Reserves in months of imports in Southern Europe in 2024 — 2.91 months. Since 2007, the indicator has risen by 136.3%.
2007–2024 · months of imports
How the value compares with the world and the groups this territory belongs to: Southern Europe
| Year | months | Change | Change, % |
|---|---|---|---|
| 2024 | 2.91 | +0.28 | +10.71% |
| 2023 | 2.62 | +0.03 | +1.25% |
| 2022 | 2.59 | −0.53 | −17.01% |
| 2021 | 3.12 | −0.5 | −13.85% |
| 2020 | 3.62 | +1 | +38.09% |
| 2019 | 2.62 | +0.32 | +14.09% |
| 2018 | 2.3 | −0.23 | −9.21% |
| 2017 | 2.53 | −0.01 | −0.26% |
| 2016 | 2.54 | +0.17 | +7.33% |
| 2015 | 2.37 | +0.23 | +10.87% |
| 2014 | 2.14 | −0.08 | −3.7% |
| 2013 | 2.22 | −0.37 | −14.42% |
| 2012 | 2.59 | +0.47 | +22% |
| 2011 | 2.12 | −0.02 | −0.81% |
| 2010 | 2.14 | +0.16 | +8.26% |
| 2009 | 1.98 | +0.81 | +69.7% |
| 2008 | 1.17 | −0.06 | −5.19% |
| 2007 | 1.23 | — | — |
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.