Reserves in months of imports — all countries

Reserves in months of imports — Zambia

Reserves in months of imports in Zambia in 2024 — 3.29 months. Ranked 95 in the world out of 150. Since 1978, the indicator has risen by 237.7%.

2024 3.29 months +9.04% vs 2023
World rank 95of 150
Period maximum 5.04 months2009
Period minimum 0.4 months1999

Trend over time

1978–2024 · months of imports

Reserves in months of imports — Zambia, 1978–2024024619781983198819931998200320082013201820231978: 0.98 months1979: 1.65 months1980: 1.25 months1981: 0.96 months1982: 1.17 months1983: 1.28 months1984: 0.6 months1985: 1.95 months1986: 0.8 months1987: 1.17 months1988: 1.06 months1989: 0.86 months1990: 1.03 months1991: 1.27 months1997: 1.76 months1998: 0.55 months1999: 0.4 months2000: 1.87 months2001: 1.21 months2002: 3.41 months2003: 1.49 months2004: 1.57 months2005: 2.11 months2006: 1.99 months2007: 2.19 months2008: 1.93 months2009: 5.04 months2010: 3.61 months2011: 3.2 months2012: 3.8 months2013: 2.65 months2014: 3.14 months2015: 3.86 months2016: 3.26 months2017: 2.51 months2018: 1.77 months2019: 2.05 months2020: 2.16 months2021: 3.51 months2022: 3.05 months2023: 3.02 months2024: 3.29 months
Change over the period: +2.32 (+237.68%) Average annual rate: 2.68 %

Comparison, 2024

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

Zambia 3.29 months
World 8.8 months
Sub-Saharan Africa 5.37 months
Lower-middle-income countries computed 5.58 months
Reserves in months of imports — Zambia, by year Zambia All countries CSV XLSX
Year months Change Change, %
2024 3.29 +0.27 +9.04%
2023 3.02 −0.03 −1.1%
2022 3.05 −0.46 −13.03%
2021 3.51 +1.35 +62.35%
2020 2.16 +0.11 +5.56%
2019 2.05 +0.28 +15.64%
2018 1.77 −0.74 −29.46%
2017 2.51 −0.75 −22.99%
2016 3.26 −0.6 −15.5%
2015 3.86 +0.72 +22.9%
2014 3.14 +0.49 +18.68%
2013 2.65 −1.16 −30.39%
2012 3.8 +0.6 +18.8%
2011 3.2 −0.41 −11.24%
2010 3.61 −1.43 −28.4%
2009 5.04 +3.11 +161.11%
2008 1.93 −0.26 −12.03%
2007 2.19 +0.2 +10.06%
2006 1.99 −0.12 −5.7%
2005 2.11 +0.55 +34.78%
2004 1.57 +0.08 +5.08%
2003 1.49 −1.91 −56.22%
2002 3.41 +2.2 +182.25%
2001 1.21 −0.67 −35.62%
2000 1.87 +1.47 +365.33%
1999 0.4 −0.15 −27.09%
1998 0.55 −1.2 −68.55%
1997 1.76
1991 1.27 +0.24 +23.34%
1990 1.03 +0.18 +20.85%
1989 0.86 −0.2 −19.19%
1988 1.06 −0.11 −9.46%
1987 1.17 +0.37 +45.79%
1986 0.8 −1.15 −58.84%
1985 1.95 +1.34 +222.69%
1984 0.6 −0.68 −52.88%
1983 1.28 +0.11 +9.62%
1982 1.17 +0.21 +21.71%
1981 0.96 −0.28 −22.88%
1980 1.25 −0.4 −24.37%
1979 1.65 +0.67 +68.83%
1978 0.98

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.