Reserves in months of imports — all countries

Reserves in months of imports — Western Europe

Reserves in months of imports in Western Europe in 2025 — 4.27 months. Since 1999, the indicator has risen by 123.1%.

2025 4.27 months +45.69% vs 2024
World rank
Period maximum 4.27 months2025
Period minimum 0.93 months2008

Trend over time

1999–2025 · months of imports

Reserves in months of imports — Western Europe, 1999–2025024619992002200520082011201420172020202320251999: 1.92 months2000: 1.62 months2001: 1.55 months2002: 1.58 months2003: 1.46 months2004: 1.27 months2005: 1.04 months2006: 1.07 months2007: 1.05 months2008: 0.93 months2009: 1.65 months2010: 2.12 months2011: 2.04 months2012: 2.74 months2013: 2.4 months2014: 2.24 months2015: 2.6 months2016: 2.79 months2017: 2.85 months2018: 2.53 months2019: 2.86 months2020: 3.97 months2021: 3.43 months2022: 2.78 months2023: 2.64 months2024: 2.93 months2025: 4.27 months
Change over the period: +2.36 (+123.08%) Average annual rate: 3.13 %

Comparison, 2025

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

Western Europe 4.27 months
World 8.89 months
Reserves in months of imports — Western Europe, by year Western Europe All countries CSV XLSX
Year months Change Change, %
2025 4.27 +1.34 +45.69%
2024 2.93 +0.3 +11.27%
2023 2.64 −0.14 −5.12%
2022 2.78 −0.65 −18.95%
2021 3.43 −0.54 −13.55%
2020 3.97 +1.1 +38.62%
2019 2.86 +0.33 +13%
2018 2.53 −0.32 −11.26%
2017 2.85 +0.06 +2.28%
2016 2.79 +0.19 +7.3%
2015 2.6 +0.36 +16.11%
2014 2.24 −0.16 −6.61%
2013 2.4 −0.34 −12.39%
2012 2.74 +0.7 +34.41%
2011 2.04 −0.08 −3.9%
2010 2.12 +0.47 +28.53%
2009 1.65 +0.72 +76.82%
2008 0.93 −0.12 −11.59%
2007 1.05 −0.02 −1.47%
2006 1.07 +0.03 +2.77%
2005 1.04 −0.23 −17.82%
2004 1.27 −0.19 −13.32%
2003 1.46 −0.12 −7.67%
2002 1.58 +0.04 +2.32%
2001 1.55 −0.07 −4.32%
2000 1.62 −0.3 −15.6%
1999 1.92

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.