Foreign Reserves, Months Import Cover, Goods in Kuwait
Kuwait: Foreign Reserves, Months Import Cover, Goods was 1.01 in 2016. ▲ Rising
Foreign Reserves, Months Import Cover, Goods in Kuwait, 2000–2016
Source: World Bank staff calculations based on Datastream data.
Analysis
Kuwait recorded 1.01 for foreign reserves, months import cover, goods in 2016.
Compared with earlier readings it is up 10.2% on the previous year and up 29.9% over ten years.
Over the whole period, foreign reserves, months import cover, goods in Kuwait peaked at 1.27 in 2001 and was at its lowest, 0.5657, in 2005.
That places Kuwait 21st out of 116 countries with data for 2016, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Foreign Reserves, Months Import Cover, Goods in Kuwait, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.01 | — |
| 2001 | 1.27 | +26.3% |
| 2002 | 1.04 | -18.5% |
| 2003 | 0.7021 | -32.3% |
| 2004 | 0.663 | -5.6% |
| 2005 | 0.5657 | -14.7% |
| 2006 | 0.7784 | +37.6% |
| 2007 | 0.8143 | +4.6% |
| 2008 | 0.6825 | -16.2% |
| 2009 | 1 | +47.1% |
| 2010 | 0.8319 | -17.1% |
| 2011 | 1.03 | +24.3% |
| 2012 | 1.07 | +3.0% |
| 2013 | 1.01 | -5.4% |
| 2014 | 1.04 | +3.2% |
| 2015 | 0.9175 | -11.8% |
| 2016 | 1.01 | +10.2% |
Kuwait compared with similar countries
- Kuwait's 1.01 is above the median for high income countries, which is 0.2389, 4.2× the median. (51 countries reporting)
- Kuwait's 1.01 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.19, 85% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8527 | 0.5657 | 1.27 | 10 |
| 2010s | 0.9871 | 0.8319 | 1.07 | 7 |
Countries ranked near Kuwait
More reference data data for Kuwait
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.092 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2888 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.385 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.385 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3086 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1086 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.53 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.96 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0052 (2050)
Frequently asked questions
- What is foreign reserves, months import cover, goods in Kuwait?
- Foreign reserves, months import cover, goods in Kuwait was 1.01 in 2016, according to World Bank staff calculations based on Datastream data.
- What is the highest foreign reserves, months import cover, goods recorded in Kuwait?
- The highest recorded value was 1.27 in 2001.
- What is the lowest foreign reserves, months import cover, goods recorded in Kuwait?
- The lowest recorded value was 0.5657 in 2005.
- How does Kuwait rank for foreign reserves, months import cover, goods?
- Kuwait ranks 21st out of 116 countries with data for 2016.
- Is foreign reserves, months import cover, goods rising or falling in Kuwait?
- Over the last ten years it is up 29.9%. The long-run trend across the full record is rising.
- Where does this Kuwait 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.