Foreign Reserves, Months Import Cover, Goods in Georgia

Georgia: Foreign Reserves, Months Import Cover, Goods was 0.2639 in 2024. ▲ Rising

Latest (2024)
0.2639
Change on year
down 17.7%
World rank
78th
of 116 countries
All-time high
0.4847
in 2020
All-time low
0.1419
in 1998
Years of data
30
1995–2024

Foreign Reserves, Months Import Cover, Goods in Georgia, 1995–2024

0.10.20.30.40.51995200920241995: 0.4221996: 0.261997: 0.2021998: 0.1421999: 0.1962000: 0.1582001: 0.2152002: 0.2542003: 0.1732004: 0.2122005: 0.1942006: 0.2562007: 0.2632008: 0.2342009: 0.4712010: 0.4362011: 0.42012: 0.3562013: 0.3532014: 0.3142015: 0.3432016: 0.3772017: 0.3782018: 0.3512019: 0.3692020: 0.4852021: 0.4252022: 0.3632023: 0.322024: 0.264

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in Georgia is 0.2639, measured in 2024.

Compared with earlier readings it is down 17.7% on the previous year and down 16.0% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Georgia peaked at 0.4847 in 2020 and was at its lowest, 0.1419, in 1998.

That places Georgia 78th out of 116 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2443 0.1419 0.4219 5
2000s 0.243 0.1581 0.4707 10
2010s 0.3678 0.314 0.4358 10
2020s 0.3715 0.2639 0.4847 5

Countries ranked near Georgia

  1. 75 Hungary 0.3169 compare
  2. 76 Myanmar 0.2956 compare
  3. 77 Sweden 0.2753 compare
  4. 79 Maldives 0.2439 compare
  5. 80 Latvia 0.2389 compare
  6. 81 Vietnam 0.2344 compare

See the full ranking of 126 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is foreign reserves, months import cover, goods in Georgia?
Foreign reserves, months import cover, goods in Georgia was 0.2639 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Georgia?
The highest recorded value was 0.4847 in 2020.
What is the lowest foreign reserves, months import cover, goods recorded in Georgia?
The lowest recorded value was 0.1419 in 1998.
How does Georgia rank for foreign reserves, months import cover, goods?
Georgia ranks 78th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Georgia?
Over the last ten years it is down 16.0%. The long-run trend across the full record is rising.
Where does this Georgia 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 — 30 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.