Foreign Reserves, Months Import Cover, Goods in Panama

Panama: Foreign Reserves, Months Import Cover, Goods was 0.1601 in 2018. ▼ Falling

Latest (2018)
0.1601
Change on year
down 24.9%
World rank
94th
of 116 countries
All-time high
0.3904
in 2002
All-time low
0.1601
in 2018
Years of data
19
2000–2018

Foreign Reserves, Months Import Cover, Goods in Panama, 2000–2018

00.10.20.30.42000200920182000: 0.2122001: 0.3662002: 0.392003: 0.3242004: 0.1762005: 0.2922006: 0.2772007: 0.2832008: 0.2692009: 0.3892010: 0.2972011: 0.2032012: 0.1962013: 0.2192014: 0.2942015: 0.2792016: 0.3292017: 0.2132018: 0.16

Source: World Bank staff calculations based on Datastream data.

Analysis

Panama recorded 0.1601 for foreign reserves, months import cover, goods in 2018. That is the lowest value across all 19 years on record.

Compared with earlier readings it is down 24.9% on the previous year and down 40.6% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Panama peaked at 0.3904 in 2002 and was at its lowest, 0.1601, in 2018.

Panama ranks 94th of 116 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.2979 0.1759 0.3904 10
2010s 0.2432 0.1601 0.3291 9

Countries ranked near Panama

  1. 91 Ecuador 0.1839 compare
  2. 92 Finland 0.1781 compare
  3. 93 Lithuania 0.1652 compare
  4. 95 Belize 0.1537 compare
  5. 96 Burundi 0.1534 compare
  6. 97 Italy 0.1489 compare

See the full ranking of 126 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is foreign reserves, months import cover, goods in Panama?
Foreign reserves, months import cover, goods in Panama was 0.1601 in 2018, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Panama?
The highest recorded value was 0.3904 in 2002.
What is the lowest foreign reserves, months import cover, goods recorded in Panama?
The lowest recorded value was 0.1601 in 2018.
How does Panama rank for foreign reserves, months import cover, goods?
Panama ranks 94th out of 116 countries with data for 2018.
Is foreign reserves, months import cover, goods rising or falling in Panama?
Over the last ten years it is down 40.6%. The long-run trend across the full record is falling.
Where does this Panama 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 — 19 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.