Foreign Reserves, Months Import Cover, Goods in New Zealand

New Zealand: Foreign Reserves, Months Import Cover, Goods was 0.4637 in 2024. ▲ Rising

Latest (2024)
0.4637
Change on year
up 51.2%
World rank
59th
of 116 countries
All-time high
0.6115
in 2009
All-time low
0.2638
in 2022
Years of data
34
1991–2024

Foreign Reserves, Months Import Cover, Goods in New Zealand, 1991–2024

00.20.40.61991200720241991: 0.3491992: 0.3331993: 0.3471994: 0.3131995: 0.3161996: 0.4041997: 0.3061998: 0.3371999: 0.3122000: 0.2842001: 0.2682002: 0.332003: 0.3282004: 0.32005: 0.342006: 0.5332007: 0.562008: 0.3212009: 0.6122010: 0.5472011: 0.4592012: 0.4592013: 0.4122014: 0.3732015: 0.4012016: 0.4942017: 0.5162018: 0.4032019: 0.422020: 0.3712021: 0.3242022: 0.2642023: 0.3072024: 0.464

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in New Zealand is 0.4637, measured in 2024.

That represents a change of up 51.2% on the previous year and up 24.3% over ten years.

Over the whole period, foreign reserves, months import cover, goods in New Zealand peaked at 0.6115 in 2009 and was at its lowest, 0.2638, in 2022.

New Zealand ranks 59th of 116 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3353 0.3063 0.4039 9
2000s 0.3876 0.2679 0.6115 10
2010s 0.4485 0.373 0.5472 10
2020s 0.3458 0.2638 0.4637 5

Countries ranked near New Zealand

  1. 56 Morocco 0.4892 compare
  2. 57 Turkey 0.4833 compare
  3. 58 Mongolia 0.4751 compare
  4. 60 Dominican Republic 0.4488 compare
  5. 61 Samoa 0.4478 compare
  6. 62 North Macedonia 0.44 compare

See the full ranking of 126 places →

More reference data data for New Zealand

All data for New Zealand →

Frequently asked questions

What is foreign reserves, months import cover, goods in New Zealand?
Foreign reserves, months import cover, goods in New Zealand was 0.4637 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in New Zealand?
The highest recorded value was 0.6115 in 2009.
What is the lowest foreign reserves, months import cover, goods recorded in New Zealand?
The lowest recorded value was 0.2638 in 2022.
How does New Zealand rank for foreign reserves, months import cover, goods?
New Zealand ranks 59th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in New Zealand?
Over the last ten years it is up 24.3%. The long-run trend across the full record is rising.
Where does this New Zealand 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.

Download this data

CSV · JSON — 34 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.