Foreign Reserves, Months Import Cover, Goods in Cyprus

Cyprus: Foreign Reserves, Months Import Cover, Goods was 0.0727 in 2024. ◆ Volatile

Latest (2024)
0.0727
Change on year
up 11.8%
World rank
109th
of 116 countries
All-time high
0.6154
in 2007
All-time low
0.0345
in 2018
Years of data
33
1992–2024

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

00.20.40.61992200820241992: 0.2811993: 0.241994: 0.2991995: 0.2431996: 0.3381997: 0.311998: 0.2841999: 0.3662000: 0.3682001: 0.4332002: 0.4392003: 0.4122004: 0.4512005: 0.3922006: 0.4052007: 0.6152008: 0.0592009: 0.0722010: 0.0562011: 0.0652012: 0.0542013: 0.0562014: 0.0472015: 0.0492016: 0.0412017: 0.0362018: 0.0352019: 0.0412020: 0.0482021: 0.0832022: 0.0762023: 0.0652024: 0.073

Source: World Bank staff calculations based on Datastream data.

Analysis

In 2024, foreign reserves, months import cover, goods in Cyprus stood at 0.0727.

Compared with earlier readings it is up 11.8% on the previous year and up 55.9% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Cyprus peaked at 0.6154 in 2007 and was at its lowest, 0.0345, in 2018.

Cyprus ranks 109th of 116 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2952 0.2403 0.3663 8
2000s 0.3648 0.0593 0.6154 10
2010s 0.0479 0.0345 0.065 10
2020s 0.0689 0.0479 0.0827 5

Countries ranked near Cyprus

  1. 106 Ireland 0.0803 compare
  2. 107 United States 0.0777 compare
  3. 108 Germany 0.0743 compare
  4. 110 Croatia 0.0723 compare
  5. 111 Greece 0.0645 compare
  6. 112 Austria 0.0609 compare

See the full ranking of 126 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is foreign reserves, months import cover, goods in Cyprus?
Foreign reserves, months import cover, goods in Cyprus was 0.0727 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Cyprus?
The highest recorded value was 0.6154 in 2007.
What is the lowest foreign reserves, months import cover, goods recorded in Cyprus?
The lowest recorded value was 0.0345 in 2018.
How does Cyprus rank for foreign reserves, months import cover, goods?
Cyprus ranks 109th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Cyprus?
Over the last ten years it is up 55.9%. The long-run trend across the full record is volatile.
Where does this Cyprus 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.