Nigeria vs South Africa: Foreign Reserves, Months Import Cover, Goods
Nigeria
0.7435
in 2016
South Africa
0.7226
in 2025
Nigeria rank
36th
South Africa rank
37th
Foreign Reserves, Months Import Cover, Goods over time
- Nigeria
- South Africa
How they compare
Nigeria currently reports 0.7435 against 0.7226 in South Africa, a difference of 0.0209.
The two have swapped places 2 times across 17 shared years of data; in 2000 it was Nigeria ahead.
Nigeria ranks 36th and South Africa ranks 37th of 116 countries.
Nigeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nigeria | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.12 | 0.3662 | 0.758 | Nigeria |
| 2010s | 0.6419 | 0.518 | 0.124 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign reserves, months import cover, goods, Nigeria or South Africa?
- Nigeria, at 0.7435 against 0.7226 in South Africa as of 2016.
- What is the difference in foreign reserves, months import cover, goods between Nigeria and South Africa?
- 0.0209, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and South Africa?
- 17 years are reported by both, from 2000 to 2016.
- How do Nigeria and South Africa rank globally for foreign reserves, months import cover, goods?
- Nigeria ranks 36th and South Africa ranks 37th 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.