Foreign Reserves, Months Import Cover, Goods in Iceland
Iceland: Foreign Reserves, Months Import Cover, Goods was 0.677 in 2025. ◆ Volatile
Foreign Reserves, Months Import Cover, Goods in Iceland, 1991–2025
Source: World Bank staff calculations based on Datastream data.
Analysis
Iceland recorded 0.677 for foreign reserves, months import cover, goods in 2025.
The figure is up 6.9% on the previous year and down 27.7% over ten years.
Over the whole period, foreign reserves, months import cover, goods in Iceland peaked at 1.75 in 2011 and was at its lowest, 0.1629, in 2001.
That places Iceland 42nd out of 116 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign Reserves, Months Import Cover, Goods in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 0.2992 | — |
| 1992 | 0.3443 | +15.0% |
| 1993 | 0.3525 | +2.4% |
| 1994 | 0.2218 | -37.1% |
| 1995 | 0.194 | -12.5% |
| 1996 | 0.2435 | +25.5% |
| 1997 | 0.2064 | -15.2% |
| 1998 | 0.1869 | -9.4% |
| 1999 | 0.2079 | +11.3% |
| 2000 | 0.1651 | -20.6% |
| 2001 | 0.1629 | -1.3% |
| 2002 | 0.2118 | +30.0% |
| 2003 | 0.3058 | +44.4% |
| 2004 | 0.3058 | -0.0% |
| 2005 | 0.2256 | -26.2% |
| 2006 | 0.3978 | +76.3% |
| 2007 | 0.4122 | +3.6% |
| 2008 | 0.6212 | +50.7% |
| 2009 | 1.15 | +85.0% |
| 2010 | 1.57 | +37.0% |
| 2011 | 1.75 | +10.9% |
| 2012 | 0.8579 | -50.9% |
| 2013 | 0.8285 | -3.4% |
| 2014 | 0.7656 | -7.6% |
| 2015 | 0.9363 | +22.3% |
| 2016 | 1.26 | +34.5% |
| 2017 | 0.9347 | -25.8% |
| 2018 | 0.8112 | -13.2% |
| 2019 | 1.01 | +24.7% |
| 2020 | 1.1 | +9.0% |
| 2021 | 0.9086 | -17.6% |
| 2022 | 0.6021 | -33.7% |
| 2023 | 0.6007 | -0.2% |
| 2024 | 0.633 | +5.4% |
| 2025 | 0.677 | +6.9% |
Iceland compared with similar countries
- Iceland's 0.677 is above the median for high income countries, which is 0.2389, 2.8× the median. (51 countries reporting)
- Iceland's 0.677 is above the median for Europe & Central Asia, which is 0.2254, 3.0× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2507 | 0.1869 | 0.3525 | 9 |
| 2000s | 0.3957 | 0.1629 | 1.15 | 10 |
| 2010s | 1.07 | 0.7656 | 1.75 | 10 |
| 2020s | 0.754 | 0.6007 | 1.1 | 6 |
Countries ranked near Iceland
- 39 Haiti 0.6878 compare
- 40 Costa Rica 0.6805 compare
- 41 South Korea 0.6774 compare
- 43 Gabon 0.6754 compare
- 44 Kyrgyzstan 0.6638 compare
- 45 Indonesia 0.6487 compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is foreign reserves, months import cover, goods in Iceland?
- Foreign reserves, months import cover, goods in Iceland was 0.677 in 2025, according to World Bank staff calculations based on Datastream data.
- What is the highest foreign reserves, months import cover, goods recorded in Iceland?
- The highest recorded value was 1.75 in 2011.
- What is the lowest foreign reserves, months import cover, goods recorded in Iceland?
- The lowest recorded value was 0.1629 in 2001.
- How does Iceland rank for foreign reserves, months import cover, goods?
- Iceland ranks 42nd out of 116 countries with data for 2025.
- Is foreign reserves, months import cover, goods rising or falling in Iceland?
- Over the last ten years it is down 27.7%. The long-run trend across the full record is volatile.
- Where does this Iceland 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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About this data
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.