Total reserves in months of imports (reserves International Financial) in North Macedonia
North Macedonia: Total reserves in months of imports (reserves International Financial) was 4.57 in 2025. ▲ Rising
Total reserves in months of imports in North Macedonia, 1996–2025
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
North Macedonia recorded 4.57 for total reserves in months of imports in 2025.
Compared with earlier readings it is down 0.2% on the previous year and up 8.1% over ten years.
Over the whole period, total reserves in months of imports in North Macedonia peaked at 5.84 in 2001 and was at its lowest, 2.02, in 1996.
That places North Macedonia 83rd out of 179 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Total reserves in months of imports (reserves International Financial) in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 2.02 | — |
| 1997 | 2.16 | +6.7% |
| 1998 | 2.42 | +12.2% |
| 1999 | 3.36 | +39.0% |
| 2000 | 2.92 | -13.1% |
| 2001 | 5.84 | +99.7% |
| 2002 | 4.97 | -14.9% |
| 2003 | 4.93 | -0.7% |
| 2004 | 4 | -19.0% |
| 2005 | 4.74 | +18.7% |
| 2006 | 5.77 | +21.6% |
| 2007 | 4.69 | -18.7% |
| 2008 | 3.51 | -25.0% |
| 2009 | 5.11 | +45.3% |
| 2010 | 4.72 | -7.6% |
| 2011 | 4.36 | -7.7% |
| 2012 | 5.01 | +15.0% |
| 2013 | 4.61 | -8.0% |
| 2014 | 4.56 | -1.2% |
| 2015 | 4.22 | -7.4% |
| 2016 | 4.31 | +2.1% |
| 2017 | 3.98 | -7.7% |
| 2018 | 3.97 | -0.4% |
| 2019 | 4.23 | +6.6% |
| 2020 | 5.26 | +24.5% |
| 2021 | 4.08 | -22.5% |
| 2022 | 3.59 | -12.0% |
| 2023 | 4.37 | +21.8% |
| 2024 | 4.58 | +4.7% |
| 2025 | 4.57 | -0.2% |
North Macedonia compared with similar countries
- North Macedonia's 4.57 is below the median for upper middle income countries, which is 5.13, 89% of the median. (55 countries reporting)
- North Macedonia's 4.57 is above the median for Europe & Central Asia, which is 3.5, 1.3× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.49 | 2.02 | 3.36 | 4 |
| 2000s | 4.65 | 2.92 | 5.84 | 10 |
| 2010s | 4.4 | 3.97 | 5.01 | 10 |
| 2020s | 4.41 | 3.59 | 5.26 | 6 |
Countries ranked near North Macedonia
More financial sector data for North Macedonia
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 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 North Macedonia?
- Total reserves in months of imports in North Macedonia was 4.57 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in North Macedonia?
- The highest recorded value was 5.84 in 2001.
- What is the lowest total reserves in months of imports recorded in North Macedonia?
- The lowest recorded value was 2.02 in 1996.
- How does North Macedonia rank for total reserves in months of imports?
- North Macedonia ranks 83rd out of 179 countries with data for 2025.
- Is total reserves in months of imports rising or falling in North Macedonia?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
- Where does this North Macedonia 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)].