Foreign Reserves, Months Import Cover, Goods in Jamaica

Jamaica: Foreign Reserves, Months Import Cover, Goods was 0.764 in 2024. ◆ Volatile

Latest (2024)
0.764
Change on year
up 21.9%
World rank
30th
of 116 countries
All-time high
0.764
in 2024
All-time low
-0.0513
in 1992
Years of data
33
1992–2024

Foreign Reserves, Months Import Cover, Goods in Jamaica, 1992–2024

00.20.40.60.81992200820241992: -0.0511993: 0.0061994: 0.1891995: 0.1531996: 0.2371997: 0.1791998: 0.1781999: 0.1572000: 0.3032001: 0.5472002: 0.4472003: 0.3142004: 0.4732005: 0.4392006: 0.412007: 0.2932008: 0.212009: 0.3552010: 0.4072011: 0.3062012: 0.1782013: 0.1692014: 0.3422015: 0.4832016: 0.562017: 0.582018: 0.492019: 0.4942020: 0.6552021: 0.6712022: 0.5132023: 0.6272024: 0.764

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in Jamaica is 0.764, measured in 2024. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 21.9% on the previous year and up 123.2% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Jamaica peaked at 0.764 in 2024 and was at its lowest, -0.0513, in 1992.

Jamaica ranks 30th of 116 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.131 -0.0513 0.2369 8
2000s 0.379 0.2096 0.5473 10
2010s 0.4009 0.1686 0.5798 10
2020s 0.646 0.5135 0.764 5

Countries ranked near Jamaica

  1. 27 Norway 0.801 compare
  2. 28 Denmark 0.7781 compare
  3. 29 Thailand 0.7699 compare
  4. 31 Kazakhstan 0.758 compare
  5. 32 Tonga 0.7548 compare
  6. 33 Nigeria 0.7434 compare

See the full ranking of 126 places →

More reference data data for Jamaica

All data for Jamaica →

Frequently asked questions

What is foreign reserves, months import cover, goods in Jamaica?
Foreign reserves, months import cover, goods in Jamaica was 0.764 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Jamaica?
The highest recorded value was 0.764 in 2024.
What is the lowest foreign reserves, months import cover, goods recorded in Jamaica?
The lowest recorded value was -0.0513 in 1992.
How does Jamaica rank for foreign reserves, months import cover, goods?
Jamaica ranks 30th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Jamaica?
Over the last ten years it is up 123.2%. The long-run trend across the full record is volatile.
Where does this Jamaica 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 — 33 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.