Foreign Reserves, Months Import Cover, Goods in Norway

Norway: Foreign Reserves, Months Import Cover, Goods was 0.801 in 2024. ▲ Rising

Latest (2024)
0.801
Change on year
down 0.9%
World rank
27th
of 116 countries
All-time high
0.9304
in 2003
All-time low
0.458
in 1992
Years of data
34
1991–2024

Foreign Reserves, Months Import Cover, Goods in Norway, 1991–2024

00.20.40.60.811991200720241991: 0.5171992: 0.4581993: 0.8181994: 0.6951995: 0.6841996: 0.7471997: 0.6561998: 0.511999: 0.6992000: 0.8042001: 0.7072002: 0.9182003: 0.932004: 0.9142005: 0.8472006: 0.8862007: 0.7582008: 0.5632009: 0.7112010: 0.692011: 0.5462012: 0.5942013: 0.6482014: 0.7242015: 0.7522016: 0.8062017: 0.7972018: 0.7242019: 0.7772020: 0.9182021: 0.8522022: 0.6742023: 0.8092024: 0.801

Source: World Bank staff calculations based on Datastream data.

Analysis

In 2024, foreign reserves, months import cover, goods in Norway stood at 0.801.

The figure is down 0.9% on the previous year and up 10.6% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Norway peaked at 0.9304 in 2003 and was at its lowest, 0.458, in 1992.

That places Norway 27th out of 116 countries with data for 2024, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6426 0.458 0.818 9
2000s 0.8039 0.5626 0.9304 10
2010s 0.7058 0.5456 0.8057 10
2020s 0.8108 0.674 0.9181 5

Countries ranked near Norway

  1. 24 Oman 0.8766 compare
  2. 25 Philippines 0.8318 compare
  3. 26 Kenya 0.8096 compare
  4. 28 Denmark 0.7781 compare
  5. 29 Thailand 0.7699 compare
  6. 30 Jamaica 0.764 compare

See the full ranking of 126 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is foreign reserves, months import cover, goods in Norway?
Foreign reserves, months import cover, goods in Norway was 0.801 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Norway?
The highest recorded value was 0.9304 in 2003.
What is the lowest foreign reserves, months import cover, goods recorded in Norway?
The lowest recorded value was 0.458 in 1992.
How does Norway rank for foreign reserves, months import cover, goods?
Norway ranks 27th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Norway?
Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
Where does this Norway 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.