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.
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 0.516, and the mean is 4.3.
The gap between the highest and lowest reporting country is a factor of about 13,858.
Over the past decade 73 countries rose and 42 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 | 5.45 | 2025 | up 75.5% | rising |
| 3 | Switzerland | 3.11 | 2016 | up 1,243.7% | volatile |
| 4 | Russia | 2.47 | 2025 | up 29.9% | volatile |
| 5 | Algeria | 2.43 | 2016 | down 32.3% | rising |
| 6 | Lebanon | 2.3 | 2016 | up 55.9% | rising |
| 7 | Syria | 2.25 | 2010 | up 25,722.1% | volatile |
| 8 | Taiwan | 1.91 | 2016 | up 47.1% | rising |
| 9 | Saudi Arabia | 1.82 | 2025 | down 48.5% | volatile |
| 10 | Japan | 1.66 | 2025 | down 11.1% | rising |
| 11 | Peru | 1.54 | 2025 | down 6.4% | rising |
| 12 | Israel | 1.52 | 2018 | up 131.2% | rising |
| 13 | Mauritius | 1.49 | 2025 | up 70.5% | rising |
| 14 | Uruguay | 1.47 | 2025 | down 10.8% | rising |
| 15 | Jordan | 1.37 | 2025 | up 19.2% | flat |
| 16 | China | 1.33 | 2025 | down 34.2% | rising |
| 17 | Brazil | 1.28 | 2025 | down 37.9% | rising |
| 18 | Brunei | 1.07 | 2015 | — | rising |
| 19 | Botswana | 1.06 | 2018 | down 39.6% | falling |
| 20 | Singapore | 1.03 | 2025 | down 9.5% | rising |
| 21 | Kuwait | 1.01 | 2016 | up 29.9% | rising |
| 22 | Kazakhstan | 1 | 2025 | up 11.6% | rising |
| 23 | Colombia | 0.9976 | 2025 | up 10.4% | rising |
| 24 | Nicaragua | 0.9224 | 2025 | up 100.7% | rising |
| 25 | India | 0.9115 | 2025 | up 2.3% | rising |
| 26 | Oman | 0.8767 | 2016 | up 48.1% | rising |
| 27 | Kenya | 0.8604 | 2025 | up 41.6% | rising |
| 28 | Albania | 0.8372 | 2025 | up 15.5% | rising |
| 29 | Jamaica | 0.8366 | 2025 | up 73.1% | volatile |
| 30 | Philippines | 0.8255 | 2025 | down 27.3% | rising |
| 31 | Denmark | 0.8119 | 2025 | up 15.1% | rising |
| 32 | Thailand | 0.8106 | 2025 | up 4.6% | rising |
| 33 | Norway | 0.7931 | 2025 | up 5.5% | rising |
| 34 | Bulgaria | 0.7747 | 2025 | up 2.9% | volatile |
| 35 | Tonga | 0.7548 | 2013 | up 127.9% | rising |
| 36 | Nigeria | 0.7435 | 2016 | down 57.5% | falling |
| 37 | South Africa | 0.7226 | 2025 | up 35.1% | rising |
| 38 | Czechia | 0.6938 | 2025 | up 52.3% | rising |
| 39 | Haiti | 0.6878 | 2013 | up 1,472.7% | volatile |
| 40 | Costa Rica | 0.6805 | 2025 | up 28.0% | rising |
| 41 | South Korea | 0.6774 | 2025 | down 19.7% | rising |
| 42 | Iceland | 0.677 | 2025 | down 27.7% | volatile |
| 43 | Gabon | 0.6754 | 2008 | up 390.4% | volatile |
| 44 | Kyrgyzstan | 0.6638 | 2025 | up 53.9% | falling |
| 45 | Indonesia | 0.6487 | 2025 | down 12.6% | rising |
| 46 | Poland | 0.638 | 2025 | up 32.3% | flat |
| 47 | Dominica | 0.6358 | 2018 | up 184.8% | volatile |
| 48 | Bosnia and Herzegovina | 0.6303 | 2025 | up 18.3% | rising |
| 49 | Chile | 0.6254 | 2025 | down 33.2% | volatile |
| 50 | Ukraine | 0.6174 | 2024 | up 350.8% | rising |
| 51 | Mongolia | 0.6137 | 2025 | up 76.7% | rising |
| 52 | Hong Kong | 0.5871 | 2025 | down 14.4% | rising |
| 53 | New Zealand | 0.5854 | 2025 | up 45.8% | rising |
| 54 | Central African Republic | 0.5761 | 2008 | down 74.6% | volatile |
| 55 | Moldova | 0.5508 | 2025 | up 25.7% | rising |
| 56 | Morocco | 0.5479 | 2025 | down 8.3% | falling |
| 57 | Turkey | 0.5355 | 2025 | up 0.6% | flat |
| 58 | Guatemala | 0.5234 | 2016 | up 58.8% | rising |
| 59 | Egypt | 0.5086 | 2025 | up 129.9% | volatile |
| 60 | Paraguay | 0.5034 | 2025 | up 6.3% | volatile |
| 61 | Uganda | 0.5003 | 2018 | down 12.1% | falling |
| 62 | Dominican Republic | 0.4931 | 2025 | up 58.2% | rising |
| 63 | Bangladesh | 0.4907 | 2025 | down 29.5% | rising |
| 64 | Samoa | 0.4477 | 2018 | up 35.8% | falling |
| 65 | North Macedonia | 0.4424 | 2025 | up 15.3% | rising |
| 66 | Pakistan | 0.4046 | 2025 | down 8.3% | volatile |
| 67 | Armenia | 0.3911 | 2025 | down 28.6% | rising |
| 68 | Mexico | 0.3794 | 2025 | down 15.2% | rising |
| 69 | Hungary | 0.3731 | 2025 | up 3.0% | falling |
| 70 | Seychelles | 0.3701 | 2015 | up 403.6% | volatile |
| 71 | Bolivia | 0.3701 | 2025 | down 72.3% | volatile |
| 72 | Malaysia | 0.3698 | 2025 | down 31.6% | rising |
| 73 | Honduras | 0.3593 | 2016 | down 0.2% | falling |
| 74 | Zambia | 0.3532 | 2015 | up 56.4% | rising |
| 75 | Georgia | 0.3292 | 2025 | down 4.1% | rising |
| 76 | Sierra Leone | 0.3199 | 2008 | up 73.4% | rising |
| 77 | Sri Lanka | 0.3194 | 2025 | down 17.1% | falling |
| 78 | Tunisia | 0.3046 | 2025 | down 17.0% | rising |
| 79 | Myanmar | 0.2956 | 2016 | down 39.7% | volatile |
| 80 | Sweden | 0.2806 | 2025 | down 28.1% | flat |
| 81 | El Salvador | 0.2696 | 2025 | down 0.4% | falling |
| 82 | Maldives | 0.2439 | 2018 | up 40.0% | falling |
| 83 | Latvia | 0.2389 | 2016 | down 37.8% | falling |
| 84 | Vietnam | 0.2344 | 2018 | down 23.7% | falling |
| 85 | Belarus | 0.2254 | 2025 | up 142.8% | rising |
| 86 | Australia | 0.2186 | 2025 | up 1.6% | falling |
| 87 | Canada | 0.2175 | 2025 | up 17.3% | rising |
| 88 | Malawi | 0.2146 | 2014 | up 55.6% | volatile |
| 89 | Bahrain | 0.2115 | 2016 | up 67,799.2% | volatile |
| 90 | United Kingdom | 0.2074 | 2025 | down 6.9% | rising |
| 91 | Finland | 0.1924 | 2025 | up 38.4% | falling |
| 92 | Ecuador | 0.1839 | 2016 | up 68.9% | rising |
| 93 | Spain | 0.1791 | 2025 | up 21.8% | volatile |
| 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 | Slovakia | 0.1478 | 2025 | up 267.4% | volatile |
| 98 | Venezuela | 0.1465 | 2013 | down 92.7% | volatile |
| 99 | Italy | 0.1449 | 2025 | up 17.0% | falling |
| 100 | Lithuania | 0.1443 | 2025 | up 140.5% | falling |
| 101 | Portugal | 0.1274 | 2025 | up 22.5% | volatile |
| 102 | Romania | 0.1214 | 2025 | down 1.1% | volatile |
| 103 | France | 0.1197 | 2025 | up 12.2% | falling |
| 104 | Luxembourg | 0.0989 | 2025 | up 177.1% | volatile |
| 105 | Estonia | 0.0961 | 2025 | up 236.7% | volatile |
| 106 | Greece | 0.0902 | 2025 | up 78.6% | volatile |
| 107 | Croatia | 0.0829 | 2025 | down 88.6% | rising |
| 108 | United States | 0.0794 | 2025 | up 49.7% | falling |
| 109 | Ireland | 0.0734 | 2025 | up 183.5% | volatile |
| 110 | Germany | 0.0718 | 2025 | up 18.7% | volatile |
| 111 | Cyprus | 0.0684 | 2025 | up 38.1% | volatile |
| 112 | Austria | 0.0663 | 2025 | down 25.1% | volatile |
| 113 | Belgium | 0.0464 | 2025 | up 4.3% | volatile |
| 114 | Netherlands | 0.0458 | 2025 | up 8.6% | volatile |
| 115 | Slovenia | 0.0443 | 2025 | up 33.7% | 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) 1.02
- Upper middle income 0.9752
- Middle income 0.9175
- South Asia 0.8808
- Lower middle income 0.7791
- Europe & Central Asia (excluding high income) 0.7359
- Latin America & Caribbean (excluding high income) 0.6515
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.