Total reserves in months of imports in Micronesia (country)
Micronesia (country): Total reserves in months of imports was 5.28 in 2014. ▲ Rising
Total reserves in months of imports in Micronesia (country), 2009–2014
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2014, total reserves in months of imports in Micronesia (country) stood at 5.28. That is the highest value across all 6 years on record.
That represents a change of up 42.2% on the previous year and up 97.6% over ten years.
That places Micronesia (country) 69th out of 178 countries with data for 2014, putting it in the middle of the range.
Total reserves in months of imports in Micronesia (country), year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 2.67 | — |
| 2010 | 2.65 | -0.9% |
| 2011 | 3.38 | +27.6% |
| 2012 | 3.3 | -2.3% |
| 2013 | 3.71 | +12.5% |
| 2014 | 5.28 | +42.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.67 | 2.67 | 2.67 | 1 |
| 2010s | 3.66 | 2.65 | 5.28 | 5 |
Countries ranked near Micronesia (country)
More financial sector data for Micronesia (country)
- Total reserves in months of imports, annual growth rate 42.22 % change on previous year (2014)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2014)
- Total reserves in months of imports, per capita 0 units per person (2014)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 11.3 % change on previous year (2021)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.874 SDR per US$ of GDP (2021)
- Reserves excluding gold, foreign exchange (SDR), per capita 3,066 SDR per person (2021)
- Reserves excluding gold (SDR), annual growth rate 13.27 % change on previous year (2021)
- Reserves excluding gold (SDR), per capita 3,184 SDR per person (2021)
- Total reserves (gold at market value) (SDR), annual growth rate 13.27 % change on previous year (2021)
- Total reserves (gold at market value) (SDR), per capita 3,184 SDR per person (2021)
Frequently asked questions
- What is total reserves in months of imports in Micronesia (country)?
- Total reserves in months of imports in Micronesia (country) was 5.28 in 2014, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Micronesia (country)?
- The highest recorded value was 5.28 in 2014.
- What is the lowest total reserves in months of imports recorded in Micronesia (country)?
- The lowest recorded value was 2.65 in 2010.
- How does Micronesia (country) rank for total reserves in months of imports?
- Micronesia (country) ranks 69th out of 178 countries with data for 2014.
- Is total reserves in months of imports rising or falling in Micronesia (country)?
- Over the last ten years it is up 97.6%. The long-run trend across the full record is rising.
- Where does this Micronesia (country) 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)].