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Libya—Total Reserves (months of imports)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #1 of 165Series years: 2000–2023
Latest Value
31.6
2023
YoY Change
-10.2%
2022 → 2023
Global Rank
#1
of 165 countries
Maximum
79.2
2011
Minimum
18.2
2002
CAGR
+0.7%
24 years
Last
31.6
Previous
35.1
Highest
79.2
Lowest
18.2
Unit
months of imports
Source
World Bank World Development Indicators

Libya's total reserves (months of imports) was 31.6 in 2023, ranking #1 out of 165 countries. This represents a -10.2% change from 2022. Over the past 24 years, the highest recorded value was 79.2 (2011) and the lowest was 18.2 (2002). Data sourced from the World Bank World Development Indicators.

Libya — Total Reserves (months of imports): 31.5696640862316 months of imports for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202331.6-10.2%
202235.1-4.5%
202136.8-43.5%
202065.2+71.2%
201938.1-24.8%
201850.6-13.6%
201758.6-16.3%
201670+61.8%
201543.2+50.7%
201428.7-9.5%
201331.7-21.8%
201240.5-48.9%
201179.2+105.5%
201038.6-10.4%
200943+11.2%
200838.7-11.6%
200743.8+8.8%
200640.2+25.2%
200532.1+16.7%
200427.5+6.1%
200326+42.4%
200218.2-29.7%
200125.9-2.8%
200026.7

Top Countries — Total Reserves (months of imports)

#CountryValueYear
1Libya31.62023
2Russia16.82024
3Afghanistan16.62020
4Algeria16.52024
5Saudi Arabia15.62025
6Israel14.52025
7Japan142025
8Lebanon13.62023
9Switzerland13.22025
10Nepal132024
View all 165 countries →

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).

Unit

months of imports

Source: World Bank (World Development Indicators)Available series: 2000–2023View original source →