Foreign Reserves, Months Import Cover, Goods in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Foreign Reserves, Months Import Cover, Goods was 0.6298 in 2024. ▲ Rising
Foreign Reserves, Months Import Cover, Goods in Latin America & Caribbean (excluding high income), 1996–2024
Source: World Bank staff calculations based on Datastream data.
Analysis
Latin America & Caribbean (excluding high income) recorded 0.6298 for foreign reserves, months import cover, goods in 2024.
The figure is down 3.3% on the previous year and down 21.7% over ten years.
Over the whole period, foreign reserves, months import cover, goods in Latin America & Caribbean (excluding high income) peaked at 0.9982 in 2020 and was at its lowest, 0.2977, in 2000.
The long-run direction has been consistently rising across the 29 years of available data.
Foreign Reserves, Months Import Cover, Goods in Latin America & Caribbean (excluding high income), year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 0.5009 | — |
| 1997 | 0.4369 | -12.8% |
| 1998 | 0.3807 | -12.9% |
| 1999 | 0.3487 | -8.4% |
| 2000 | 0.2977 | -14.6% |
| 2001 | 0.3541 | +18.9% |
| 2002 | 0.4164 | +17.6% |
| 2003 | 0.4758 | +14.3% |
| 2004 | 0.4425 | -7.0% |
| 2005 | 0.4203 | -5.0% |
| 2006 | 0.4377 | +4.1% |
| 2007 | 0.5962 | +36.2% |
| 2008 | 0.5376 | -9.8% |
| 2009 | 0.8251 | +53.5% |
| 2010 | 0.7545 | -8.6% |
| 2011 | 0.7445 | -1.3% |
| 2012 | 0.8001 | +7.5% |
| 2013 | 0.7811 | -2.4% |
| 2014 | 0.8039 | +2.9% |
| 2015 | 0.8548 | +6.3% |
| 2016 | 0.9401 | +10.0% |
| 2017 | 0.8658 | -7.9% |
| 2018 | 0.7843 | -9.4% |
| 2019 | 0.8079 | +3.0% |
| 2020 | 0.9982 | +23.6% |
| 2021 | 0.7591 | -24.0% |
| 2022 | 0.5826 | -23.3% |
| 2023 | 0.6515 | +11.8% |
| 2024 | 0.6298 | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4168 | 0.3487 | 0.5009 | 4 |
| 2000s | 0.4803 | 0.2977 | 0.8251 | 10 |
| 2010s | 0.8137 | 0.7445 | 0.9401 | 10 |
| 2020s | 0.7243 | 0.5826 | 0.9982 | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
More reference data data for Latin America & Caribbean (excluding high income)
- Exchange rate, new LCU per USD extended backward, period average 466.52 (2026)
- CPI Price, nominal 227.47 (2026)
- CPI Price, nominal, seas. adj. 223.29 (2026)
- School age population, one year before than official primary entry 5.10 million number (2019)
- School age population, one year before than official primary entry 9.99 million number (2019)
- School age population, one year before than official primary entry 4.89 million number (2019)
- School life expectancy, primary, both sexes 6.17 years (2019)
- School life expectancy, primary, female 6.12 years (2019)
- School life expectancy, primary, male 6.21 years (2019)
- Share of all students in secondary education enrolled in general 87.4% (2019)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is foreign reserves, months import cover, goods in Latin America & Caribbean (excluding high income)?
- Foreign reserves, months import cover, goods in Latin America & Caribbean (excluding high income) was 0.6298 in 2024, according to World Bank staff calculations based on Datastream data.
- What is the highest foreign reserves, months import cover, goods recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 0.9982 in 2020.
- What is the lowest foreign reserves, months import cover, goods recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.2977 in 2000.
- How does Latin America & Caribbean (excluding high income) rank for foreign reserves, months import cover, goods?
- Latin America & Caribbean (excluding high income) ranks 9th out of 10 groups with data for 2024.
- Is foreign reserves, months import cover, goods rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 21.7%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) 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.