Foreign Reserves, Months Import Cover, Goods in Ireland

Ireland: Foreign Reserves, Months Import Cover, Goods was 0.0803 in 2024. ◆ Volatile

Latest (2024)
0.0803
Change on year
up 0.7%
World rank
106th
of 116 countries
All-time high
0.2791
in 1991
All-time low
0.0087
in 2007
Years of data
34
1991–2024

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

00.10.20.31991200720241991: 0.2791992: 0.1551993: 0.2641994: 0.2321995: 0.2491996: 0.2241997: 0.1761998: 0.2121999: 0.1132000: 0.1062001: 0.1112002: 0.1052003: 0.0742004: 0.0442005: 0.0112006: 0.0092007: 0.0092008: 0.012009: 0.0292010: 0.0292011: 0.0192012: 0.0192013: 0.0192014: 0.0192015: 0.0262016: 0.0412017: 0.0452018: 0.0462019: 0.0542020: 0.0712021: 0.1042022: 0.0832023: 0.082024: 0.08

Source: World Bank staff calculations based on Datastream data.

Analysis

Ireland recorded 0.0803 for foreign reserves, months import cover, goods in 2024.

Compared with earlier readings it is up 0.7% on the previous year and up 333.4% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Ireland peaked at 0.2791 in 1991 and was at its lowest, 0.0087, in 2007.

That places Ireland 106th out of 116 countries with data for 2024, putting it 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 0.2116 0.1129 0.2791 9
2000s 0.0508 0.0087 0.1105 10
2010s 0.0316 0.0185 0.0535 10
2020s 0.0838 0.0715 0.104 5

Countries ranked near Ireland

  1. 103 Luxembourg 0.0995 compare
  2. 104 Portugal 0.0951 compare
  3. 105 Estonia 0.0932 compare
  4. 107 United States 0.0777 compare
  5. 108 Germany 0.0743 compare
  6. 109 Cyprus 0.0727 compare

See the full ranking of 126 places →

More reference data data for Ireland

All data for Ireland →

Frequently asked questions

What is foreign reserves, months import cover, goods in Ireland?
Foreign reserves, months import cover, goods in Ireland was 0.0803 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Ireland?
The highest recorded value was 0.2791 in 1991.
What is the lowest foreign reserves, months import cover, goods recorded in Ireland?
The lowest recorded value was 0.0087 in 2007.
How does Ireland rank for foreign reserves, months import cover, goods?
Ireland ranks 106th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Ireland?
Over the last ten years it is up 333.4%. The long-run trend across the full record is volatile.
Where does this Ireland 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.