Foreign Reserves, Months Import Cover, Goods in Turkey

Turkey: Foreign Reserves, Months Import Cover, Goods was 0.4833 in 2024. ▬ Flat

Latest (2024)
0.4833
Change on year
up 16.3%
World rank
57th
of 116 countries
All-time high
0.5465
in 2002
All-time low
0.3666
in 2008
Years of data
25
2000–2024

Foreign Reserves, Months Import Cover, Goods in Turkey, 2000–2024

00.20.40.62000201220242000: 0.4292001: 0.4782002: 0.5462003: 0.5092004: 0.3872005: 0.4492006: 0.4542007: 0.452008: 0.3672009: 0.5322010: 0.4642011: 0.3672012: 0.5032013: 0.5212014: 0.5252015: 0.5332016: 0.5332017: 0.4612018: 0.4172019: 0.5222020: 0.4472021: 0.4272022: 0.3762023: 0.4152024: 0.483

Source: World Bank staff calculations based on Datastream data.

Analysis

Turkey recorded 0.4833 for foreign reserves, months import cover, goods in 2024.

That represents a change of up 16.3% on the previous year and down 7.9% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Turkey peaked at 0.5465 in 2002 and was at its lowest, 0.3666, in 2008.

That places Turkey 57th out of 116 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.4601 0.3666 0.5465 10
2010s 0.4845 0.3666 0.5333 10
2020s 0.4297 0.3761 0.4833 5

Countries ranked near Turkey

  1. 54 Egypt 0.5073 compare
  2. 55 Uganda 0.5002 compare
  3. 56 Morocco 0.4892 compare
  4. 58 Mongolia 0.4751 compare
  5. 59 New Zealand 0.4637 compare
  6. 60 Dominican Republic 0.4488 compare

See the full ranking of 126 places →

More reference data data for Turkey

All data for Turkey →

Frequently asked questions

What is foreign reserves, months import cover, goods in Turkey?
Foreign reserves, months import cover, goods in Turkey was 0.4833 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Turkey?
The highest recorded value was 0.5465 in 2002.
What is the lowest foreign reserves, months import cover, goods recorded in Turkey?
The lowest recorded value was 0.3666 in 2008.
How does Turkey rank for foreign reserves, months import cover, goods?
Turkey ranks 57th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in Turkey?
Over the last ten years it is down 7.9%. The long-run trend across the full record is flat.
Where does this Turkey 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 — 25 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.