Foreign Reserves, Months Import Cover, Goods in Algeria
Algeria: Foreign Reserves, Months Import Cover, Goods was 2.43 in 2016. ▲ Rising
Foreign Reserves, Months Import Cover, Goods in Algeria, 2001–2016
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 5th 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.
Foreign Reserves, Months Import Cover, Goods in Algeria, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 1.8 | — |
| 2002 | 1.92 | +6.7% |
| 2003 | 2.45 | +27.4% |
| 2004 | 2.39 | -2.4% |
| 2005 | 2.75 | +15.1% |
| 2006 | 3.6 | +30.8% |
| 2007 | 4 | +11.4% |
| 2008 | 3.62 | -9.5% |
| 2009 | 3.79 | +4.6% |
| 2010 | 3.99 | +5.3% |
| 2011 | 3.88 | -2.8% |
| 2012 | 3.82 | -1.7% |
| 2013 | 3.56 | -6.8% |
| 2014 | 3.07 | -13.6% |
| 2015 | 2.8 | -8.8% |
| 2016 | 2.43 | -13.1% |
Algeria compared with similar countries
- Algeria's 2.43 is above the median for upper middle income countries, which is 0.6174, 3.9× the median. (39 countries reporting)
- Algeria's 2.43 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.19, 2.0× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.92 | 1.8 | 4 | 9 |
| 2010s | 3.36 | 2.43 | 3.99 | 7 |
Countries ranked near Algeria
More reference data data for Algeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2569 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.41 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.36 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2959 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.36 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.8614 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.3259 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.2 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 22.66 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.61 (2050)
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 5th 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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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.