Africa Western and Central vs Solomon Islands: Total reserves in months of imports
Total reserves in months of imports over time
- Africa Western and Central
- Solomon Islands
How they compare
Solomon Islands currently reports 8.9 against 7.16 in Africa Western and Central, a difference of 1.74.
That makes Solomon Islands's figure about 1.2 times Africa Western and Central's.
The two have swapped places 7 times across 48 shared years of data; in 1977 it was Africa Western and Central ahead.
Africa Western and Central ranks 21st and Solomon Islands ranks 21st of 47 groups.
Across the 6 decades both report, Africa Western and Central averaged higher in 2 and Solomon Islands in 4.
Head to head by decade
| Decade | Africa Western and Central | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.4 | 4.11 | 0.7084 | Solomon Islands |
| 1980s | 2.8 | 3.32 | 0.5179 | Solomon Islands |
| 1990s | 6.46 | 1.46 | 5 | Africa Western and Central |
| 2000s | 7.23 | 3.24 | 3.98 | Africa Western and Central |
| 2010s | 4.83 | 8.12 | 3.29 | Solomon Islands |
| 2020s | 5.34 | 10.79 | 5.45 | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves in months of imports, Africa Western and Central or Solomon Islands?
- Solomon Islands, at 8.9 against 7.16 in Africa Western and Central as of 2024.
- What is the difference in total reserves in months of imports between Africa Western and Central and Solomon Islands?
- 1.74, with Solomon Islands ahead.
- How many years of comparable data are there for Africa Western and Central and Solomon Islands?
- 48 years are reported by both, from 1977 to 2024.
- How do Africa Western and Central and Solomon Islands rank globally for total reserves in months of imports?
- Africa Western and Central ranks 21st and Solomon Islands ranks 21st of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves in months of imports. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].