Foreign Reserves, Months Import Cover, Goods in Hungary

Hungary: Foreign Reserves, Months Import Cover, Goods was 0.3169 in 2024. ▼ Falling

Latest (2024)
0.3169
Change on year
up 6.0%
World rank
75th
of 116 countries
All-time high
0.7771
in 1995
All-time low
0.2521
in 2007
Years of data
34
1991–2024

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

0.20.40.60.81991200720241991: 0.3481992: 0.3981993: 0.5381994: 0.4611995: 0.7771996: 0.5321997: 0.3961998: 0.3611999: 0.3922000: 0.3492001: 0.3172002: 0.2732003: 0.2662004: 0.2632005: 0.2812006: 0.2782007: 0.2522008: 0.312009: 0.5682010: 0.5122011: 0.4782012: 0.472013: 0.4652014: 0.4022015: 0.3622016: 0.2782017: 0.2662018: 0.2662019: 0.272020: 0.3622021: 0.3112022: 0.2582023: 0.2992024: 0.317

Source: World Bank staff calculations based on Datastream data.

Analysis

In 2024, foreign reserves, months import cover, goods in Hungary stood at 0.3169.

That represents a change of up 6.0% on the previous year and down 21.1% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Hungary peaked at 0.7771 in 1995 and was at its lowest, 0.2521, in 2007.

Hungary ranks 75th of 116 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4671 0.3481 0.7771 9
2000s 0.3158 0.2521 0.5681 10
2010s 0.3769 0.2658 0.5117 10
2020s 0.3093 0.2576 0.3623 5

Countries ranked near Hungary

  1. 72 Sri Lanka 0.3253 compare
  2. 73 Pakistan 0.324 compare
  3. 74 Sierra Leone 0.3199 compare
  4. 76 Myanmar 0.2956 compare
  5. 77 Sweden 0.2753 compare
  6. 78 Georgia 0.2639 compare

See the full ranking of 126 places →

More reference data data for Hungary

All data for Hungary →

Frequently asked questions

What is foreign reserves, months import cover, goods in Hungary?
Foreign reserves, months import cover, goods in Hungary was 0.3169 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Hungary?
The highest recorded value was 0.7771 in 1995.
What is the lowest foreign reserves, months import cover, goods recorded in Hungary?
The lowest recorded value was 0.2521 in 2007.
How does Hungary rank for foreign reserves, months import cover, goods?
Hungary ranks 75th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Hungary?
Over the last ten years it is down 21.1%. The long-run trend across the full record is falling.
Where does this Hungary 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.