Total reserves in months of imports in Canada
Canada: Total reserves in months of imports was 1.57 ratio in 2024. ▲ Rising
Latest (2024)
1.57 ratio
Change on year
unchanged
World rank
144th
of 172 countries
All-time high
1.76 ratio
in 2020
All-time low
0.83 ratio
in 2006
Years of data
25
2000–2024
Total reserves in months of imports in Canada, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
Canada recorded 1.57 ratio for total reserves in months of imports in 2024.
That represents a change of up 20.8% over ten years.
Over the whole period, total reserves in months of imports in Canada peaked at 1.76 ratio in 2020 and was at its lowest, 0.83 ratio, in 2006.
Canada ranks 144th of 172 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Total reserves in months of imports in Canada, year by year
| Year | ratio | Change |
|---|---|---|
| 2000 | 1.16 ratio | — |
| 2001 | 1.32 ratio | +13.8% |
| 2002 | 1.44 ratio | +9.1% |
| 2003 | 1.28 ratio | -11.1% |
| 2004 | 1.07 ratio | -16.4% |
| 2005 | 0.88 ratio | -17.8% |
| 2006 | 0.83 ratio | -5.7% |
| 2007 | 0.88 ratio | +6.0% |
| 2008 | 0.88 ratio | +0.0% |
| 2009 | 1.36 ratio | +54.5% |
| 2010 | 1.17 ratio | -14.0% |
| 2011 | 1.19 ratio | +1.7% |
| 2012 | 1.19 ratio | +0.0% |
| 2013 | 1.26 ratio | +5.9% |
| 2014 | 1.3 ratio | +3.2% |
| 2015 | 1.54 ratio | +18.5% |
| 2016 | 1.65 ratio | +7.1% |
| 2017 | 1.6 ratio | -3.0% |
| 2018 | 1.44 ratio | -10.0% |
| 2019 | 1.45 ratio | +0.7% |
| 2020 | 1.76 ratio | +21.4% |
| 2021 | 1.72 ratio | -2.3% |
| 2022 | 1.47 ratio | -14.5% |
| 2023 | 1.57 ratio | +6.8% |
| 2024 | 1.57 ratio | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.11 ratio | 0.83 ratio | 1.44 ratio | 10 |
| 2010s | 1.38 ratio | 1.17 ratio | 1.65 ratio | 10 |
| 2020s | 1.62 ratio | 1.47 ratio | 1.76 ratio | 5 |
Countries ranked near Canada
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 5,089 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 16.22 % change on previous year (2022)
- Industry (including construction), value added (current US$), per 0.2735 current US$ per US$ of GDP (2022)
- Industry (including construction), value added (current US$), per 15,452 current US$ per person (2022)
- Industry (including construction), value added (current LCU), annual 20.64 % change on previous year (2022)
- Industry (including construction), value added (current LCU), per 0.356 current LCU per US$ of GDP (2022)
- Industry (including construction), value added (current LCU), per 20,112 current LCU per person (2022)
- Industry (including construction), value added (constant 2015 US$) 1.31 % change on previous year (2025)
Frequently asked questions
- What is total reserves in months of imports in Canada?
- Total reserves in months of imports in Canada was 1.57 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 Canada?
- The highest recorded value was 1.76 ratio in 2020.
- What is the lowest total reserves in months of imports recorded in Canada?
- The lowest recorded value was 0.83 ratio in 2006.
- How does Canada rank for total reserves in months of imports?
- Canada ranks 144th out of 172 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Canada?
- Over the last ten years it is up 20.8%. The long-run trend across the full record is rising.
- Where does this Canada 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).