Total reserves in months of imports in Low income
Low income: Total reserves in months of imports was 3.28 in 2024. ▲ Rising
Total reserves in months of imports in Low income, 1979–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Low income recorded 3.28 for total reserves in months of imports in 2024.
The figure is up 11.6% on the previous year and down 35.1% over ten years.
Over the whole period, total reserves in months of imports in Low income peaked at 12.74 in 2005 and was at its lowest, 2.55, in 1984.
That places Low income 46th out of 47 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Total reserves in months of imports in Low income, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 8.41 | — |
| 1980 | 6.37 | -24.2% |
| 1981 | 4.28 | -32.9% |
| 1982 | 4.56 | +6.6% |
| 1983 | 3.8 | -16.8% |
| 1984 | 2.55 | -32.9% |
| 1985 | 3.62 | +42.2% |
| 1986 | 3.4 | -6.1% |
| 1987 | 4.37 | +28.5% |
| 1988 | 4.58 | +4.8% |
| 1989 | 5.09 | +11.0% |
| 1993 | 3.36 | -34.0% |
| 1994 | 4.23 | +26.1% |
| 2005 | 12.74 | +201.1% |
| 2006 | 11.4 | -10.5% |
| 2007 | 9.57 | -16.1% |
| 2008 | 7.84 | -18.1% |
| 2009 | 9.09 | +16.0% |
| 2010 | 8.41 | -7.5% |
| 2011 | 5.27 | -37.4% |
| 2012 | 4.88 | -7.3% |
| 2013 | 4.8 | -1.8% |
| 2014 | 5.06 | +5.5% |
| 2015 | 4.9 | -3.2% |
| 2016 | 6.07 | +24.0% |
| 2017 | 6.63 | +9.1% |
| 2018 | 6.23 | -6.0% |
| 2019 | 6.78 | +9.0% |
| 2020 | 8.61 | +26.8% |
| 2021 | 4.14 | -51.8% |
| 2022 | 2.91 | -29.8% |
| 2023 | 2.94 | +1.1% |
| 2024 | 3.28 | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.41 | 8.41 | 8.41 | 1 |
| 1980s | 4.26 | 2.55 | 6.37 | 10 |
| 1990s | 3.8 | 3.36 | 4.23 | 2 |
| 2000s | 10.13 | 7.84 | 12.74 | 5 |
| 2010s | 5.9 | 4.8 | 8.41 | 10 |
| 2020s | 4.38 | 2.91 | 8.61 | 5 |
Countries ranked near Low income
- 43 Bosnia and Herzegovina 6.49 compare
- 44 Jamaica 6.47 compare
- 45 Republic of Korea 6.46 compare
- 46 South Africa 6.22 compare
- 47 Serbia 6.16 compare
- 48 Timor-Leste 6.07 compare
- 49 Morocco 5.93 compare
More financial sector data for Low income
- Broad money 22.6% (2015)
- Net migration 160,831 (2025)
- Net migration, annual growth rate 217.81 % change on previous year (2025)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Domestic credit to private sector 12.6% (2020)
- Claims on central government, etc. 7.1% (2020)
- Domestic credit to private sector by banks 12.4% (2020)
- Monetary Sector credit to private sector 13.4% (2021)
- Total reserves in months of imports, annual growth rate 11.57 % change on previous year (2024)
Frequently asked questions
- What is total reserves in months of imports in Low income?
- Total reserves in months of imports in Low income was 3.28 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Low income?
- The highest recorded value was 12.74 in 2005.
- What is the lowest total reserves in months of imports recorded in Low income?
- The lowest recorded value was 2.55 in 1984.
- How does Low income rank for total reserves in months of imports?
- Low income ranks 46th out of 47 groups with data for 2024.
- Is total reserves in months of imports rising or falling in Low income?
- Over the last ten years it is down 35.1%. The long-run trend across the full record is rising.
- Where does this Low income 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)].