Total reserves in Pacific island small states
Pacific island small states: Total reserves was 68.2% in 2024. ◆ Volatile
Total reserves in Pacific island small states, 1971–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Pacific island small states recorded 68.2% for total reserves in 2024.
That represents a change of down 8.9% on the previous year and down 8.1% over ten years.
Over the whole period, total reserves in Pacific island small states peaked at 294.6% in 1972 and was at its lowest, 40.7%, in 1983.
Pacific island small states ranks 14th of 40 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in Pacific island small states, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1971 | 264.2% | — |
| 1972 | 294.6% | +11.5% |
| 1973 | 139.5% | -52.6% |
| 1974 | 168.5% | +20.8% |
| 1975 | 202.1% | +19.9% |
| 1976 | 140.5% | -30.5% |
| 1977 | 103.5% | -26.3% |
| 1978 | 109.4% | +5.7% |
| 1979 | 88.5% | -19.1% |
| 1980 | 70.0% | -20.9% |
| 1981 | 47.3% | -32.4% |
| 1982 | 44.6% | -5.8% |
| 1983 | 40.7% | -8.6% |
| 1984 | 41.4% | +1.6% |
| 1985 | 43.0% | +3.9% |
| 1986 | 50.6% | +17.7% |
| 1987 | 45.8% | -9.5% |
| 1988 | 64.1% | +40.0% |
| 1989 | 63.1% | -1.6% |
| 1990 | 67.0% | +6.1% |
| 1991 | 69.4% | +3.7% |
| 1992 | 86.0% | +23.9% |
| 1993 | 68.1% | -20.9% |
| 1994 | 68.9% | +1.2% |
| 1995 | 80.9% | +17.4% |
| 1996 | 103.0% | +27.3% |
| 1997 | 96.6% | -6.2% |
| 1998 | 95.6% | -1.1% |
| 1999 | 86.3% | -9.7% |
| 2000 | 84.5% | -2.1% |
| 2001 | 74.5% | -11.9% |
| 2002 | 64.1% | -13.9% |
| 2003 | 72.8% | +13.6% |
| 2004 | 88.2% | +21.2% |
| 2005 | 73.3% | -16.9% |
| 2006 | 70.6% | -3.7% |
| 2007 | 93.4% | +32.4% |
| 2008 | 51.7% | -44.7% |
| 2009 | 62.7% | +21.3% |
| 2010 | 71.5% | +13.9% |
| 2011 | 79.4% | +11.1% |
| 2012 | 81.2% | +2.4% |
| 2013 | 81.7% | +0.6% |
| 2014 | 74.2% | -9.3% |
| 2015 | 75.8% | +2.2% |
| 2016 | 75.9% | +0.1% |
| 2017 | 78.9% | +3.9% |
| 2018 | 79.7% | +1.0% |
| 2019 | 79.2% | -0.5% |
| 2020 | 84.2% | +6.3% |
| 2021 | 85.1% | +1.0% |
| 2022 | 77.1% | -9.4% |
| 2023 | 74.9% | -2.9% |
| 2024 | 68.2% | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 167.9% | 88.5% | 294.6% | 9 |
| 1980s | 51.1% | 40.7% | 70.0% | 10 |
| 1990s | 82.2% | 67.0% | 103.0% | 10 |
| 2000s | 73.6% | 51.7% | 93.4% | 10 |
| 2010s | 77.7% | 71.5% | 81.7% | 10 |
| 2020s | 77.9% | 68.2% | 85.1% | 5 |
Countries ranked near Pacific island small states
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 Pacific island small states?
- Total reserves in Pacific island small states was 68.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total reserves recorded in Pacific island small states?
- The highest recorded value was 294.6% in 1972.
- What is the lowest total reserves recorded in Pacific island small states?
- The lowest recorded value was 40.7% in 1983.
- How does Pacific island small states rank for total reserves?
- Pacific island small states ranks 14th out of 40 groups with data for 2024.
- Is total reserves rising or falling in Pacific island small states?
- Over the last ten years it is down 8.1%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total reserves (% of total external debt). 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 indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.