Nigeria vs Philippines: Total reserves in months of imports

Nigeria
6.79 ratio
in 2024
Philippines
7.31 ratio
in 2024
Nigeria rank
34th
Philippines rank
32nd

Total reserves in months of imports over time

  • Nigeria
  • Philippines
4681012200020122024

How they compare

Philippines currently reports 7.31 ratio against 6.79 ratio in Nigeria, a difference of 0.52 ratio.

That makes Philippines's figure about 1.1 times Nigeria's.

The two have swapped places 5 times across 25 shared years of data; in 2000 it was Nigeria ahead.

Nigeria ranks 34th and Philippines ranks 32nd of 172 countries.

Across the 3 decades both report, Nigeria averaged higher in 1 and Philippines in 2.

Head to head by decade

Decade Nigeria Philippines Difference Ahead
2000s 7.96 ratio 5.64 ratio 2.32 ratio Nigeria
2010s 5.05 ratio 9.62 ratio 4.57 ratio Philippines
2020s 5.64 ratio 8.81 ratio 3.17 ratio Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves in months of imports, Nigeria or Philippines?
Philippines, at 7.31 ratio against 6.79 ratio in Nigeria as of 2024.
What is the difference in total reserves in months of imports between Nigeria and Philippines?
0.52 ratio, with Philippines ahead.
How many years of comparable data are there for Nigeria and Philippines?
25 years are reported by both, from 2000 to 2024.
How do Nigeria and Philippines rank globally for total reserves in months of imports?
Nigeria ranks 34th and Philippines ranks 32nd of 172 countries.
Where does this data come from?
International Monetary Fund – processed by Our World in Data, published as Total reserves in months of imports. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Philippines: Total reserves in months of imports. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/total-reserves-in-months-of-imports-2/nigeria/philippines/

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About this data

Indicator
Total reserves in months of imports
Unit
ratio
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 3,946 data points, 2000–2024
Last refreshed

Total reserves in months of imports (ratio).