Foreign Reserves, Months Import Cover, Goods in Italy

Italy: Foreign Reserves, Months Import Cover, Goods was 0.1489 in 2024. ▼ Falling

Latest (2024)
0.1489
Change on year
up 4.1%
World rank
97th
of 116 countries
All-time high
0.3856
in 1991
All-time low
0.064
in 2007
Years of data
34
1991–2024

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

0.10.20.30.41991200720241991: 0.3861992: 0.2041993: 0.2251994: 0.2221995: 0.1771996: 0.2511997: 0.3121998: 0.161999: 0.1192000: 0.1222001: 0.1182002: 0.1312003: 0.1162004: 0.092005: 0.0772006: 0.0672007: 0.0642008: 0.0732009: 0.1212010: 0.1072011: 0.0952012: 0.1122013: 0.1152014: 0.1092015: 0.1242016: 0.1192017: 0.1172018: 0.112019: 0.1262020: 0.1562021: 0.162022: 0.1272023: 0.1432024: 0.149

Source: World Bank staff calculations based on Datastream data.

Analysis

Italy recorded 0.1489 for foreign reserves, months import cover, goods in 2024.

Compared with earlier readings it is up 4.1% on the previous year and up 36.5% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Italy peaked at 0.3856 in 1991 and was at its lowest, 0.064, in 2007.

That places Italy 97th out of 116 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2284 0.119 0.3856 9
2000s 0.098 0.064 0.1309 10
2010s 0.1133 0.0954 0.1259 10
2020s 0.1468 0.1267 0.1597 5

Countries ranked near Italy

  1. 94 Panama 0.1601 compare
  2. 95 Belize 0.1537 compare
  3. 96 Burundi 0.1534 compare
  4. 98 Belarus 0.1468 compare
  5. 99 Venezuela 0.1465 compare
  6. 100 Slovakia 0.1292 compare

See the full ranking of 126 places →

More reference data data for Italy

All data for Italy →

Frequently asked questions

What is foreign reserves, months import cover, goods in Italy?
Foreign reserves, months import cover, goods in Italy was 0.1489 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Italy?
The highest recorded value was 0.3856 in 1991.
What is the lowest foreign reserves, months import cover, goods recorded in Italy?
The lowest recorded value was 0.064 in 2007.
How does Italy rank for foreign reserves, months import cover, goods?
Italy ranks 97th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Italy?
Over the last ten years it is up 36.5%. The long-run trend across the full record is falling.
Where does this Italy 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.