Japan vs Latin America & Caribbean (excluding high income): Foreign Reserves, Months Import Cover, Goods

Japan
1.56
in 2024
Latin America & Caribbean (excluding high income)
0.6298
in 2024
Japan rank
10th
Latin America & Caribbean (excluding high income) rank
9th

Foreign Reserves, Months Import Cover, Goods over time

  • Japan
  • Latin America & Caribbean (excluding high income)
0.511.52199120072024

How they compare

Japan currently reports 1.56 against 0.6298 in Latin America & Caribbean (excluding high income), a difference of 0.9302.

That makes Japan's figure about 2.5 times Latin America & Caribbean (excluding high income)'s.

Across all 29 years both countries report, Japan has been ahead every year.

Japan ranks 10th and Latin America & Caribbean (excluding high income) ranks 9th of 116 countries.

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

Head to head by decade

Decade Japan Latin America & Caribbean (excluding high income) Difference Ahead
1990s 0.7422 0.4168 0.3254 Japan
2000s 1.49 0.4803 1.01 Japan
2010s 1.65 0.8137 0.8363 Japan
2020s 1.67 0.7243 0.941 Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher foreign reserves, months import cover, goods, Japan or Latin America & Caribbean (excluding high income)?
Japan, at 1.56 against 0.6298 in Latin America & Caribbean (excluding high income) as of 2024.
What is the difference in foreign reserves, months import cover, goods between Japan and Latin America & Caribbean (excluding high income)?
0.9302, with Japan ahead.
How many years of comparable data are there for Japan and Latin America & Caribbean (excluding high income)?
29 years are reported by both, from 1996 to 2024.
How do Japan and Latin America & Caribbean (excluding high income) rank globally for foreign reserves, months import cover, goods?
Japan ranks 10th and Latin America & Caribbean (excluding high income) ranks 9th 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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Japan vs Latin America & Caribbean (excluding high income): Foreign Reserves, Months Import Cover, Goods. Statizoid, drawing on World Bank staff calculations based on Datastream data. Retrieved 06 September 2026, from https://reference.statizoid.com/compare/foreign-reserves-months-import-cover-goods/japan/latin-america-and-caribbean-excluding-high-income/

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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.