Argentina Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Argentina's reserves in months of imports was 1.6 in 2025, ranked 124th globally. This represents a 54.3% decrease from 2024. Data from World Bank, covering 1976–2025.
Overview
Argentina's reserves in months of imports stood at 1.6 in 2025, a decline of +1.9 from 2024. Based on recent trends, this figure is projected to reach 1.6 by 2025. Argentina ranked 124th globally.
Argentina’s reserves in months of imports have fallen dramatically from a post‑oil‑crisis high of 13.31 in 1979 to a historic low of 1.63 in 2025, placing the country at rank 124 globally. The 50‑year series shows a steady decline after the 1990s, with the most pronounced contraction occurring during the 2010s and accelerating after 2019 as fiscal deficits widened and external financing dried up. By contrast, peers such as Montenegro (1.64) and Spain (1.62) hover around the same level, but Argentina’s trajectory is steeper, reflecting repeated sovereign debt restructurings and persistent balance‑of‑payments pressures. The early‑1970s reserve cushion of 5.86 months could no longer absorb the currency devaluations and inflation spikes that followed, eroding confidence among creditors and investors. Unless fiscal consolidation, export diversification, or new foreign‑direct investment inflows materialise, the downward trend is likely to persist, keeping reserves near the current trough and constraining import financing.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -0.4 | - | - |
| 2026* trend | 0.6 | - | - |
| 2025* trend | 1.6 | - | - |
| 2025 | 1.6 | −1.9 | #124 |
| 2024 | 3.6 | +1.1 | #76 |
| 2023 | 2.5 | −2.3 | #110 |
| 2022 | 4.8 | −0.8 | #66 |
| 2021 | 5.6 | −1.5 | #66 |
| 2020 | 7.1 | +1.2 | #60 |
| 2019 | 5.9 | −1.2 | #50 |
| 2018 | 7.1 | +1.1 | #31 |
| 2017 | 6.1 | +1.0 | #50 |
| 2016 | 5.1 | +1.7 | #71 |
| 2015 | 3.4 | −0.6 | #103 |
| 2014 | 4.0 | +0.5 | #79 |
| 2013 | 3.5 | −1.8 | #91 |
| 2012 | 5.2 | +0.0 | #51 |
| 2011 | 5.2 | −2.1 | #46 |
Detected Pattern
Analysis
Argentina matched the Orthodox Tightening Cycle pattern in 2024. Historically, 57% of countries showing this pattern (177 out of 311) saw reserves in months of imports improve within 24 months. View full analysis →
Frequently Asked Questions
Argentina's reserves in months of imports was 1.6 in 2025. Ranked 124th globally. This represents a 54.3% decrease from the previous year.
Argentina's reserves in months of imports peaked at 13.3 in 1979.
The lowest reserves in months of imports in Argentina was 1.6 in 2025.
Argentina ranks 124th globally in reserves in months of imports as of 2025.
The World Bank indicator code is FI.RES.TOTL.MO. Data sourced from World Bank.
Argentina's reserves in months of imports is projected to reach 1.6 by 2025 based on trend extrapolation.
The reserves in months of imports of Argentina in 2025 was 1.6. This ranks 124th in the world.
Cite this page
@misc{historysaid_argentina_reserves-months-imports,
title = {Argentina Reserves in Months of Imports},
url = {https://historysaid.com/argentina/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}