Total reserves in months of imports in Philippines
Philippines: Total reserves in months of imports was 7.31 ratio in 2024. ▲ Rising
Latest (2024)
7.31 ratio
Change on year
down 4.1%
World rank
32nd
of 172 countries
All-time high
12.29 ratio
in 2020
All-time low
4.45 ratio
in 2004
Years of data
25
2000–2024
Total reserves in months of imports in Philippines, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
Philippines recorded 7.31 ratio for total reserves in months of imports in 2024.
The figure is down 4.1% on the previous year and down 26.5% over ten years.
Over the whole period, total reserves in months of imports in Philippines peaked at 12.29 ratio in 2020 and was at its lowest, 4.45 ratio, in 2004.
Philippines ranks 32nd of 172 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Total reserves in months of imports in Philippines, year by year
| Year | ratio | Change |
|---|---|---|
| 2000 | 4.68 ratio | — |
| 2001 | 5.14 ratio | +9.8% |
| 2002 | 5.11 ratio | -0.6% |
| 2003 | 5.04 ratio | -1.4% |
| 2004 | 4.45 ratio | -11.7% |
| 2005 | 4.6 ratio | +3.4% |
| 2006 | 5.09 ratio | +10.7% |
| 2007 | 6.74 ratio | +32.4% |
| 2008 | 6.4 ratio | -5.0% |
| 2009 | 9.19 ratio | +43.6% |
| 2010 | 10.44 ratio | +13.6% |
| 2011 | 11.6 ratio | +11.1% |
| 2012 | 11.47 ratio | -1.1% |
| 2013 | 11.62 ratio | +1.3% |
| 2014 | 9.94 ratio | -14.5% |
| 2015 | 9.9 ratio | -0.4% |
| 2016 | 8.85 ratio | -10.6% |
| 2017 | 7.78 ratio | -12.1% |
| 2018 | 6.88 ratio | -11.6% |
| 2019 | 7.72 ratio | +12.2% |
| 2020 | 12.29 ratio | +59.2% |
| 2021 | 9.66 ratio | -21.4% |
| 2022 | 7.17 ratio | -25.8% |
| 2023 | 7.62 ratio | +6.3% |
| 2024 | 7.31 ratio | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.64 ratio | 4.45 ratio | 9.19 ratio | 10 |
| 2010s | 9.62 ratio | 6.88 ratio | 11.62 ratio | 10 |
| 2020s | 8.81 ratio | 7.17 ratio | 12.29 ratio | 5 |
Countries ranked near Philippines
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 34,420 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 2.86 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2699 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,126 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 3.24 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 15.52 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 64,732 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.71 % change on previous year (2025)
Frequently asked questions
- What is total reserves in months of imports in Philippines?
- Total reserves in months of imports in Philippines was 7.31 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 Philippines?
- The highest recorded value was 12.29 ratio in 2020.
- What is the lowest total reserves in months of imports recorded in Philippines?
- The lowest recorded value was 4.45 ratio in 2004.
- How does Philippines rank for total reserves in months of imports?
- Philippines ranks 32nd out of 172 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Philippines?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is rising.
- Where does this Philippines 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).