Foreign Reserves, Months Import Cover, Goods in Armenia

Armenia: Foreign Reserves, Months Import Cover, Goods was 0.2139 in 2024. ▲ Rising

Latest (2024)
0.2139
Change on year
down 28.1%
World rank
84th
of 116 countries
All-time high
0.674
in 2016
All-time low
0.2139
in 2024
Years of data
25
2000–2024

Foreign Reserves, Months Import Cover, Goods in Armenia, 2000–2024

0.20.30.40.50.60.72000201220242000: 0.3612001: 0.3842002: 0.4492003: 0.42004: 0.432005: 0.4282006: 0.4952007: 0.5142008: 0.3192009: 0.6072010: 0.4972011: 0.4662012: 0.4222013: 0.5132014: 0.3352015: 0.5482016: 0.6742017: 0.5522018: 0.4572019: 0.5212020: 0.582021: 0.6142022: 0.4752023: 0.2972024: 0.214

Source: World Bank staff calculations based on Datastream data.

Analysis

Armenia recorded 0.2139 for foreign reserves, months import cover, goods in 2024. That is the lowest value across all 25 years on record.

Compared with earlier readings it is down 28.1% on the previous year and down 36.2% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Armenia peaked at 0.674 in 2016 and was at its lowest, 0.2139, in 2024.

That places Armenia 84th out of 116 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.4388 0.3194 0.6074 10
2010s 0.4986 0.3355 0.674 10
2020s 0.4362 0.2139 0.6139 5

Countries ranked near Armenia

  1. 81 Vietnam 0.2344 compare
  2. 82 El Salvador 0.2317 compare
  3. 83 Malawi 0.2146 compare
  4. 85 Bahrain 0.2115 compare
  5. 86 Canada 0.2089 compare
  6. 87 Australia 0.2038 compare

See the full ranking of 126 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is foreign reserves, months import cover, goods in Armenia?
Foreign reserves, months import cover, goods in Armenia was 0.2139 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Armenia?
The highest recorded value was 0.674 in 2016.
What is the lowest foreign reserves, months import cover, goods recorded in Armenia?
The lowest recorded value was 0.2139 in 2024.
How does Armenia rank for foreign reserves, months import cover, goods?
Armenia ranks 84th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Armenia?
Over the last ten years it is down 36.2%. The long-run trend across the full record is rising.
Where does this Armenia 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.

Download this data

CSV · JSON — 25 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.