Foreign Reserves, Months Import Cover, Goods in Luxembourg

Luxembourg: Foreign Reserves, Months Import Cover, Goods was 0.0995 in 2024. ◆ Volatile

Latest (2024)
0.0995
Change on year
down 7.0%
World rank
103rd
of 116 countries
All-time high
0.107
in 2023
All-time low
0.0066
in 2007
Years of data
26
1999–2024

Foreign Reserves, Months Import Cover, Goods in Luxembourg, 1999–2024

00.0250.050.0750.11999201120241999: 0.0072000: 0.0072001: 0.012002: 0.0132003: 0.0212004: 0.0182005: 0.0142006: 0.0112007: 0.0072008: 0.0132009: 0.0382010: 0.0352011: 0.0342012: 0.0362013: 0.0372014: 0.0322015: 0.0362016: 0.0462017: 0.0372018: 0.0362019: 0.0412020: 0.0462021: 0.1052022: 0.1012023: 0.1072024: 0.099

Source: World Bank staff calculations based on Datastream data.

Analysis

Luxembourg recorded 0.0995 for foreign reserves, months import cover, goods in 2024.

That represents a change of down 7.0% on the previous year and up 207.9% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Luxembourg peaked at 0.107 in 2023 and was at its lowest, 0.0066, in 2007.

That places Luxembourg 103rd out of 116 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0074 0.0074 0.0074 1
2000s 0.0152 0.0066 0.038 10
2010s 0.037 0.0323 0.0458 10
2020s 0.0919 0.0464 0.107 5

Countries ranked near Luxembourg

  1. 100 Slovakia 0.1292 compare
  2. 101 France 0.1145 compare
  3. 102 Romania 0.1089 compare
  4. 104 Portugal 0.0951 compare
  5. 105 Estonia 0.0932 compare
  6. 106 Ireland 0.0803 compare

See the full ranking of 126 places →

More reference data data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is foreign reserves, months import cover, goods in Luxembourg?
Foreign reserves, months import cover, goods in Luxembourg was 0.0995 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Luxembourg?
The highest recorded value was 0.107 in 2023.
What is the lowest foreign reserves, months import cover, goods recorded in Luxembourg?
The lowest recorded value was 0.0066 in 2007.
How does Luxembourg rank for foreign reserves, months import cover, goods?
Luxembourg ranks 103rd out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Luxembourg?
Over the last ten years it is up 207.9%. The long-run trend across the full record is volatile.
Where does this Luxembourg 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 — 26 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.