Foreign Reserves, Months Import Cover, Goods in Latvia

Latvia: Foreign Reserves, Months Import Cover, Goods was 0.2389 in 2016. ▼ Falling

Latest (2016)
0.2389
Change on year
up 3.6%
World rank
80th
of 116 countries
All-time high
0.7103
in 2009
All-time low
0.1737
in 2014
Years of data
17
2000–2016

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

0.20.40.60.82000200820162000: 0.342001: 0.4132002: 0.3722003: 0.32004: 0.2872005: 0.2622006: 0.3842007: 0.3672008: 0.3172009: 0.712010: 0.6542011: 0.3942012: 0.4422013: 0.4532014: 0.1742015: 0.2312016: 0.239

Source: World Bank staff calculations based on Datastream data.

Analysis

In 2016, foreign reserves, months import cover, goods in Latvia stood at 0.2389.

That represents a change of up 3.6% on the previous year and down 37.8% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Latvia peaked at 0.7103 in 2009 and was at its lowest, 0.1737, in 2014.

That places Latvia 80th out of 116 countries with data for 2016, putting it in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3754 0.2624 0.7103 10
2010s 0.3696 0.1737 0.6543 7

Countries ranked near Latvia

  1. 77 Sweden 0.2753 compare
  2. 78 Georgia 0.2639 compare
  3. 79 Maldives 0.2439 compare
  4. 81 Vietnam 0.2344 compare
  5. 82 El Salvador 0.2317 compare
  6. 83 Malawi 0.2146 compare

See the full ranking of 126 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is foreign reserves, months import cover, goods in Latvia?
Foreign reserves, months import cover, goods in Latvia was 0.2389 in 2016, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Latvia?
The highest recorded value was 0.7103 in 2009.
What is the lowest foreign reserves, months import cover, goods recorded in Latvia?
The lowest recorded value was 0.1737 in 2014.
How does Latvia rank for foreign reserves, months import cover, goods?
Latvia ranks 80th out of 116 countries with data for 2016.
Is foreign reserves, months import cover, goods rising or falling in Latvia?
Over the last ten years it is down 37.8%. The long-run trend across the full record is falling.
Where does this Latvia 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.