Foreign Reserves, Months Import Cover, Goods in Thailand

Thailand: Foreign Reserves, Months Import Cover, Goods was 0.7699 in 2024. ▲ Rising

Latest (2024)
0.7699
Change on year
down 0.7%
World rank
29th
of 116 countries
All-time high
1.24
in 2020
All-time low
0.4246
in 1997
Years of data
34
1991–2024

Foreign Reserves, Months Import Cover, Goods in Thailand, 1991–2024

0.40.60.811.21991200720241991: 0.4851992: 0.521993: 0.551994: 0.5561995: 0.5231996: 0.5351997: 0.4251998: 0.6871999: 0.6922000: 0.5292001: 0.5342002: 0.6032003: 0.5552004: 0.5282005: 0.4422006: 0.5222007: 0.622008: 0.6212009: 12010: 0.9292011: 0.7642012: 0.7242013: 0.672014: 0.692015: 0.7752016: 0.8812017: 0.9052018: 0.8242019: 0.9382020: 1.22021: 0.9212022: 0.7182023: 0.7762024: 0.77

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in Thailand is 0.7699, measured in 2024.

Compared with earlier readings it is down 0.7% on the previous year and up 11.6% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Thailand peaked at 1.24 in 2020 and was at its lowest, 0.4246, in 1997.

That places Thailand 29th 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

DecadeAverage LowestHighest Years
1990s 0.5525 0.4246 0.6924 9
2000s 0.5983 0.4419 1.03 10
2010s 0.8099 0.6703 0.9379 10
2020s 0.8858 0.7177 1.24 5

Countries ranked near Thailand

  1. 26 Kenya 0.8096 compare
  2. 27 Norway 0.801 compare
  3. 28 Denmark 0.7781 compare
  4. 30 Jamaica 0.764 compare
  5. 31 Kazakhstan 0.758 compare
  6. 32 Tonga 0.7548 compare

See the full ranking of 126 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is foreign reserves, months import cover, goods in Thailand?
Foreign reserves, months import cover, goods in Thailand was 0.7699 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Thailand?
The highest recorded value was 1.24 in 2020.
What is the lowest foreign reserves, months import cover, goods recorded in Thailand?
The lowest recorded value was 0.4246 in 1997.
How does Thailand rank for foreign reserves, months import cover, goods?
Thailand ranks 29th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Thailand?
Over the last ten years it is up 11.6%. The long-run trend across the full record is rising.
Where does this Thailand 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.