Latin America & Caribbean (excluding high income) vs Saudi Arabia: Foreign Reserves, Months Import Cover, Goods
Latin America & Caribbean (excluding high income)
0.6298
in 2024
Saudi Arabia
1.88
in 2024
Latin America & Caribbean (excluding high income) rank
9th
Saudi Arabia rank
9th
Foreign Reserves, Months Import Cover, Goods over time
- Latin America & Caribbean (excluding high income)
- Saudi Arabia
How they compare
Saudi Arabia currently reports 1.88 against 0.6298 in Latin America & Caribbean (excluding high income), a difference of 1.25.
That makes Saudi Arabia's figure about 3.0 times Latin America & Caribbean (excluding high income)'s.
Across all 29 years both countries report, Saudi Arabia has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 9th and Saudi Arabia ranks 9th of 10 groups.
Saudi Arabia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4168 | 0.5504 | 0.1336 | Saudi Arabia |
| 2000s | 0.4803 | 2.16 | 1.68 | Saudi Arabia |
| 2010s | 0.8137 | 3.91 | 3.1 | Saudi Arabia |
| 2020s | 0.7243 | 2.54 | 1.81 | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign reserves, months import cover, goods, Latin America & Caribbean (excluding high income) or Saudi Arabia?
- Saudi Arabia, at 1.88 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 Latin America & Caribbean (excluding high income) and Saudi Arabia?
- 1.25, with Saudi Arabia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Saudi Arabia?
- 29 years are reported by both, from 1996 to 2024.
- How do Latin America & Caribbean (excluding high income) and Saudi Arabia rank globally for foreign reserves, months import cover, goods?
- Latin America & Caribbean (excluding high income) ranks 9th and Saudi Arabia ranks 9th of 10 groups.
- 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.