Total reserves in months of imports (reserves International Financial) in Bahamas
Bahamas: Total reserves in months of imports (reserves International Financial) was 3.95 in 2024. ◆ Volatile
Total reserves in months of imports in Bahamas, 1976–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2024, total reserves in months of imports in Bahamas stood at 3.95.
Compared with earlier readings it is down 5.3% on the previous year and up 109.7% over ten years.
Over the whole period, total reserves in months of imports in Bahamas peaked at 7.36 in 2020 and was at its lowest, 0.8717, in 1989.
Bahamas ranks 99th of 179 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in months of imports (reserves International Financial) in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 0.9376 | — |
| 1977 | 1.2 | +27.7% |
| 1978 | 0.9157 | -23.5% |
| 1979 | 1.07 | +16.6% |
| 1980 | 0.9136 | -14.4% |
| 1981 | 0.9422 | +3.1% |
| 1982 | 1.08 | +15.1% |
| 1983 | 1.08 | +0.0% |
| 1984 | 1.37 | +26.7% |
| 1985 | 1.44 | +5.0% |
| 1986 | 1.78 | +23.3% |
| 1987 | 1.23 | -30.9% |
| 1988 | 1.25 | +1.4% |
| 1989 | 0.8717 | -30.1% |
| 1990 | 0.9223 | +5.8% |
| 1991 | 1.1 | +19.6% |
| 1992 | 1.11 | +0.2% |
| 1993 | 1.19 | +7.5% |
| 1994 | 1.15 | -3.1% |
| 1995 | 1.07 | -7.0% |
| 1996 | 0.9196 | -14.2% |
| 1997 | 1.09 | +18.3% |
| 1998 | 1.35 | +24.4% |
| 1999 | 1.57 | +16.3% |
| 2000 | 1.21 | -23.1% |
| 2001 | 1.21 | +0.1% |
| 2002 | 1.49 | +23.3% |
| 2003 | 1.91 | +28.0% |
| 2004 | 2.41 | +26.0% |
| 2005 | 1.78 | -25.9% |
| 2006 | 1.17 | -34.2% |
| 2007 | 1.14 | -2.9% |
| 2008 | 1.42 | +24.5% |
| 2009 | 3.07 | +116.6% |
| 2010 | 3.1 | +0.7% |
| 2011 | 2.82 | -8.8% |
| 2012 | 1.94 | -31.3% |
| 2013 | 1.87 | -3.4% |
| 2014 | 1.89 | +0.6% |
| 2015 | 2.3 | +21.8% |
| 2016 | 2.43 | +5.7% |
| 2017 | 3.18 | +31.1% |
| 2018 | 2.76 | -13.2% |
| 2019 | 3.85 | +39.3% |
| 2020 | 7.36 | +91.0% |
| 2021 | 5.11 | -30.5% |
| 2022 | 4.62 | -9.5% |
| 2023 | 4.17 | -9.8% |
| 2024 | 3.95 | -5.3% |
Bahamas compared with similar countries
- Bahamas's 3.95 is above the median for high income countries, which is 3.58, 1.1× the median. (62 countries reporting)
- Bahamas's 3.95 is below the median for Latin America & Caribbean, which is 4.12, 96% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.03 | 0.9157 | 1.2 | 4 |
| 1980s | 1.2 | 0.8717 | 1.78 | 10 |
| 1990s | 1.15 | 0.9196 | 1.57 | 10 |
| 2000s | 1.68 | 1.14 | 3.07 | 10 |
| 2010s | 2.61 | 1.87 | 3.85 | 10 |
| 2020s | 5.04 | 3.95 | 7.36 | 5 |
Countries ranked near Bahamas
- 96 Argentina 4.03 compare
- 97 Dominican Republic 3.97 compare
- 98 Namibia 3.96 compare
- 100 Kyrgyzstan 3.95 compare
- 101 Montenegro 3.95 compare
- 102 Bangladesh 3.91 compare
More financial sector data for Bahamas
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2024)
- Reserve position in the IMF, US dollar, per capita 65.53 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2024)
- Reserve position in the IMF, SDR, per capita 47.85 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2024)
- Reserve tranche position, US dollar, per capita 65.53 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is total reserves in months of imports in Bahamas?
- Total reserves in months of imports in Bahamas was 3.95 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Bahamas?
- The highest recorded value was 7.36 in 2020.
- What is the lowest total reserves in months of imports recorded in Bahamas?
- The lowest recorded value was 0.8717 in 1989.
- How does Bahamas rank for total reserves in months of imports?
- Bahamas ranks 99th out of 179 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Bahamas?
- Over the last ten years it is up 109.7%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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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)].