Total reserves in months of imports in India

India: Total reserves in months of imports was 7.52 ratio in 2024. ▼ Falling

Latest (2024)
7.52 ratio
Change on year
down 5.6%
World rank
27th
of 172 countries
All-time high
12.93 ratio
in 2020
All-time low
5.9 ratio
in 2012
Years of data
25
2000–2024

Total reserves in months of imports in India, 2000–2024

0510152000201220242000: 6.1 ratio2001: 7.5 ratio2002: 10.4 ratio2003: 12.3 ratio2004: 11.3 ratio2005: 8.5 ratio2006: 8.9 ratio2007: 11.1 ratio2008: 7.7 ratio2009: 9.8 ratio2010: 7.8 ratio2011: 6.2 ratio2012: 5.9 ratio2013: 6 ratio2014: 6.6 ratio2015: 8 ratio2016: 8.4 ratio2017: 8.2 ratio2018: 6.9 ratio2019: 8.3 ratio2020: 12.9 ratio2021: 9.8 ratio2022: 7 ratio2023: 8 ratio2024: 7.5 ratio

Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.

Analysis

India recorded 7.52 ratio for total reserves in months of imports in 2024.

The figure is down 5.6% on the previous year and up 13.9% over ten years.

Over the whole period, total reserves in months of imports in India peaked at 12.93 ratio in 2020 and was at its lowest, 5.9 ratio, in 2012.

That places India 27th out of 172 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 25 years of available data.

Total reserves in months of imports in India, year by year

Annual values for Total reserves in months of imports in India, 2000 to 2024.
Year ratio Change
2000 6.12 ratio
2001 7.45 ratio +21.7%
2002 10.37 ratio +39.2%
2003 12.28 ratio +18.4%
2004 11.31 ratio -7.9%
2005 8.52 ratio -24.7%
2006 8.92 ratio +4.7%
2007 11.14 ratio +24.9%
2008 7.71 ratio -30.8%
2009 9.77 ratio +26.7%
2010 7.76 ratio -20.6%
2011 6.19 ratio -20.2%
2012 5.9 ratio -4.7%
2013 6.03 ratio +2.2%
2014 6.6 ratio +9.5%
2015 8 ratio +21.2%
2016 8.43 ratio +5.4%
2017 8.16 ratio -3.2%
2018 6.9 ratio -15.4%
2019 8.27 ratio +19.9%
2020 12.93 ratio +56.3%
2021 9.84 ratio -23.9%
2022 7.01 ratio -28.8%
2023 7.97 ratio +13.7%
2024 7.52 ratio -5.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.36 ratio 6.12 ratio 12.28 ratio 10
2010s 7.22 ratio 5.9 ratio 8.43 ratio 10
2020s 9.05 ratio 7.01 ratio 12.93 ratio 5

Countries ranked near India

  1. 24 Uruguay 7.73 ratio compare
  2. 25 Cambodia 7.65 ratio compare
  3. 26 Comoros 7.61 ratio compare
  4. 28 Bulgaria 7.48 ratio compare
  5. 29 Thailand 7.46 ratio compare
  6. 30 Guatemala 7.39 ratio compare

See the full ranking of 172 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is total reserves in months of imports in India?
Total reserves in months of imports in India was 7.52 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 India?
The highest recorded value was 12.93 ratio in 2020.
What is the lowest total reserves in months of imports recorded in India?
The lowest recorded value was 5.9 ratio in 2012.
How does India rank for total reserves in months of imports?
India ranks 27th out of 172 countries with data for 2024.
Is total reserves in months of imports rising or falling in India?
Over the last ten years it is up 13.9%. The long-run trend across the full record is falling.
Where does this India 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.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Total reserves in months of imports in India. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/total-reserves-in-months-of-imports-2/india/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://economy.statizoid.com/stat/total-reserves-in-months-of-imports-2/india/">Total reserves in months of imports in India</a> — Statizoid

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).