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

Iceland
0.634
in 2024
South Africa
0.6505
in 2024
Iceland rank
43rd
South Africa rank
41st

Foreign Reserves, Months Import Cover, Goods over time

  • Iceland
  • South Africa
00.511.5199120072024

How they compare

South Africa currently reports 0.6505 against 0.634 in Iceland, a difference of 0.0165.

The two have swapped places 7 times across 33 shared years of data; in 1992 it was Iceland ahead.

Iceland ranks 43rd and South Africa ranks 41st of 116 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland South Africa Difference Ahead
1990s 0.2447 0.2101 0.0346 Iceland
2000s 0.3957 0.3662 0.0295 Iceland
2010s 1.07 0.5415 0.531 Iceland
2020s 0.7697 0.6446 0.1251 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 Africa?
South Africa, at 0.6505 against 0.634 in Iceland as of 2024.
What is the difference in foreign reserves, months import cover, goods between Iceland and South Africa?
0.0165, with South Africa ahead.
How many years of comparable data are there for Iceland and South Africa?
33 years are reported by both, from 1992 to 2024.
How do Iceland and South Africa rank globally for foreign reserves, months import cover, goods?
Iceland ranks 43rd and South Africa 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 Africa: Foreign Reserves, Months Import Cover, Goods. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 17 August 2026, from https://reference.statizoid.com/compare/foreign-reserves-months-import-cover-goods/iceland/south-africa/

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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, 3,278 data points, 1991–2024
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.