Total reserves in months of imports in Iceland
Iceland: Total reserves in months of imports was 5.32 in 2025. ◆ Volatile
Total reserves in months of imports in Iceland, 1976–2025
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Iceland recorded 5.32 for total reserves in months of imports in 2025.
That represents a change of up 10.3% on the previous year and down 23.3% over ten years.
Over the whole period, total reserves in months of imports in Iceland peaked at 10.03 in 2020 and was at its lowest, 1.2, in 2001.
That places Iceland 67th out of 178 countries with data for 2025, putting it 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 in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 1.67 | — |
| 1977 | 1.62 | -3.0% |
| 1978 | 1.97 | +21.8% |
| 1979 | 2.04 | +3.3% |
| 1980 | 1.89 | -7.2% |
| 1981 | 2.19 | +15.8% |
| 1982 | 1.53 | -29.9% |
| 1983 | 1.75 | +13.9% |
| 1984 | 1.38 | -20.8% |
| 1985 | 1.98 | +43.5% |
| 1986 | 2.54 | +27.8% |
| 1987 | 1.88 | -25.8% |
| 1988 | 1.69 | -10.1% |
| 1989 | 2.11 | +24.5% |
| 1990 | 2.31 | +9.7% |
| 1991 | 2.27 | -1.9% |
| 1992 | 2.6 | +14.8% |
| 1993 | 2.62 | +0.4% |
| 1994 | 1.76 | -32.8% |
| 1995 | 1.55 | -11.9% |
| 1996 | 1.95 | +26.1% |
| 1997 | 1.63 | -16.6% |
| 1998 | 1.5 | -8.2% |
| 1999 | 1.64 | +9.4% |
| 2000 | 1.24 | -24.0% |
| 2001 | 1.2 | -3.7% |
| 2002 | 1.58 | +32.2% |
| 2003 | 2.12 | +34.0% |
| 2004 | 2.04 | -3.9% |
| 2005 | 1.38 | -32.2% |
| 2006 | 2.34 | +69.5% |
| 2007 | 2.12 | -9.4% |
| 2008 | 3.19 | +50.1% |
| 2009 | 5.57 | +74.7% |
| 2010 | 8.19 | +47.2% |
| 2011 | 9.98 | +21.8% |
| 2012 | 5.34 | -46.4% |
| 2013 | 5.95 | +11.3% |
| 2014 | 5.44 | -8.6% |
| 2015 | 6.94 | +27.6% |
| 2016 | 9.33 | +34.4% |
| 2017 | 7.11 | -23.8% |
| 2018 | 6.33 | -10.9% |
| 2019 | 8.13 | +28.4% |
| 2020 | 10.03 | +23.3% |
| 2021 | 7.74 | -22.8% |
| 2022 | 4.85 | -37.3% |
| 2023 | 4.58 | -5.6% |
| 2024 | 4.83 | +5.5% |
| 2025 | 5.32 | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.82 | 1.62 | 2.04 | 4 |
| 1980s | 1.89 | 1.38 | 2.54 | 10 |
| 1990s | 1.98 | 1.5 | 2.62 | 10 |
| 2000s | 2.28 | 1.2 | 5.57 | 10 |
| 2010s | 7.27 | 5.34 | 9.98 | 10 |
| 2020s | 6.22 | 4.58 | 10.03 | 6 |
Countries ranked near Iceland
- 64 Republic of Moldova 5.4 compare
- 65 Tanzania, United Republic of 5.39 compare
- 66 Angola 5.32 compare
- 68 Honduras 5.3 compare
- 69 Micronesia, Federated States of 5.28 compare
- 70 Cameroon 5.28 compare
More financial sector data for Iceland
- Total reserves (gold at national valuation) (SDR), annual growth rate 14.94 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 14,384 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 10.27 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 15.36 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1281 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 12,597 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 13.81 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 13,870 SDR per person (2025)
Frequently asked questions
- What is total reserves in months of imports in Iceland?
- Total reserves in months of imports in Iceland was 5.32 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Iceland?
- The highest recorded value was 10.03 in 2020.
- What is the lowest total reserves in months of imports recorded in Iceland?
- The lowest recorded value was 1.2 in 2001.
- How does Iceland rank for total reserves in months of imports?
- Iceland ranks 67th out of 178 countries with data for 2025.
- Is total reserves in months of imports rising or falling in Iceland?
- Over the last ten years it is down 23.3%. The long-run trend across the full record is volatile.
- Where does this Iceland 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)].