Total reserves in months of imports in Australia
Australia: Total reserves in months of imports was 1.36 ratio in 2024. ▼ Falling
Total reserves in months of imports in Australia, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
In 2024, total reserves in months of imports in Australia stood at 1.36 ratio.
Compared with earlier readings it is down 5.6% on the previous year and down 18.1% over ten years.
Over the whole period, total reserves in months of imports in Australia peaked at 2.94 ratio in 2003 and was at its lowest, 1.12 ratio, in 2007.
That places Australia 149th out of 172 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Total reserves in months of imports in Australia, year by year
| Year | ratio | Change |
|---|---|---|
| 2000 | 2.06 ratio | — |
| 2001 | 2.26 ratio | +9.7% |
| 2002 | 2.34 ratio | +3.5% |
| 2003 | 2.94 ratio | +25.6% |
| 2004 | 2.56 ratio | -12.9% |
| 2005 | 2.59 ratio | +1.2% |
| 2006 | 2.85 ratio | +10.0% |
| 2007 | 1.12 ratio | -60.7% |
| 2008 | 1.19 ratio | +6.2% |
| 2009 | 1.8 ratio | +51.3% |
| 2010 | 1.45 ratio | -19.4% |
| 2011 | 1.33 ratio | -8.3% |
| 2012 | 1.37 ratio | +3.0% |
| 2013 | 1.55 ratio | +13.1% |
| 2014 | 1.66 ratio | +7.1% |
| 2015 | 1.6 ratio | -3.6% |
| 2016 | 1.89 ratio | +18.1% |
| 2017 | 2.08 ratio | +10.1% |
| 2018 | 1.57 ratio | -24.5% |
| 2019 | 1.79 ratio | +14.0% |
| 2020 | 1.61 ratio | -10.1% |
| 2021 | 1.75 ratio | +8.7% |
| 2022 | 1.31 ratio | -25.1% |
| 2023 | 1.44 ratio | +9.9% |
| 2024 | 1.36 ratio | -5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.17 ratio | 1.12 ratio | 2.94 ratio | 10 |
| 2010s | 1.63 ratio | 1.33 ratio | 2.08 ratio | 10 |
| 2020s | 1.49 ratio | 1.31 ratio | 1.75 ratio | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.07 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2211 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 14,399 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -71.33 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -70.96 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.45 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.035 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2,281 current LCU per person (2025)
Frequently asked questions
- What is total reserves in months of imports in Australia?
- Total reserves in months of imports in Australia was 1.36 ratio in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest total reserves in months of imports recorded in Australia?
- The highest recorded value was 2.94 ratio in 2003.
- What is the lowest total reserves in months of imports recorded in Australia?
- The lowest recorded value was 1.12 ratio in 2007.
- How does Australia rank for total reserves in months of imports?
- Australia ranks 149th out of 172 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Australia?
- Over the last ten years it is down 18.1%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, 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
Total reserves in months of imports (ratio).