Foreign Reserves, Months Import Cover, Goods in United Kingdom

United Kingdom: Foreign Reserves, Months Import Cover, Goods was 0.1954 in 2024. ▲ Rising

Latest (2024)
0.1954
Change on year
down 6.2%
World rank
89th
of 116 countries
All-time high
0.2836
in 2020
All-time low
0.0875
in 2008
Years of data
34
1991–2024

Foreign Reserves, Months Import Cover, Goods in United Kingdom, 1991–2024

0.10.150.20.250.31991200720241991: 0.2111992: 0.1751993: 0.1841994: 0.1861995: 0.1631996: 0.1431997: 0.1091998: 0.1051999: 0.1272000: 0.1382001: 0.132002: 0.1432003: 0.1312004: 0.1232005: 0.1052006: 0.0962007: 0.112008: 0.0872009: 0.1392010: 0.152011: 0.1462012: 0.1552013: 0.1622014: 0.1642015: 0.2232016: 0.2092017: 0.2232018: 0.2412019: 0.2422020: 0.2842021: 0.2592022: 0.1992023: 0.2082024: 0.195

Source: World Bank staff calculations based on Datastream data.

Analysis

The most recent figure for foreign reserves, months import cover, goods in United Kingdom is 0.1954, measured in 2024.

The figure is down 6.2% on the previous year and up 19.4% over ten years.

Over the whole period, foreign reserves, months import cover, goods in United Kingdom peaked at 0.2836 in 2020 and was at its lowest, 0.0875, in 2008.

That places United Kingdom 89th out of 116 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1557 0.1046 0.2105 9
2000s 0.1203 0.0875 0.143 10
2010s 0.1914 0.1457 0.2419 10
2020s 0.2291 0.1954 0.2836 5

Countries ranked near United Kingdom

  1. 86 Canada 0.2089 compare
  2. 87 Australia 0.2038 compare
  3. 88 Bolivia 0.199 compare
  4. 90 Spain 0.1844 compare
  5. 91 Ecuador 0.1839 compare
  6. 92 Finland 0.1781 compare

See the full ranking of 126 places →

More reference data data for United Kingdom

All data for United Kingdom →

Frequently asked questions

What is foreign reserves, months import cover, goods in United Kingdom?
Foreign reserves, months import cover, goods in United Kingdom was 0.1954 in 2024, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in United Kingdom?
The highest recorded value was 0.2836 in 2020.
What is the lowest foreign reserves, months import cover, goods recorded in United Kingdom?
The lowest recorded value was 0.0875 in 2008.
How does United Kingdom rank for foreign reserves, months import cover, goods?
United Kingdom ranks 89th out of 116 countries with data for 2024.
Is foreign reserves, months import cover, goods rising or falling in United Kingdom?
Over the last ten years it is up 19.4%. The long-run trend across the full record is rising.
Where does this United Kingdom 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.