Australia vs Canada: Total reserves in months of imports
Total reserves in months of imports over time
- Australia
- Canada
How they compare
Canada currently reports 1.6 against 1.58 in Australia, a difference of 0.02.
The two have swapped places 3 times across 37 shared years of data; in 1989 it was Australia ahead.
Australia ranks 151st and Canada ranks 150th of 179 countries.
Across the 5 decades both report, Australia averaged higher in 4 and Canada in 1.
Head to head by decade
| Decade | Australia | Canada | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.94 | 1.53 | 1.41 | Australia |
| 1990s | 2.4 | 1.03 | 1.37 | Australia |
| 2000s | 2.17 | 1.11 | 1.06 | Australia |
| 2010s | 1.63 | 1.38 | 0.2504 | Australia |
| 2020s | 1.5 | 1.61 | 0.1081 | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves in months of imports, Australia or Canada?
- Canada, at 1.6 against 1.58 in Australia as of 2025.
- What is the difference in total reserves in months of imports between Australia and Canada?
- 0.02, with Canada ahead.
- How many years of comparable data are there for Australia and Canada?
- 37 years are reported by both, from 1989 to 2025.
- How do Australia and Canada rank globally for total reserves in months of imports?
- Australia ranks 151st and Canada ranks 150th of 179 countries.
- 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.
Individual pages
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)].