Australia vs Congo: Total reserves in months of imports
Total reserves in months of imports over time
- Australia
- Congo
How they compare
Congo currently reports 1.6 against 1.58 in Australia, a difference of 0.02.
The two have swapped places 4 times across 31 shared years of data; in 1989 it was Australia ahead.
Australia ranks 150th and Congo ranks 148th of 178 countries.
Across the 5 decades both report, Australia averaged higher in 2 and Congo in 3.
Head to head by decade
| Decade | Australia | Congo | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.94 | 0.0911 | 2.85 | Australia |
| 1990s | 2.4 | 0.2098 | 2.19 | Australia |
| 2000s | 2.17 | 2.36 | 0.1928 | Congo |
| 2010s | 1.58 | 5.29 | 3.71 | Congo |
| 2020s | 1.67 | 2.83 | 1.17 | Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves in months of imports, Australia or Congo?
- Congo, at 1.6 against 1.58 in Australia as of 2021.
- What is the difference in total reserves in months of imports between Australia and Congo?
- 0.02, with Congo ahead.
- How many years of comparable data are there for Australia and Congo?
- 31 years are reported by both, from 1989 to 2021.
- How do Australia and Congo rank globally for total reserves in months of imports?
- Australia ranks 150th and Congo ranks 148th of 178 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)].