Foreign Reserves, Months Import Cover, Goods in Colombia

Colombia: Foreign Reserves, Months Import Cover, Goods was 1.03 in 2024. ▲ Rising

Latest (2024)
1.03
Change on year
up 3.3%
World rank
21st
of 116 countries
All-time high
1.43
in 2020
All-time low
0.4145
in 2006
Years of data
33
1992–2024

Foreign Reserves, Months Import Cover, Goods in Colombia, 1992–2024

0.50.7511.21.51992200820241992: 0.7031993: 0.6121994: 0.6261995: 0.5921996: 0.7081997: 0.9951998: 0.8021999: 0.672000: 0.7572001: 0.82002: 0.7072003: 0.5542004: 0.5572005: 0.492006: 0.4152007: 0.6812008: 0.6472009: 0.8122010: 0.7472011: 0.6282012: 0.6682013: 0.7712014: 0.7762015: 0.9042016: 1.12017: 1.12018: 0.9892019: 1.12020: 1.42021: 12022: 0.8012023: 12024: 1

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in Colombia is 1.03, measured in 2024.

The figure is up 3.3% on the previous year and up 33.4% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Colombia peaked at 1.43 in 2020 and was at its lowest, 0.4145, in 2006.

Colombia ranks 21st of 116 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 33 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7133 0.5919 0.9948 8
2000s 0.6417 0.4145 0.8121 10
2010s 0.8711 0.6276 1.09 10
2020s 1.06 0.8014 1.43 5

Countries ranked near Colombia

  1. 18 Singapore 1.09 compare
  2. 19 Brunei 1.07 compare
  3. 20 Botswana 1.06 compare
  4. 22 Kuwait 1.01 compare
  5. 23 India 0.8856 compare
  6. 24 Oman 0.8766 compare

See the full ranking of 126 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is foreign reserves, months import cover, goods in Colombia?
Foreign reserves, months import cover, goods in Colombia was 1.03 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Colombia?
The highest recorded value was 1.43 in 2020.
What is the lowest foreign reserves, months import cover, goods recorded in Colombia?
The lowest recorded value was 0.4145 in 2006.
How does Colombia rank for foreign reserves, months import cover, goods?
Colombia ranks 21st out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Colombia?
Over the last ten years it is up 33.4%. The long-run trend across the full record is rising.
Where does this Colombia 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 — 33 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.