Foreign Reserves, Months Import Cover, Goods in Egypt

Egypt: Foreign Reserves, Months Import Cover, Goods was 0.5073 in 2024. ◆ Volatile

Latest (2024)
0.5073
Change on year
up 21.2%
World rank
54th
of 116 countries
All-time high
1.72
in 1993
All-time low
0.2072
in 2012
Years of data
34
1991–2024

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

00.511.51991200720241991: 0.7271992: 1.41993: 1.71994: 1.41995: 1.51996: 1.41997: 1.51998: 1.21999: 0.9852000: 12001: 1.12002: 1.22003: 1.32004: 1.22005: 1.12006: 1.32007: 1.22008: 0.6472009: 0.7632010: 0.6822011: 0.2922012: 0.2072013: 0.2572014: 0.2082015: 0.2212016: 0.3562017: 0.5562018: 0.5282019: 0.5822020: 0.5762021: 0.4612022: 0.3572023: 0.4192024: 0.507

Source: World Bank staff calculations based on Datastream data.

Analysis

Egypt recorded 0.5073 for foreign reserves, months import cover, goods in 2024.

The figure is up 21.2% on the previous year and up 143.9% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Egypt peaked at 1.72 in 1993 and was at its lowest, 0.2072, in 2012.

Egypt ranks 54th of 116 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.33 0.7269 1.72 9
2000s 1.08 0.6474 1.33 10
2010s 0.389 0.2072 0.6822 10
2020s 0.464 0.3572 0.5758 5

Countries ranked near Egypt

  1. 51 Central African Republic 0.5761 compare
  2. 52 Paraguay 0.5289 compare
  3. 53 Guatemala 0.5234 compare
  4. 55 Uganda 0.5002 compare
  5. 56 Morocco 0.4892 compare
  6. 57 Turkey 0.4833 compare

See the full ranking of 126 places →

More reference data data for Egypt

All data for Egypt →

Frequently asked questions

What is foreign reserves, months import cover, goods in Egypt?
Foreign reserves, months import cover, goods in Egypt was 0.5073 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Egypt?
The highest recorded value was 1.72 in 1993.
What is the lowest foreign reserves, months import cover, goods recorded in Egypt?
The lowest recorded value was 0.2072 in 2012.
How does Egypt rank for foreign reserves, months import cover, goods?
Egypt ranks 54th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Egypt?
Over the last ten years it is up 143.9%. The long-run trend across the full record is volatile.
Where does this Egypt 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

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.