Foreign Reserves, Months Import Cover, Goods in Philippines
Philippines: Foreign Reserves, Months Import Cover, Goods was 0.8318 in 2024. ▲ Rising
Foreign Reserves, Months Import Cover, Goods in Philippines, 1991–2024
Source: World Bank staff calculations based on Datastream data.
Analysis
In 2024, foreign reserves, months import cover, goods in Philippines stood at 0.8318.
The figure is up 1.3% on the previous year and down 31.7% over ten years.
Over the whole period, foreign reserves, months import cover, goods in Philippines peaked at 1.35 in 2012 and was at its lowest, 0.2447, in 1997.
That places Philippines 25th 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.353 | 0.2447 | 0.4891 | 9 |
| 2000s | 0.5251 | 0.3692 | 1.03 | 10 |
| 2010s | 1.07 | 0.7031 | 1.35 | 10 |
| 2020s | 0.9022 | 0.7 | 1.23 | 5 |
Countries ranked near Philippines
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is foreign reserves, months import cover, goods in Philippines?
- Foreign reserves, months import cover, goods in Philippines was 0.8318 in 2024, according to World Bank staff calculations based on Datastream data.
- What is the highest foreign reserves, months import cover, goods recorded in Philippines?
- The highest recorded value was 1.35 in 2012.
- What is the lowest foreign reserves, months import cover, goods recorded in Philippines?
- The lowest recorded value was 0.2447 in 1997.
- How does Philippines rank for foreign reserves, months import cover, goods?
- Philippines ranks 25th out of 116 countries with data for 2024.
- Is foreign reserves, months import cover, goods rising or falling in Philippines?
- Over the last ten years it is down 31.7%. The long-run trend across the full record is rising.
- Where does this Philippines 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
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.