Iraq - Total reserves in months of imports

The value for Total reserves in months of imports in Iraq was 11.36 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 15.87 in 2008 and a minimum value of 4.68 in 2005.

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.

See also:

Year Value
2005 4.68
2006 8.31
2007 14.26
2008 15.87
2009 12.05
2010 12.74
2011 13.78
2012 13.09
2013 12.80
2014 11.33
2015 10.80
2016 11.81
2017 11.74
2018 12.99
2019 10.86
2020 11.36

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments