Foreign Reserves, Months Import Cover, Goods in Australia
Australia: Foreign Reserves, Months Import Cover, Goods was 0.2038 in 2024. ▼ Falling
Foreign Reserves, Months Import Cover, Goods in Australia, 1991–2024
Source: World Bank staff calculations based on Datastream data.
Analysis
The most recent figure for foreign reserves, months import cover, goods in Australia is 0.2038, measured in 2024.
Compared with earlier readings it is down 5.5% on the previous year and down 8.7% over ten years.
Over the whole period, foreign reserves, months import cover, goods in Australia peaked at 0.4287 in 1991 and was at its lowest, 0.1583, in 2007.
That places Australia 87th out of 116 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2762 | 0.2086 | 0.4287 | 9 |
| 2000s | 0.2919 | 0.1583 | 0.4045 | 10 |
| 2010s | 0.2263 | 0.1795 | 0.2885 | 10 |
| 2020s | 0.205 | 0.1891 | 0.2207 | 5 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 2,816 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 31,458 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop re 499.07 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric Fermentat 78,848 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 85,923 (2050)
Frequently asked questions
- What is foreign reserves, months import cover, goods in Australia?
- Foreign reserves, months import cover, goods in Australia was 0.2038 in 2024, according to World Bank staff calculations based on Datastream data.
- What is the highest foreign reserves, months import cover, goods recorded in Australia?
- The highest recorded value was 0.4287 in 1991.
- What is the lowest foreign reserves, months import cover, goods recorded in Australia?
- The lowest recorded value was 0.1583 in 2007.
- How does Australia rank for foreign reserves, months import cover, goods?
- Australia ranks 87th out of 116 countries with data for 2024.
- Is foreign reserves, months import cover, goods rising or falling in Australia?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is falling.
- Where does this Australia 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 — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.