Foreign Reserves, Months Import Cover, Goods in North Macedonia

North Macedonia: Foreign Reserves, Months Import Cover, Goods was 0.44 in 2024. ▲ Rising

Latest (2024)
0.44
Change on year
up 7.5%
World rank
62nd
of 116 countries
All-time high
0.5009
in 2006
All-time low
0.2
in 2000
Years of data
25
2000–2024

Foreign Reserves, Months Import Cover, Goods in North Macedonia, 2000–2024

00.20.40.62000201220242000: 0.22001: 0.432002: 0.3542003: 0.3812004: 0.3292005: 0.4122006: 0.5012007: 0.4212008: 0.2932009: 0.4592010: 0.4162011: 0.3852012: 0.4412013: 0.4122014: 0.412015: 0.3842016: 0.4032017: 0.3592018: 0.362019: 0.3842020: 0.4682021: 0.3612022: 0.322023: 0.4092024: 0.44

Source: World Bank staff calculations based on Datastream data.

Analysis

North Macedonia recorded 0.44 for foreign reserves, months import cover, goods in 2024.

Compared with earlier readings it is up 7.5% on the previous year and up 7.3% over ten years.

Over the whole period, foreign reserves, months import cover, goods in North Macedonia peaked at 0.5009 in 2006 and was at its lowest, 0.2, in 2000.

North Macedonia ranks 62nd of 116 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3781 0.2 0.5009 10
2010s 0.3955 0.3588 0.4415 10
2020s 0.3999 0.3201 0.4685 5

Countries ranked near North Macedonia

  1. 59 New Zealand 0.4637 compare
  2. 60 Dominican Republic 0.4488 compare
  3. 61 Samoa 0.4478 compare
  4. 63 Bangladesh 0.4152 compare
  5. 64 Kyrgyzstan 0.4108 compare
  6. 65 Bulgaria 0.4044 compare

See the full ranking of 126 places →

More reference data data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is foreign reserves, months import cover, goods in North Macedonia?
Foreign reserves, months import cover, goods in North Macedonia was 0.44 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in North Macedonia?
The highest recorded value was 0.5009 in 2006.
What is the lowest foreign reserves, months import cover, goods recorded in North Macedonia?
The lowest recorded value was 0.2 in 2000.
How does North Macedonia rank for foreign reserves, months import cover, goods?
North Macedonia ranks 62nd out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in North Macedonia?
Over the last ten years it is up 7.3%. The long-run trend across the full record is rising.
Where does this North Macedonia 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 — 25 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.