Foreign Reserves, Months Import Cover, Goods in Kuwait

Kuwait: Foreign Reserves, Months Import Cover, Goods was 1.01 in 2016. ▲ Rising

Latest (2016)
1.01
Change on year
up 10.2%
World rank
22nd
of 116 countries
All-time high
1.27
in 2001
All-time low
0.5657
in 2005
Years of data
17
2000–2016

Foreign Reserves, Months Import Cover, Goods in Kuwait, 2000–2016

00.511.52000200820162000: 12001: 1.32002: 12003: 0.7022004: 0.6632005: 0.5662006: 0.7782007: 0.8142008: 0.6832009: 12010: 0.8322011: 12012: 1.12013: 12014: 12015: 0.9182016: 1

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 22nd 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.8527 0.5657 1.27 10
2010s 0.9871 0.8319 1.07 7

Countries ranked near Kuwait

  1. 19 Brunei 1.07 compare
  2. 20 Botswana 1.06 compare
  3. 21 Colombia 1.03 compare
  4. 23 India 0.8856 compare
  5. 24 Oman 0.8766 compare
  6. 25 Philippines 0.8318 compare

See the full ranking of 126 places →

More reference data data for Kuwait

All data for Kuwait →

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 22nd 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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CSV · JSON — 17 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.