Iceland vs South Korea: Foreign Reserves, Months Import Cover, Goods

Iceland
0.677
in 2025
South Korea
0.6774
in 2025
Iceland rank
42nd
South Korea rank
41st

Foreign Reserves, Months Import Cover, Goods over time

  • Iceland
  • South Korea
00.511.5199120082025

How they compare

South Korea currently reports 0.6774 against 0.677 in Iceland, a difference of 0.0004.

The two have swapped places 5 times across 35 shared years of data; in 1991 it was Iceland ahead.

Iceland ranks 42nd and South Korea ranks 41st 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 0.754 0.7114 0.0427 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 0.6774 against 0.677 in Iceland as of 2025.
What is the difference in foreign reserves, months import cover, goods between Iceland and South Korea?
0.0004, with South Korea ahead.
How many years of comparable data are there for Iceland and South Korea?
35 years are reported by both, from 1991 to 2025.
How do Iceland and South Korea rank globally for foreign reserves, months import cover, goods?
Iceland ranks 42nd and South Korea ranks 41st 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.

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Iceland vs South Korea: Foreign Reserves, Months Import Cover, Goods. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 29 September 2026, from https://reference.statizoid.com/compare/foreign-reserves-months-import-cover-goods/iceland/korea-rep/

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About this data

Indicator
Foreign Reserves, Months Import Cover, Goods
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
126 places, 3,364 data points, 1991–2025
Last refreshed

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.