Foreign Reserves, Months Import Cover, Goods in Portugal

Portugal: Foreign Reserves, Months Import Cover, Goods was 0.0951 in 2024. ◆ Volatile

Latest (2024)
0.0951
Change on year
up 2.6%
World rank
104th
of 116 countries
All-time high
1.1
in 1992
All-time low
0.0208
in 2008
Years of data
33
1992–2024

Foreign Reserves, Months Import Cover, Goods in Portugal, 1992–2024

00.250.50.7511992200820241992: 1.11993: 0.7291994: 0.6061995: 0.5131996: 0.4861997: 0.4781998: 0.4341999: 0.2212000: 0.2322001: 0.2522002: 0.2832003: 0.1342004: 0.0982005: 0.0652006: 0.0382007: 0.0242008: 0.0212009: 0.0432010: 0.0562011: 0.0322012: 0.0392013: 0.0452014: 0.072015: 0.1042016: 0.1692017: 0.1382018: 0.112019: 0.0752020: 0.0852021: 0.112022: 0.0922023: 0.0932024: 0.095

Source: World Bank staff calculations based on Datastream data.

Analysis

In 2024, foreign reserves, months import cover, goods in Portugal stood at 0.0951.

That represents a change of up 2.6% on the previous year and up 35.7% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Portugal peaked at 1.1 in 1992 and was at its lowest, 0.0208, in 2008.

Portugal ranks 104th of 116 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5702 0.221 1.1 8
2000s 0.1189 0.0208 0.2833 10
2010s 0.0837 0.0317 0.1687 10
2020s 0.095 0.0849 0.1104 5

Countries ranked near Portugal

  1. 101 France 0.1145 compare
  2. 102 Romania 0.1089 compare
  3. 103 Luxembourg 0.0995 compare
  4. 105 Estonia 0.0932 compare
  5. 106 Ireland 0.0803 compare
  6. 107 United States 0.0777 compare

See the full ranking of 126 places →

More reference data data for Portugal

All data for Portugal →

Frequently asked questions

What is foreign reserves, months import cover, goods in Portugal?
Foreign reserves, months import cover, goods in Portugal was 0.0951 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Portugal?
The highest recorded value was 1.1 in 1992.
What is the lowest foreign reserves, months import cover, goods recorded in Portugal?
The lowest recorded value was 0.0208 in 2008.
How does Portugal rank for foreign reserves, months import cover, goods?
Portugal ranks 104th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Portugal?
Over the last ten years it is up 35.7%. The long-run trend across the full record is volatile.
Where does this Portugal 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 — 33 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.