Foreign Reserves, Months Import Cover, Goods in Brazil

Brazil: Foreign Reserves, Months Import Cover, Goods was 1.26 in 2024. ▲ Rising

Latest (2024)
1.26
Change on year
down 14.8%
World rank
15th
of 116 countries
All-time high
2.62
in 2016
All-time low
0.4482
in 1991
Years of data
34
1991–2024

Foreign Reserves, Months Import Cover, Goods in Brazil, 1991–2024

0.511.522.51991200720241991: 0.4481992: 1.21993: 1.31994: 1.21995: 11996: 1.11997: 0.8661998: 0.7571999: 0.7222000: 0.5792001: 0.6322002: 0.7822003: 0.9982004: 0.8322005: 0.7212006: 0.9312007: 1.52008: 1.12009: 1.82010: 1.62011: 1.52012: 1.72013: 1.52014: 1.62015: 2.12016: 2.62017: 2.42018: 22019: 1.92020: 2.22021: 1.72022: 1.22023: 1.52024: 1.3

Source: World Bank staff calculations based on Datastream data.

Analysis

Brazil recorded 1.26 for foreign reserves, months import cover, goods in 2024.

The figure is down 14.8% on the previous year and down 20.2% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Brazil peaked at 2.62 in 2016 and was at its lowest, 0.4482, in 1991.

Brazil ranks 15th of 116 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.9538 0.4482 1.28 9
2000s 0.9918 0.5788 1.85 10
2010s 1.88 1.48 2.62 10
2020s 1.56 1.19 2.23 5

Countries ranked near Brazil

  1. 12 Israel 1.52 compare
  2. 13 Uruguay 1.39 compare
  3. 14 China 1.28 compare
  4. 16 Mauritius 1.24 compare
  5. 17 Jordan 1.23 compare
  6. 18 Singapore 1.09 compare

See the full ranking of 126 places →

More reference data data for Brazil

All data for Brazil →

Frequently asked questions

What is foreign reserves, months import cover, goods in Brazil?
Foreign reserves, months import cover, goods in Brazil was 1.26 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Brazil?
The highest recorded value was 2.62 in 2016.
What is the lowest foreign reserves, months import cover, goods recorded in Brazil?
The lowest recorded value was 0.4482 in 1991.
How does Brazil rank for foreign reserves, months import cover, goods?
Brazil ranks 15th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Brazil?
Over the last ten years it is down 20.2%. The long-run trend across the full record is rising.
Where does this Brazil 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 — 34 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.