Foreign Reserves, Months Import Cover, Goods in Paraguay

Paraguay: Foreign Reserves, Months Import Cover, Goods was 0.5289 in 2024. ◆ Volatile

Latest (2024)
0.5289
Change on year
down 8.4%
World rank
52nd
of 116 countries
All-time high
0.8468
in 2020
All-time low
0.0927
in 1997
Years of data
31
1994–2024

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

00.20.40.60.81994200920241994: 0.1591995: 0.1211996: 0.0971997: 0.0931998: 0.1221999: 0.2632000: 0.1892001: 0.1952002: 0.1752003: 0.2892004: 0.292005: 0.2852006: 0.2922007: 0.3512008: 0.2872009: 0.4972010: 0.3392011: 0.2992012: 0.3142013: 0.3752014: 0.4622015: 0.4732016: 0.6242017: 0.5872018: 0.5312019: 0.5542020: 0.8472021: 0.6882022: 0.5812023: 0.5772024: 0.529

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in Paraguay is 0.5289, measured in 2024.

The figure is down 8.4% on the previous year and up 14.4% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Paraguay peaked at 0.8468 in 2020 and was at its lowest, 0.0927, in 1997.

Paraguay ranks 52nd of 116 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1425 0.0927 0.2633 6
2000s 0.2852 0.1748 0.4973 10
2010s 0.4559 0.299 0.6241 10
2020s 0.6444 0.5289 0.8468 5

Countries ranked near Paraguay

  1. 49 Poland 0.5862 compare
  2. 50 Chile 0.5777 compare
  3. 51 Central African Republic 0.5761 compare
  4. 53 Guatemala 0.5234 compare
  5. 54 Egypt 0.5073 compare
  6. 55 Uganda 0.5002 compare

See the full ranking of 126 places →

More reference data data for Paraguay

All data for Paraguay →

Frequently asked questions

What is foreign reserves, months import cover, goods in Paraguay?
Foreign reserves, months import cover, goods in Paraguay was 0.5289 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Paraguay?
The highest recorded value was 0.8468 in 2020.
What is the lowest foreign reserves, months import cover, goods recorded in Paraguay?
The lowest recorded value was 0.0927 in 1997.
How does Paraguay rank for foreign reserves, months import cover, goods?
Paraguay ranks 52nd out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Paraguay?
Over the last ten years it is up 14.4%. The long-run trend across the full record is volatile.
Where does this Paraguay 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 — 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.