Australia vs Latvia: Foreign Reserves, Months Import Cover, Goods
Australia
0.2186
in 2025
Latvia
0.2389
in 2016
Australia rank
86th
Latvia rank
83rd
Foreign Reserves, Months Import Cover, Goods over time
- Australia
- Latvia
How they compare
Latvia currently reports 0.2389 against 0.2186 in Australia, a difference of 0.0203.
That makes Latvia's figure about 1.1 times Australia's.
The two have swapped places 5 times across 17 shared years of data; in 2000 it was Latvia ahead.
Australia ranks 86th and Latvia ranks 83rd of 116 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.2919 | 0.3754 | 0.0834 | Latvia |
| 2010s | 0.2121 | 0.3696 | 0.1574 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign reserves, months import cover, goods, Australia or Latvia?
- Latvia, at 0.2389 against 0.2186 in Australia as of 2016.
- What is the difference in foreign reserves, months import cover, goods between Australia and Latvia?
- 0.0203, with Latvia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 17 years are reported by both, from 2000 to 2016.
- How do Australia and Latvia rank globally for foreign reserves, months import cover, goods?
- Australia ranks 86th and Latvia ranks 83rd 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.