Libya vs Saudi Arabia: Total reserves in months of imports (reserves International Financial)
Total reserves in months of imports (reserves International Financial) over time
- Libya
- Saudi Arabia
How they compare
Libya currently reports 31.57 against 15.59 in Saudi Arabia, a difference of 15.98.
That makes Libya's figure about 2.0 times Saudi Arabia's.
The two have swapped places 5 times across 47 shared years of data; in 1977 it was Saudi Arabia ahead.
Libya ranks 1st and Saudi Arabia ranks 4th of 179 countries.
Across the 6 decades both report, Libya averaged higher in 5 and Saudi Arabia in 1.
Head to head by decade
| Decade | Libya | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.43 | 7.98 | 0.5514 | Saudi Arabia |
| 1980s | 9.26 | 5.88 | 3.37 | Libya |
| 1990s | 11.12 | 3.05 | 8.07 | Libya |
| 2000s | 32.22 | 15.37 | 16.84 | Libya |
| 2010s | 47.92 | 31.34 | 16.58 | Libya |
| 2020s | 42.17 | 22.39 | 19.78 | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves in months of imports, Libya or Saudi Arabia?
- Libya, at 31.57 against 15.59 in Saudi Arabia as of 2023.
- What is the difference in total reserves in months of imports between Libya and Saudi Arabia?
- 15.98, with Libya ahead.
- How many years of comparable data are there for Libya and Saudi Arabia?
- 47 years are reported by both, from 1977 to 2023.
- How do Libya and Saudi Arabia rank globally for total reserves in months of imports?
- Libya ranks 1st and Saudi Arabia ranks 4th 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.
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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)].