Total reserves in months of imports in North Macedonia

North Macedonia: Total reserves in months of imports was 4.57 in 2025. ▲ Rising

Latest (2025)
4.57
Change on year
down 0.2%
World rank
80th
of 179 countries
All-time high
5.84
in 2001
All-time low
2.02
in 1996
Years of data
30
1996–2025

Total reserves in months of imports in North Macedonia, 1996–2025

234561996201020251996: 21997: 2.21998: 2.41999: 3.42000: 2.92001: 5.82002: 52003: 4.92004: 42005: 4.72006: 5.82007: 4.72008: 3.52009: 5.12010: 4.72011: 4.42012: 52013: 4.62014: 4.62015: 4.22016: 4.32017: 42018: 42019: 4.22020: 5.32021: 4.12022: 3.62023: 4.42024: 4.62025: 4.6

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 80th 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 in North Macedonia, year by year

Annual values for Total reserves in months of imports in North Macedonia, 1996 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 77 Saint Vincent and the Grenadines 4.75 compare
  2. 78 Türkiye 4.73 compare
  3. 79 Costa Rica 4.65 compare
  4. 81 Tunisia 4.51 compare
  5. 82 Malaysia 4.45 compare
  6. 83 Saint Kitts and Nevis 4.44 compare

See the full ranking of 226 places →

More financial sector data for North Macedonia

All data for North Macedonia →

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 80th 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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Total reserves in months of imports in North Macedonia. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 04 September 2026, from https://financial-sector.statizoid.com/stat/total-reserves-in-months-of-imports/north-macedonia/

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About this data

Indicator
Total reserves in months of imports
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
226 places, 9,271 data points, 1960–2025
Last refreshed

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)].