Total reserves in months of imports in Pacific island small states
Pacific island small states: Total reserves in months of imports was 7.02 in 2024. ▲ Rising
Total reserves in months of imports in Pacific island small states, 1979–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2024, total reserves in months of imports in Pacific island small states stood at 7.02.
Compared with earlier readings it is down 0.3% on the previous year and up 37.3% over ten years.
Over the whole period, total reserves in months of imports in Pacific island small states peaked at 10.33 in 2021 and was at its lowest, 2.13, in 2008.
That places Pacific island small states 23rd out of 47 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Total reserves in months of imports in Pacific island small states, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 3.63 | — |
| 1980 | 3.25 | -10.5% |
| 1981 | 2.32 | -28.5% |
| 1982 | 2.82 | +21.4% |
| 1983 | 3.32 | +17.8% |
| 1984 | 3.43 | +3.4% |
| 1985 | 3.41 | -0.6% |
| 1986 | 3.68 | +7.9% |
| 1987 | 3.94 | +7.0% |
| 1988 | 4.58 | +16.3% |
| 1989 | 3.91 | -14.5% |
| 1990 | 4.18 | +6.9% |
| 1991 | 4.16 | -0.4% |
| 1992 | 4.14 | -0.6% |
| 1993 | 3.55 | -14.3% |
| 1994 | 3.29 | -7.1% |
| 1995 | 3.53 | +7.2% |
| 1996 | 3.84 | +8.8% |
| 1997 | 3.37 | -12.5% |
| 1998 | 4.23 | +25.6% |
| 1999 | 4.42 | +4.6% |
| 2000 | 4.07 | -7.9% |
| 2001 | 3.59 | -11.9% |
| 2002 | 3.53 | -1.5% |
| 2003 | 3.26 | -7.8% |
| 2004 | 3.67 | +12.6% |
| 2005 | 2.72 | -25.7% |
| 2006 | 2.84 | +4.3% |
| 2007 | 3.27 | +14.9% |
| 2008 | 2.13 | -34.7% |
| 2009 | 4.27 | +100.0% |
| 2010 | 4.41 | +3.4% |
| 2011 | 4.72 | +6.9% |
| 2012 | 5.23 | +11.0% |
| 2013 | 5.19 | -0.9% |
| 2014 | 5.12 | -1.4% |
| 2015 | 5.79 | +13.2% |
| 2016 | 5.71 | -1.4% |
| 2017 | 6.28 | +10.1% |
| 2018 | 6.32 | +0.5% |
| 2019 | 6.55 | +3.7% |
| 2020 | 10.28 | +57.0% |
| 2021 | 10.33 | +0.4% |
| 2022 | 8.26 | -20.0% |
| 2023 | 7.05 | -14.7% |
| 2024 | 7.02 | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.63 | 3.63 | 3.63 | 1 |
| 1980s | 3.46 | 2.32 | 4.58 | 10 |
| 1990s | 3.87 | 3.29 | 4.42 | 10 |
| 2000s | 3.34 | 2.13 | 4.27 | 10 |
| 2010s | 5.53 | 4.41 | 6.55 | 10 |
| 2020s | 8.59 | 7.02 | 10.33 | 5 |
Countries ranked near Pacific island small states
- 20 Macau, China 9 compare
- 21 Solomon Islands 8.9 compare
- 22 Cape Verde 8.69 compare
- 23 Uruguay 8.67 compare
- 24 Brazil 8.42 compare
- 25 Kuwait 8.41 compare
- 26 Thailand 8.03 compare
More financial sector data for Pacific island small states
- Domestic credit to private sector 85.2% (2024)
- Total reserves in months of imports, annual growth rate -0.3486 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Net migration, annual growth rate 0.164 % change on previous year (2025)
- Net migration -10,352 (2025)
- Domestic credit to private sector by banks 60.2% (2024)
- Claims on central government, etc. 19.0% (2024)
- Broad money 77.8% (2023)
- Monetary Sector credit to private sector 60.4% (2024)
Frequently asked questions
- What is total reserves in months of imports in Pacific island small states?
- Total reserves in months of imports in Pacific island small states was 7.02 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Pacific island small states?
- The highest recorded value was 10.33 in 2021.
- What is the lowest total reserves in months of imports recorded in Pacific island small states?
- The lowest recorded value was 2.13 in 2008.
- How does Pacific island small states rank for total reserves in months of imports?
- Pacific island small states ranks 23rd out of 47 groups with data for 2024.
- Is total reserves in months of imports rising or falling in Pacific island small states?
- Over the last ten years it is up 37.3%. The long-run trend across the full record is rising.
- Where does this Pacific island small states 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)].