Foreign Reserves, Months Import Cover, Goods in Algeria

Algeria: Foreign Reserves, Months Import Cover, Goods was 2.43 in 2016. ▲ Rising

Latest (2016)
2.43
Change on year
down 13.1%
World rank
4th
of 116 countries
All-time high
4
in 2007
All-time low
1.8
in 2001
Years of data
16
2001–2016

Foreign Reserves, Months Import Cover, Goods in Algeria, 2001–2016

012342001200820162001: 1.82002: 1.92003: 2.42004: 2.42005: 2.72006: 3.62007: 42008: 3.62009: 3.82010: 42011: 3.92012: 3.82013: 3.62014: 3.12015: 2.82016: 2.4

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in Algeria is 2.43, measured in 2016.

That represents a change of down 13.1% on the previous year and down 32.3% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Algeria peaked at 4 in 2007 and was at its lowest, 1.8, in 2001.

Algeria ranks 4th of 116 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.92 1.8 4 9
2010s 3.36 2.43 3.99 7

Countries ranked near Algeria

  1. 1 Rwanda 421.22 compare
  2. 2 Qatar 4.69 compare
  3. 3 Switzerland 3.11 compare
  4. 5 Lebanon 2.3 compare
  5. 6 Syria 2.25 compare
  6. 7 Russia 2.02 compare

See the full ranking of 126 places →

More reference data data for Algeria

All data for Algeria →

Frequently asked questions

What is foreign reserves, months import cover, goods in Algeria?
Foreign reserves, months import cover, goods in Algeria was 2.43 in 2016, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Algeria?
The highest recorded value was 4 in 2007.
What is the lowest foreign reserves, months import cover, goods recorded in Algeria?
The lowest recorded value was 1.8 in 2001.
How does Algeria rank for foreign reserves, months import cover, goods?
Algeria ranks 4th out of 116 countries with data for 2016.
Is foreign reserves, months import cover, goods rising or falling in Algeria?
Over the last ten years it is down 32.3%. The long-run trend across the full record is rising.
Where does this Algeria data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Foreign Reserves, Months Import Cover, Goods. Statizoid updates them automatically from the source API.

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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.