Armenia Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Armenia's reserves in months of imports was 1.0 in 2025, ranked 138th globally. This represents a 50.2% decrease from 2024. Data from World Bank, covering 1993–2025.
Overview
Armenia's reserves in months of imports stood at 1.0 in 2025, a decline of +1.0 from 2024. Based on recent trends, this figure is projected to reach 1.0 by 2025. Armenia ranked 138th globally.
Armenia’s reserves in months of imports have risen sharply from an all‑time trough of 0.54 in 1993 to a peak of 5.57 in 2021, before settling at 1.03 in 2025, which places the country at 138th in the world ranking. The steep increase during the 2010s reflected a combination of export growth, fiscal consolidation and a series of bilateral aid packages that bolstered foreign‑exchange buffers, while the post‑2021 decline coincided with a slowdown in export earnings and higher import demand amid regional price pressures. Compared with peers of similar rank, Armenia’s 2025 level is closely aligned with Ghana’s 1.02 and Austria’s 1.04, but remains below Burundi’s 1.08 and just above Greece’s 0.97, suggesting that its cushion is modest relative to both developing and advanced economies. The 33‑year coverage series shows that the country’s ability to finance imports remains vulnerable to external shocks; sustaining or expanding the reserve ratio will likely require continued export diversification, prudent fiscal policy and the maintenance of external financing channels.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -0.9 | - | - |
| 2026* trend | 0.0 | - | - |
| 2025* trend | 1.0 | - | - |
| 2025 | 1.0 | −1.0 | #138 |
| 2024 | 2.1 | −0.6 | #98 |
| 2023 | 2.6 | −1.5 | #106 |
| 2022 | 4.1 | −1.4 | #81 |
| 2021 | 5.6 | +0.1 | #68 |
| 2020 | 5.5 | +1.4 | #84 |
| 2019 | 4.1 | +0.4 | #86 |
| 2018 | 3.7 | −0.8 | #90 |
| 2017 | 4.4 | −0.8 | #80 |
| 2016 | 5.2 | +0.8 | #68 |
| 2015 | 4.4 | +1.5 | #75 |
| 2014 | 2.9 | −1.6 | #112 |
| 2013 | 4.5 | +0.8 | #68 |
| 2012 | 3.7 | −0.4 | #89 |
| 2011 | 4.1 | −0.2 | #72 |
Detected Pattern
Analysis
Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw reserves in months of imports improve within 24 months. View full analysis →
Frequently Asked Questions
Armenia's reserves in months of imports was 1.0 in 2025. Ranked 138th globally. This represents a 50.2% decrease from the previous year.
Armenia's reserves in months of imports peaked at 5.6 in 2021.
The lowest reserves in months of imports in Armenia was 0.5 in 1993.
Armenia ranks 138th 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.
Armenia's reserves in months of imports is projected to reach 1.0 by 2025 based on trend extrapolation.
The reserves in months of imports of Armenia in 2025 was 1.0. This ranks 138th in the world.
Cite this page
@misc{historysaid_armenia_reserves-months-imports,
title = {Armenia Reserves in Months of Imports},
url = {https://historysaid.com/armenia/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}