Foreign Reserves, Months Import Cover, Goods in Nicaragua

Nicaragua: Foreign Reserves, Months Import Cover, Goods was 0.7217 in 2024. ▲ Rising

Latest (2024)
0.7217
Change on year
up 1.8%
World rank
34th
of 116 countries
All-time high
0.7272
in 2020
All-time low
0.1806
in 1995
Years of data
31
1994–2024

Foreign Reserves, Months Import Cover, Goods in Nicaragua, 1994–2024

0.20.40.60.81994200920241994: 0.1991995: 0.1811996: 0.1851997: 0.2671998: 0.2391999: 0.2762000: 0.2752001: 0.2162002: 0.2562003: 0.2672004: 0.3042005: 0.2792006: 0.3332007: 0.3342008: 0.2862009: 0.4872010: 0.4662011: 0.392012: 0.3492013: 0.3812014: 0.4182015: 0.462016: 0.4562017: 0.4932018: 0.4662019: 0.5512020: 0.7272021: 0.6692022: 0.6052023: 0.7092024: 0.722

Source: World Bank staff calculations based on Datastream data.

Analysis

Nicaragua recorded 0.7217 for foreign reserves, months import cover, goods in 2024.

That represents a change of up 1.8% on the previous year and up 72.8% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Nicaragua peaked at 0.7272 in 2020 and was at its lowest, 0.1806, in 1995.

That places Nicaragua 34th out of 116 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2246 0.1806 0.2761 6
2000s 0.3037 0.2158 0.4866 10
2010s 0.4428 0.3491 0.5506 10
2020s 0.6864 0.6051 0.7272 5

Countries ranked near Nicaragua

  1. 31 Kazakhstan 0.758 compare
  2. 32 Tonga 0.7548 compare
  3. 33 Nigeria 0.7434 compare
  4. 35 Haiti 0.6878 compare
  5. 36 Albania 0.6773 compare
  6. 37 Gabon 0.6754 compare

See the full ranking of 126 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is foreign reserves, months import cover, goods in Nicaragua?
Foreign reserves, months import cover, goods in Nicaragua was 0.7217 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Nicaragua?
The highest recorded value was 0.7272 in 2020.
What is the lowest foreign reserves, months import cover, goods recorded in Nicaragua?
The lowest recorded value was 0.1806 in 1995.
How does Nicaragua rank for foreign reserves, months import cover, goods?
Nicaragua ranks 34th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Nicaragua?
Over the last ten years it is up 72.8%. The long-run trend across the full record is rising.
Where does this Nicaragua 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 — 31 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.