Guinea - Total reserves in months of imports
Total reserves in months of imports
The value for Total reserves in months of imports in Guinea was 1.08 as of 2005. As the graph below shows, over the past 14 years this indicator reached a maximum value of 3.14 in 2003 and a minimum value of 0.93 in 1994.
Definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. This item shows reserves expressed in terms of the number of months of imports of goods and services they could pay for [Reserves/(Imports/12)].
Source: International Monetary Fund, International Financial Statistics and data files.
Sub-Topic: Balance of payments