Total reserves in months of imports in Jamaica
Jamaica: Total reserves in months of imports was 5.45 ratio in 2023. ▲ Rising
Latest (2023)
5.45 ratio
Change on year
up 5.8%
World rank
58th
of 172 countries
All-time high
7.08 ratio
in 2021
All-time low
1.94 ratio
in 2008
Years of data
24
2000–2023
Total reserves in months of imports in Jamaica, 2000–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
Jamaica recorded 5.45 ratio for total reserves in months of imports in 2023.
That represents a change of up 5.8% on the previous year and up 102.6% over ten years.
Over the whole period, total reserves in months of imports in Jamaica peaked at 7.08 ratio in 2021 and was at its lowest, 1.94 ratio, in 2008.
That places Jamaica 58th out of 172 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total reserves in months of imports in Jamaica, year by year
| Year | ratio | Change |
|---|---|---|
| 2000 | 2.54 ratio | — |
| 2001 | 4.35 ratio | +71.3% |
| 2002 | 3.52 ratio | -19.1% |
| 2003 | 2.51 ratio | -28.7% |
| 2004 | 3.62 ratio | +44.2% |
| 2005 | 3.73 ratio | +3.0% |
| 2006 | 3.44 ratio | -7.8% |
| 2007 | 2.33 ratio | -32.3% |
| 2008 | 1.94 ratio | -16.7% |
| 2009 | 3.43 ratio | +76.8% |
| 2010 | 4.17 ratio | +21.6% |
| 2011 | 3.2 ratio | -23.3% |
| 2012 | 2.87 ratio | -10.3% |
| 2013 | 2.69 ratio | -6.3% |
| 2014 | 3.69 ratio | +37.2% |
| 2015 | 4.75 ratio | +28.7% |
| 2016 | 5.53 ratio | +16.4% |
| 2017 | 5.7 ratio | +3.1% |
| 2018 | 4.8 ratio | -15.8% |
| 2019 | 4.77 ratio | -0.6% |
| 2020 | 7.04 ratio | +47.6% |
| 2021 | 7.08 ratio | +0.6% |
| 2022 | 5.15 ratio | -27.3% |
| 2023 | 5.45 ratio | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.14 ratio | 1.94 ratio | 4.35 ratio | 10 |
| 2010s | 4.22 ratio | 2.69 ratio | 5.7 ratio | 10 |
| 2020s | 6.18 ratio | 5.15 ratio | 7.08 ratio | 4 |
Countries ranked near Jamaica
- 55 Angola 5.51 ratio compare
- 55 Brunei Darussalam 5.51 ratio compare
- 57 Timor-Leste 5.49 ratio compare
- 59 Mauritania 5.41 ratio compare
- 60 Tanzania, United Republic of 5.39 ratio compare
- 61 Poland 5.37 ratio compare
More economy & growth data for Jamaica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.6 Percent per annum (2029)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.08 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 13.91 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 111,319 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.93 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0497 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 397.73 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.93 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 5.81 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is total reserves in months of imports in Jamaica?
- Total reserves in months of imports in Jamaica was 5.45 ratio in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest total reserves in months of imports recorded in Jamaica?
- The highest recorded value was 7.08 ratio in 2021.
- What is the lowest total reserves in months of imports recorded in Jamaica?
- The lowest recorded value was 1.94 ratio in 2008.
- How does Jamaica rank for total reserves in months of imports?
- Jamaica ranks 58th out of 172 countries with data for 2023.
- Is total reserves in months of imports rising or falling in Jamaica?
- Over the last ten years it is up 102.6%. The long-run trend across the full record is rising.
- Where does this Jamaica 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 — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total reserves in months of imports (ratio).