Foreign Reserves, Months Import Cover, Goods in South Asia

South Asia: Foreign Reserves, Months Import Cover, Goods was 0.8526 in 2024. ▲ Rising

Latest (2024)
0.8526
Change on year
down 4.1%
Rank
7th
of 10 groups
All-time high
1.49
in 2020
All-time low
0.3461
in 1991
Years of data
34
1991–2024

Foreign Reserves, Months Import Cover, Goods in South Asia, 1991–2024

0.250.50.7511.21.51991200720241991: 0.3461992: 0.3981993: 0.6041994: 0.8491995: 0.6191996: 0.6181997: 0.6421998: 0.6811999: 0.7242000: 0.7572001: 0.9192002: 1.22003: 1.32004: 1.22005: 0.8992006: 0.9152007: 1.12008: 0.7372009: 12010: 0.8142011: 0.6082012: 0.5892013: 0.6242014: 0.6832015: 0.872016: 0.9612017: 0.8882018: 0.7492019: 0.9092020: 1.52021: 1.12022: 0.7472023: 0.8892024: 0.853

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in South Asia is 0.8526, measured in 2024.

Compared with earlier readings it is down 4.1% on the previous year and up 24.8% over ten years.

Over the whole period, foreign reserves, months import cover, goods in South Asia peaked at 1.49 in 2020 and was at its lowest, 0.3461, in 1991.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.609 0.3461 0.8493 9
2000s 1.01 0.7369 1.34 10
2010s 0.7695 0.5891 0.9611 10
2020s 1.01 0.7465 1.49 5

Countries ranked near South Asia

  1. 4 Algeria 2.43 compare
  2. 5 Lebanon 2.3 compare
  3. 6 Syria 2.25 compare
  4. 7 Russia 2.02 compare
  5. 8 Taiwan 1.91 compare
  6. 9 Saudi Arabia 1.88 compare
  7. 10 Japan 1.56 compare

See the full ranking of 126 places →

More reference data data for South Asia

All data for South Asia →

Frequently asked questions

What is foreign reserves, months import cover, goods in South Asia?
Foreign reserves, months import cover, goods in South Asia was 0.8526 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in South Asia?
The highest recorded value was 1.49 in 2020.
What is the lowest foreign reserves, months import cover, goods recorded in South Asia?
The lowest recorded value was 0.3461 in 1991.
How does South Asia rank for foreign reserves, months import cover, goods?
South Asia ranks 7th out of 10 groups with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in South Asia?
Over the last ten years it is up 24.8%. The long-run trend across the full record is rising.
Where does this South Asia 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.