Australia vs Canada: Foreign Reserves, Months Import Cover, Goods
Australia
0.2038
in 2024
Canada
0.2089
in 2024
Australia rank
87th
Canada rank
86th
Foreign Reserves, Months Import Cover, Goods over time
- Australia
- Canada
How they compare
Canada currently reports 0.2089 against 0.2038 in Australia, a difference of 0.0051.
The two have swapped places 3 times across 34 shared years of data; in 1991 it was Australia ahead.
Australia ranks 87th and Canada ranks 86th of 116 countries.
Australia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2762 | 0.1036 | 0.1726 | Australia |
| 2000s | 0.2919 | 0.1292 | 0.1627 | Australia |
| 2010s | 0.2263 | 0.1681 | 0.0582 | Australia |
| 2020s | 0.205 | 0.2045 | 0.0005 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign reserves, months import cover, goods, Australia or Canada?
- Canada, at 0.2089 against 0.2038 in Australia as of 2024.
- What is the difference in foreign reserves, months import cover, goods between Australia and Canada?
- 0.0051, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 34 years are reported by both, from 1991 to 2024.
- How do Australia and Canada rank globally for foreign reserves, months import cover, goods?
- Australia ranks 87th and Canada ranks 86th of 116 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream data, published as Foreign Reserves, Months Import Cover, Goods. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The stock of international reserves is expressed as the number of months of financing-coverage it represents for the given country's imports of merchandise goods.