Reserves in months of imports — all countries

Reserves in months of imports — Venezuela

Reserves in months of imports in Venezuela in 2016 — 3.65 months. Ranked 96 in the world out of 168. Since 1970, the indicator has fallen by 17.2%.

2016 3.65 months +8.37% vs 2015
World rank 96of 168
Period maximum 16.21 months1974
Period minimum 2.78 months2013

Trend over time

1970–2016 · months of imports

Reserves in months of imports — Venezuela, 1970–20160510152019701975198019851990199520002005201020151970: 4.41 months1971: 5.82 months1972: 7.12 months1973: 8.93 months1974: 16.21 months1975: 15.44 months1976: 11.68 months1977: 8.32 months1978: 6.38 months1979: 10.18 months1980: 9.39 months1981: 7.59 months1982: 5.97 months1983: 11.35 months1984: 10.63 months1985: 12.27 months1986: 9.79 months1987: 9.74 months1988: 5.09 months1989: 7.9 months1990: 11.86 months1991: 10.73 months1992: 7.83 months1993: 8.49 months1994: 8.96 months1995: 6.21 months1996: 10.63 months1997: 8.93 months1998: 6.84 months1999: 8.09 months2000: 7.41 months2001: 5.16 months2002: 6.75 months2003: 13.83 months2004: 10.31 months2005: 10.02 months2006: 9.03 months2007: 5.96 months2008: 7.03 months2009: 6.66 months2010: 5.56 months2011: 4.16 months2012: 3.6 months2013: 2.78 months2014: 3.5 months2015: 3.37 months2016: 3.65 months
Change over the period: −0.76 (−17.23%) Average annual rate: -0.41 %

Comparison, 2016

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

Venezuela 3.65 months
World 12.94 months
South America computed 11.07 months
Reserves in months of imports — Venezuela, by year Venezuela All countries CSV XLSX
Year months Change Change, %
2016 3.65 +0.28 +8.37%
2015 3.37 −0.13 −3.76%
2014 3.5 +0.72 +25.79%
2013 2.78 −0.82 −22.65%
2012 3.6 −0.56 −13.5%
2011 4.16 −1.4 −25.17%
2010 5.56 −1.09 −16.42%
2009 6.66 −0.37 −5.28%
2008 7.03 +1.07 +17.94%
2007 5.96 −3.07 −34%
2006 9.03 −0.99 −9.89%
2005 10.02 −0.29 −2.85%
2004 10.31 −3.52 −25.46%
2003 13.83 +7.08 +104.84%
2002 6.75 +1.59 +30.85%
2001 5.16 −2.25 −30.38%
2000 7.41 −0.68 −8.39%
1999 8.09 +1.25 +18.3%
1998 6.84 −2.09 −23.45%
1997 8.93 −1.7 −15.95%
1996 10.63 +4.42 +71.27%
1995 6.21 −2.76 −30.74%
1994 8.96 +0.47 +5.51%
1993 8.49 +0.66 +8.43%
1992 7.83 −2.9 −27.01%
1991 10.73 −1.13 −9.5%
1990 11.86 +3.96 +50.22%
1989 7.9 +2.8 +55.07%
1988 5.09 −4.65 −47.72%
1987 9.74 −0.05 −0.55%
1986 9.79 −2.48 −20.18%
1985 12.27 +1.64 +15.42%
1984 10.63 −0.72 −6.34%
1983 11.35 +5.38 +89.96%
1982 5.97 −1.62 −21.28%
1981 7.59 −1.8 −19.21%
1980 9.39 −0.78 −7.7%
1979 10.18 +3.79 +59.45%
1978 6.38 −1.94 −23.31%
1977 8.32 −3.36 −28.76%
1976 11.68 −3.76 −24.33%
1975 15.44 −0.76 −4.71%
1974 16.21 +7.27 +81.44%
1973 8.93 +1.81 +25.43%
1972 7.12 +1.3 +22.38%
1971 5.82 +1.4 +31.82%
1970 4.41

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.