Azerbaijan Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Azerbaijan's reserves in months of imports was 4.8 in 2025, ranked 57th globally. This represents a 3.7% increase from 2024. Data from World Bank, covering 1995–2025.
Overview
Azerbaijan's reserves in months of imports stood at 4.8 in 2025, a rise of +0.2 from 2024. Based on recent trends, this figure is projected to reach 4.8 by 2025. Azerbaijan ranked 57th globally.
Azerbaijan’s reserves in months of imports have risen markedly since the 1995 trough of 1.11, climbing to an all‑time peak of 7.81 in 2014 before easing to 4.84 in 2025, which places the country at rank 57 globally. The 31‑year series shows a sustained upward trajectory, reflecting the accumulation of foreign‑exchange buffers after the post‑Soviet shock and the expansion of hydrocarbon export earnings. Compared with peers of similar rank, Azerbaijan’s reserve coverage is close to Brunei Darussalam’s 4.88 months and Korea’s 4.82 months, suggesting a comparable level of import‑smoothing capacity among middle‑income economies. The modest decline from the 2014 high likely stems from higher import demand and fiscal pressures, yet the 2025 figure remains well above the early‑1990s baseline. Continued diversification of export markets and prudent fiscal management could reinforce the upward trend, while a sharp drop in commodity prices or external debt stress would risk reversing the gains.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 4.7 | - | - |
| 2026* trend | 4.8 | - | - |
| 2025* trend | 4.8 | - | - |
| 2025 | 4.8 | +0.2 | #57 |
| 2024 | 4.7 | −0.8 | #57 |
| 2023 | 5.5 | +0.7 | #52 |
| 2022 | 4.8 | −0.3 | #64 |
| 2021 | 5.1 | −0.1 | #85 |
| 2020 | 5.2 | +1.3 | #93 |
| 2019 | 3.9 | +0.3 | #90 |
| 2018 | 3.7 | −0.5 | #89 |
| 2017 | 4.2 | +0.1 | #84 |
| 2016 | 4.0 | +0.1 | #85 |
| 2015 | 3.9 | −3.9 | #88 |
| 2014 | 7.8 | +0.4 | #24 |
| 2013 | 7.4 | +1.5 | #27 |
| 2012 | 5.9 | +0.2 | #40 |
| 2011 | 5.7 | +0.4 | #40 |
Detected Pattern
Analysis
Azerbaijan matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw reserves in months of imports improve within 24 months. View full analysis →
Frequently Asked Questions
Azerbaijan's reserves in months of imports was 4.8 in 2025. Ranked 57th globally. This represents a 3.7% increase from the previous year.
Azerbaijan's reserves in months of imports peaked at 7.8 in 2014.
The lowest reserves in months of imports in Azerbaijan was 1.1 in 1995.
Azerbaijan ranks 57th 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.
Azerbaijan's reserves in months of imports is projected to reach 4.8 by 2025 based on trend extrapolation.
The reserves in months of imports of Azerbaijan in 2025 was 4.8. This ranks 57th in the world.
Cite this page
@misc{historysaid_azerbaijan_reserves-months-imports,
title = {Azerbaijan Reserves in Months of Imports},
url = {https://historysaid.com/azerbaijan/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}