Lebanon—Total Reserves (months of imports)
Lebanon's total reserves (months of imports) was 13.6 in 2023, ranking #7 out of 164 countries. This represents a -8.7% change from 2022. Over the past 22 years, the highest recorded value was 28.6 (2020) and the lowest was 10 (2004). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 13.6 | -8.7% |
| 2022 | 14.9 | -30.9% |
| 2021 | 21.6 | -24.5% |
| 2020 | 28.6 | +61.8% |
| 2019 | 17.7 | +3.1% |
| 2018 | 17.1 | -8.8% |
| 2017 | 18.8 | -0.5% |
| 2016 | 18.9 | +9.4% |
| 2015 | 17.2 | +2.9% |
| 2014 | 16.8 | +3.7% |
| 2013 | 16.2 | -13.0% |
| 2012 | 18.6 | +6.4% |
| 2011 | 17.5 | +5.3% |
| 2010 | 16.6 | +12.0% |
| 2009 | 14.8 | +36.6% |
| 2008 | 10.8 | +4.5% |
| 2007 | 10.4 | -10.0% |
| 2006 | 11.5 | +8.6% |
| 2005 | 10.6 | +6.7% |
| 2004 | 10 | -8.1% |
| 2003 | 10.8 | -6.8% |
| 2002 | 11.6 |
Top Countries — Total Reserves (months of imports)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Libya | 31.6 | 2023 |
| 2 | Afghanistan | 16.6 | 2020 |
| 3 | Algeria | 16.5 | 2024 |
| 4 | Russian Federation | 16.3 | 2023 |
| 5 | Israel | 15.8 | 2024 |
| 6 | Saudi Arabia | 15.1 | 2024 |
| 7 | Lebanon | 13.6 | 2023 |
| 8 | Switzerland | 13.2 | 2024 |
| 9 | Japan | 13 | 2024 |
| 10 | Vanuatu | 12.6 | 2022 |
About This Indicator
Definition
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].
Methodology
Data compiled by International Financial Statistics database, International Monetary Fund (IMF).