Foreign Reserves, Months Import Cover, Goods by country
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.
Countries reporting
116
Highest
421.22
Rwanda
Lowest
0.0304
Tajikistan
Median
0.4694
Years covered
34
1991–2024
Data points
3,278
What the numbers show
Foreign Reserves, Months Import Cover, Goods is currently reported for 116 countries. The highest value is 421.22 in Rwanda; the lowest is 0.0304 in Tajikistan.
The median across all reporting countries is 0.4694, and the mean is 4.26.
The gap between the highest and lowest reporting country is a factor of about 13,858.
Over the past decade 78 countries rose and 37 fell. The largest increase was in Rwanda (up 110,067.0%), and the largest decrease in Venezuela (down 92.7%).
Foreign Reserves, Months Import Cover, Goods: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Rwanda | 421.22 | 2015 | up 110,067.0% | volatile |
| 2 | Qatar | 4.69 | 2024 | up 33.4% | rising |
| 3 | Switzerland | 3.11 | 2016 | up 1,243.7% | volatile |
| 4 | Algeria | 2.43 | 2016 | down 32.3% | rising |
| 5 | Lebanon | 2.3 | 2016 | up 55.9% | rising |
| 6 | Syria | 2.25 | 2010 | up 25,722.1% | volatile |
| 7 | Russia | 2.02 | 2024 | up 62.6% | volatile |
| 8 | Taiwan | 1.91 | 2016 | up 47.1% | rising |
| 9 | Saudi Arabia | 1.88 | 2024 | down 55.4% | volatile |
| 10 | Japan | 1.56 | 2024 | up 2.9% | rising |
| 11 | Peru | 1.52 | 2024 | up 0.1% | rising |
| 12 | Israel | 1.52 | 2018 | up 131.2% | rising |
| 13 | Uruguay | 1.39 | 2024 | down 9.4% | rising |
| 14 | China | 1.28 | 2024 | down 35.2% | rising |
| 15 | Brazil | 1.26 | 2024 | down 20.2% | rising |
| 16 | Mauritius | 1.24 | 2024 | up 79.1% | rising |
| 17 | Jordan | 1.23 | 2024 | up 14.4% | flat |
| 18 | Singapore | 1.09 | 2024 | up 21.4% | rising |
| 19 | Brunei | 1.07 | 2015 | — | rising |
| 20 | Botswana | 1.06 | 2018 | down 39.6% | falling |
| 21 | Colombia | 1.03 | 2024 | up 33.4% | rising |
| 22 | Kuwait | 1.01 | 2016 | up 29.9% | rising |
| 23 | India | 0.8856 | 2024 | up 27.7% | rising |
| 24 | Oman | 0.8766 | 2016 | up 48.1% | rising |
| 25 | Philippines | 0.8318 | 2024 | down 31.7% | rising |
| 26 | Kenya | 0.8096 | 2024 | up 52.7% | rising |
| 27 | Norway | 0.801 | 2024 | up 10.6% | rising |
| 28 | Denmark | 0.7781 | 2024 | up 11.1% | rising |
| 29 | Thailand | 0.7699 | 2024 | up 11.6% | rising |
| 30 | Jamaica | 0.764 | 2024 | up 123.2% | volatile |
| 31 | Kazakhstan | 0.758 | 2024 | up 7.5% | rising |
| 32 | Tonga | 0.7548 | 2013 | up 127.9% | rising |
| 33 | Nigeria | 0.7434 | 2016 | down 57.5% | falling |
| 34 | Nicaragua | 0.7217 | 2024 | up 72.8% | rising |
| 35 | Haiti | 0.6878 | 2013 | up 1,472.7% | volatile |
| 36 | Albania | 0.6773 | 2024 | up 33.1% | rising |
| 37 | Gabon | 0.6754 | 2008 | up 390.4% | volatile |
| 38 | Hong Kong | 0.6673 | 2024 | up 10.5% | rising |
| 39 | Indonesia | 0.6615 | 2024 | up 5.4% | rising |
| 40 | South Korea | 0.6581 | 2024 | down 4.9% | rising |
| 41 | South Africa | 0.6505 | 2024 | up 32.2% | rising |
| 42 | Dominica | 0.6357 | 2018 | up 184.8% | volatile |
| 43 | Iceland | 0.634 | 2024 | down 17.2% | volatile |
| 44 | Czechia | 0.6272 | 2024 | up 77.7% | rising |
| 45 | Ukraine | 0.6174 | 2024 | up 350.8% | rising |
| 46 | Moldova | 0.6048 | 2024 | up 49.5% | rising |
| 47 | Costa Rica | 0.5989 | 2024 | up 29.1% | rising |
| 48 | Bosnia and Herzegovina | 0.5952 | 2024 | up 33.2% | rising |
| 49 | Poland | 0.5862 | 2024 | up 30.5% | flat |
| 50 | Chile | 0.5777 | 2024 | down 39.9% | volatile |
| 51 | Central African Republic | 0.5761 | 2008 | down 74.6% | volatile |
| 52 | Paraguay | 0.5289 | 2024 | up 14.4% | volatile |
| 53 | Guatemala | 0.5234 | 2016 | up 58.8% | rising |
| 54 | Egypt | 0.5073 | 2024 | up 143.9% | volatile |
| 55 | Uganda | 0.5002 | 2018 | down 12.1% | falling |
| 56 | Morocco | 0.4892 | 2024 | up 10.3% | falling |
| 57 | Turkey | 0.4833 | 2024 | down 7.9% | flat |
| 58 | Mongolia | 0.4751 | 2024 | up 51.0% | rising |
| 59 | New Zealand | 0.4637 | 2024 | up 24.3% | rising |
| 60 | Dominican Republic | 0.4488 | 2024 | up 59.3% | rising |
| 61 | Samoa | 0.4478 | 2018 | up 35.8% | falling |
| 62 | North Macedonia | 0.44 | 2024 | up 7.3% | rising |
| 63 | Bangladesh | 0.4152 | 2024 | down 22.5% | rising |
| 64 | Kyrgyzstan | 0.4108 | 2024 | up 20.1% | falling |
| 65 | Bulgaria | 0.4044 | 2024 | up 37.3% | volatile |
| 66 | Malaysia | 0.3876 | 2024 | down 30.2% | rising |
| 67 | Seychelles | 0.3701 | 2015 | up 403.6% | volatile |
| 68 | Mexico | 0.3597 | 2024 | down 25.6% | rising |
| 69 | Honduras | 0.3593 | 2016 | down 0.2% | falling |
| 70 | Zambia | 0.3532 | 2015 | up 56.4% | rising |
| 71 | Tunisia | 0.353 | 2024 | up 14.2% | rising |
| 72 | Sri Lanka | 0.3253 | 2024 | down 23.1% | falling |
| 73 | Pakistan | 0.324 | 2024 | up 7.9% | volatile |
| 74 | Sierra Leone | 0.3199 | 2008 | up 73.4% | rising |
| 75 | Hungary | 0.3169 | 2024 | down 21.1% | falling |
| 76 | Myanmar | 0.2956 | 2016 | down 39.7% | volatile |
| 77 | Sweden | 0.2753 | 2024 | down 22.8% | flat |
| 78 | Georgia | 0.2639 | 2024 | down 16.0% | rising |
| 79 | Maldives | 0.2439 | 2018 | up 40.0% | falling |
| 80 | Latvia | 0.2389 | 2016 | down 37.8% | falling |
| 81 | Vietnam | 0.2344 | 2018 | down 23.7% | falling |
| 82 | El Salvador | 0.2317 | 2024 | down 9.5% | falling |
| 83 | Malawi | 0.2146 | 2014 | up 55.6% | volatile |
| 84 | Armenia | 0.2139 | 2024 | down 36.2% | rising |
| 85 | Bahrain | 0.2115 | 2016 | up 67,798.7% | volatile |
| 86 | Canada | 0.2089 | 2024 | up 33.1% | rising |
| 87 | Australia | 0.2038 | 2024 | down 8.7% | falling |
| 88 | Bolivia | 0.199 | 2024 | down 86.2% | volatile |
| 89 | United Kingdom | 0.1954 | 2024 | up 19.4% | rising |
| 90 | Spain | 0.1844 | 2024 | up 62.4% | volatile |
| 91 | Ecuador | 0.1839 | 2016 | up 68.9% | rising |
| 92 | Finland | 0.1781 | 2024 | up 54.7% | falling |
| 93 | Lithuania | 0.1652 | 2024 | down 34.9% | falling |
| 94 | Panama | 0.1601 | 2018 | down 40.6% | falling |
| 95 | Belize | 0.1537 | 2018 | up 55.9% | rising |
| 96 | Burundi | 0.1534 | 2016 | down 49.4% | flat |
| 97 | Italy | 0.1489 | 2024 | up 36.5% | falling |
| 98 | Belarus | 0.1468 | 2024 | up 70.4% | rising |
| 99 | Venezuela | 0.1465 | 2013 | down 92.7% | volatile |
| 100 | Slovakia | 0.1292 | 2024 | up 285.1% | volatile |
| 101 | France | 0.1145 | 2024 | up 40.1% | falling |
| 102 | Romania | 0.1089 | 2024 | down 13.5% | volatile |
| 103 | Luxembourg | 0.0995 | 2024 | up 207.9% | volatile |
| 104 | Portugal | 0.0951 | 2024 | up 35.7% | volatile |
| 105 | Estonia | 0.0932 | 2024 | up 285.5% | volatile |
| 106 | Ireland | 0.0803 | 2024 | up 333.4% | volatile |
| 107 | United States | 0.0777 | 2024 | up 38.3% | falling |
| 108 | Germany | 0.0743 | 2024 | up 32.7% | volatile |
| 109 | Cyprus | 0.0727 | 2024 | up 55.9% | volatile |
| 110 | Croatia | 0.0723 | 2024 | down 89.2% | rising |
| 111 | Greece | 0.0645 | 2024 | up 94.2% | volatile |
| 112 | Austria | 0.0609 | 2024 | down 27.9% | volatile |
| 113 | Belgium | 0.0452 | 2024 | up 20.6% | volatile |
| 114 | Netherlands | 0.0411 | 2024 | up 9.6% | volatile |
| 115 | Slovenia | 0.038 | 2024 | up 10.8% | volatile |
| 116 | Tajikistan | 0.0304 | 2015 | down 57.3% | rising |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Low income 5.53
- Small states 4.09
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 1.14
- East Asia & Pacific (excluding high income) 1.01
- Upper middle income 0.9463
- Middle income 0.8918
- South Asia 0.8526
- Lower middle income 0.7507
- Latin America & Caribbean (excluding high income) 0.6298
- Europe & Central Asia (excluding high income) 0.6075
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.