Venezuela - Total reserves in months of imports

Total reserves in months of imports

The value for Total reserves in months of imports in Venezuela was 3.65 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 16.21 in 1974 and a minimum value of 2.78 in 2013.

Definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. This item shows reserves expressed in terms of the number of months of imports of goods and services they could pay for [Reserves/(Imports/12)].

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1970 4.41
1971 5.82
1972 7.12
1973 8.93
1974 16.21
1975 15.44
1976 11.68
1977 8.32
1978 6.38
1979 10.18
1980 9.39
1981 7.59
1982 5.97
1983 11.35
1984 10.63
1985 12.27
1986 9.79
1987 9.74
1988 5.09
1989 7.90
1990 11.86
1991 10.73
1992 7.83
1993 8.49
1994 8.96
1995 6.21
1996 10.63
1997 8.93
1998 6.84
1999 8.09
2000 7.41
2001 5.16
2002 6.75
2003 13.83
2004 10.31
2005 10.02
2006 9.03
2007 5.96
2008 7.03
2009 6.66
2010 5.56
2011 4.16
2012 3.60
2013 2.78
2014 3.50
2015 3.37
2016 3.65

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments