Total reserves in months of imports - South America
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)].
Description: The map below shows how Total reserves in months of imports varies by country in South America. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Brazil, with a value of 13.64. The country with the lowest value in the region is Ecuador, with a value of 0.90.
Source: International Monetary Fund, International Financial Statistics and data files.
Aggregation method: Weighted average