Foreign Reserves, Months Import Cover, Goods in South Korea
South Korea: Foreign Reserves, Months Import Cover, Goods was 0.6581 in 2024. ▲ Rising
Foreign Reserves, Months Import Cover, Goods in South Korea, 1991–2024
Source: World Bank staff calculations based on Datastream data.
Analysis
The most recent figure for foreign reserves, months import cover, goods in South Korea is 0.6581, measured in 2024.
That represents a change of up 0.7% on the previous year and down 4.9% over ten years.
Over the whole period, foreign reserves, months import cover, goods in South Korea peaked at 0.9472 in 2020 and was at its lowest, 0.1409, in 1997.
That places South Korea 40th out of 116 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2944 | 0.1409 | 0.6186 | 9 |
| 2000s | 0.7492 | 0.4628 | 0.8869 | 10 |
| 2010s | 0.7399 | 0.5842 | 0.9136 | 10 |
| 2020s | 0.7182 | 0.5785 | 0.9472 | 5 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is foreign reserves, months import cover, goods in South Korea?
- Foreign reserves, months import cover, goods in South Korea was 0.6581 in 2024, according to World Bank staff calculations based on Datastream data.
- What is the highest foreign reserves, months import cover, goods recorded in South Korea?
- The highest recorded value was 0.9472 in 2020.
- What is the lowest foreign reserves, months import cover, goods recorded in South Korea?
- The lowest recorded value was 0.1409 in 1997.
- How does South Korea rank for foreign reserves, months import cover, goods?
- South Korea ranks 40th out of 116 countries with data for 2024.
- Is foreign reserves, months import cover, goods rising or falling in South Korea?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is rising.
- Where does this South Korea 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
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.