 −0.11 −8.41%
2005 1.32 −0.45 −25.28%
2004 1.77 −0.15 −7.89%
2003 1.92 +0.01 +0.67%
2002 1.91 +0.36 +23.34%
2001 1.55 −0.04 −2.77%
2000 1.59 −0.12 −6.85%
1999 1.71 +0.2 +13.05%
1998 1.51 −0.05 −3.49%
1997 1.56 −0.25 −13.59%
1996 1.81 −0.19 −9.65%
1995 2

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.