Foreign Reserves, Months Import Cover, Goods in Venezuela

Venezuela: Foreign Reserves, Months Import Cover, Goods was 0.1465 in 2013. ◆ Volatile

Latest (2013)
0.1465
Change on year
down 23.9%
World rank
99th
of 116 countries
All-time high
2.01
in 2003
All-time low
0.1465
in 2013
Years of data
14
2000–2013

Foreign Reserves, Months Import Cover, Goods in Venezuela, 2000–2013

00.511.522000200620132000: 0.9312001: 0.5952002: 0.7662003: 22004: 1.32005: 1.12006: 0.9912007: 0.5882008: 0.7192009: 0.5652010: 0.3982011: 0.2312012: 0.1932013: 0.147

Source: World Bank staff calculations based on Datastream data.

Analysis

In 2013, foreign reserves, months import cover, goods in Venezuela stood at 0.1465. That is the lowest value across all 14 years on record.

The figure is down 23.9% on the previous year and down 92.7% over ten years.

Over the whole period, foreign reserves, months import cover, goods in Venezuela peaked at 2.01 in 2003 and was at its lowest, 0.1465, in 2013.

Venezuela ranks 99th 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
2000s 0.9548 0.5654 2.01 10
2010s 0.2418 0.1465 0.3976 4

Countries ranked near Venezuela

  1. 96 Burundi 0.1534 compare
  2. 97 Italy 0.1489 compare
  3. 98 Belarus 0.1468 compare
  4. 100 Slovakia 0.1292 compare
  5. 101 France 0.1145 compare
  6. 102 Romania 0.1089 compare

See the full ranking of 126 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is foreign reserves, months import cover, goods in Venezuela?
Foreign reserves, months import cover, goods in Venezuela was 0.1465 in 2013, according to World Bank staff calculations based on Datastream data.
What is the highest foreign reserves, months import cover, goods recorded in Venezuela?
The highest recorded value was 2.01 in 2003.
What is the lowest foreign reserves, months import cover, goods recorded in Venezuela?
The lowest recorded value was 0.1465 in 2013.
How does Venezuela rank for foreign reserves, months import cover, goods?
Venezuela ranks 99th out of 116 countries with data for 2013.
Is foreign reserves, months import cover, goods rising or falling in Venezuela?
Over the last ten years it is down 92.7%. The long-run trend across the full record is volatile.
Where does this Venezuela 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 — 14 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.