Iceland vs South Korea: Foreign Reserves, Months Import Cover, Goods
Iceland
0.634
in 2024
South Korea
0.6581
in 2024
Iceland rank
43rd
South Korea rank
40th
Foreign Reserves, Months Import Cover, Goods over time
- Iceland
- South Korea
How they compare
South Korea currently reports 0.6581 against 0.634 in Iceland, a difference of 0.0241.
The two have swapped places 5 times across 34 shared years of data; in 1991 it was Iceland ahead.
Iceland ranks 43rd and South Korea ranks 40th of 116 countries.
Across the 4 decades both report, Iceland averaged higher in 2 and South Korea in 2.
Head to head by decade
| Decade | Iceland | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2507 | 0.2944 | 0.0436 | South Korea |
| 2000s | 0.3957 | 0.7492 | 0.3535 | South Korea |
| 2010s | 1.07 | 0.7399 | 0.3327 | Iceland |
| 2020s | 0.7697 | 0.7182 | 0.0515 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign reserves, months import cover, goods, Iceland or South Korea?
- South Korea, at 0.6581 against 0.634 in Iceland as of 2024.
- What is the difference in foreign reserves, months import cover, goods between Iceland and South Korea?
- 0.0241, with South Korea ahead.
- How many years of comparable data are there for Iceland and South Korea?
- 34 years are reported by both, from 1991 to 2024.
- How do Iceland and South Korea rank globally for foreign reserves, months import cover, goods?
- Iceland ranks 43rd and South Korea ranks 40th 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.