Reserves in months of imports — all countries

Reserves in months of imports — Trinidad and Tobago

Reserves in months of imports in Trinidad and Tobago in 2024 — 5.73 months. Ranked 41 in the world out of 150. Since 1975, the indicator has fallen by 37.7%.

2024 5.73 months −23.81% vs 2023
World rank 41of 150
Period maximum 13.53 months1978
Period minimum 0.97 months1988

Trend over time

1975–2024 · months of imports

Reserves in months of imports — Trinidad and Tobago, 1975–2024051015197519801985199019952000200520102015202020241975: 9.19 months1976: 10.44 months1977: 12.56 months1978: 13.53 months1979: 11.74 months1980: 11.36 months1981: 13.38 months1982: 10.21 months1983: 7.29 months1984: 5.46 months1985: 5.24 months1986: 2.79 months1987: 1.39 months1988: 0.97 months1989: 1.7 months1990: 3.3 months1991: 1.92 months1992: 1.12 months1993: 1.53 months1994: 2.3 months1995: 1.77 months1996: 2.47 months1997: 2.36 months1998: 2.62 months1999: 3.33 months2000: 3.82 months2001: 5.02 months2002: 5.36 months2003: 5.9 months2004: 6.71 months2005: 8.4 months2006: 9.82 months2007: 8.72 months2008: 9.96 months2009: 12.23 months2010: 13.35 months2011: 8.46 months2012: 7.69 months2013: 8.78 months2014: 10.8 months2015: 10.62 months2016: 10.63 months2017: 10.12 months2018: 8.73 months2019: 9.05 months2020: 9.98 months2021: 8.52 months2022: 5.23 months2023: 7.52 months2024: 5.73 months
Change over the period: −3.47 (−37.69%) Average annual rate: -0.96 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Trinidad and Tobago

Trinidad and Tobago 5.73 months
World 8.8 months
Reserves in months of imports — Trinidad and Tobago, by year Trinidad and Tobago All countries CSV XLSX
Year months Change Change, %
2024 5.73 −1.79 −23.81%
2023 7.52 +2.28 +43.64%
2022 5.23 −3.28 −38.54%
2021 8.52 −1.46 −14.68%
2020 9.98 +0.93 +10.26%
2019 9.05 +0.32 +3.64%
2018 8.73 −1.39 −13.7%
2017 10.12 −0.51 −4.76%
2016 10.63 +0.01 +0.11%
2015 10.62 −0.19 −1.74%
2014 10.8 +2.02 +23.04%
2013 8.78 +1.09 +14.22%
2012 7.69 −0.77 −9.1%
2011 8.46 −4.9 −36.68%
2010 13.35 +1.13 +9.24%
2009 12.23 +2.26 +22.69%
2008 9.96 +1.24 +14.27%
2007 8.72 −1.1 −11.23%
2006 9.82 +1.42 +16.93%
2005 8.4 +1.69 +25.19%
2004 6.71 +0.81 +13.64%
2003 5.9 +0.55 +10.23%
2002 5.36 +0.33 +6.61%
2001 5.02 +1.2 +31.44%
2000 3.82 +0.5 +14.96%
1999 3.33 +0.7 +26.76%
1998 2.62 +0.26 +11.11%
1997 2.36 −0.11 −4.29%
1996 2.47 +0.7 +39.76%
1995 1.77 −0.54 −23.37%
1994 2.3 +0.77 +50.21%
1993 1.53 +0.41 +36.76%
1992 1.12 −0.8 −41.6%
1991 1.92 −1.38 −41.86%
1990 3.3 +1.6 +94.51%
1989 1.7 +0.72 +74.51%
1988 0.97 −0.42 −30.15%
1987 1.39 −1.4 −50.06%
1986 2.79 −2.45 −46.76%
1985 5.24 −0.22 −3.98%
1984 5.46 −1.83 −25.16%
1983 7.29 −2.92 −28.57%
1982 10.21 −3.17 −23.73%
1981 13.38 +2.03 +17.84%
1980 11.36 −0.38 −3.27%
1979 11.74 −1.79 −13.23%
1978 13.53 +0.97 +7.73%
1977 12.56 +2.12 +20.34%
1976 10.44 +1.24 +13.51%
1975 9.19

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.