Upper middle income - Total reserves in months of imports

Total reserves in months of imports

The value for Total reserves in months of imports in Upper middle income was 14.03 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of 20.59 in 2009 and a minimum value of 4.23 in 1981.

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
1978 6.56
1979 7.11
1980 6.72
1981 4.23
1982 5.94
1983 5.91
1984 5.30
1985 4.81
1986 5.36
1987 5.87
1988 4.66
1989 4.54
1990 5.69
1991 6.54
1992 5.47
1993 5.76
1994 6.02
1995 5.73
1996 6.48
1997 8.88
1998 9.22
1999 8.85
2000 7.80
2001 8.85
2002 10.37
2003 9.14
2004 10.30
2005 11.44
2006 13.01
2007 15.29
2008 15.18
2009 20.59
2010 17.87
2011 16.71
2012 15.93
2013 16.11
2014 15.64
2015 15.58
2016 15.26
2017 14.06
2018 12.36
2019 12.67
2020 14.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments