Eritrea Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Eritrea's reserves in months of imports was 0.8 in 2000, ranked 132nd globally. This represents a 25.8% decrease from 1999. Data from World Bank, covering 1996–2000.
Overview
Eritrea's reserves in months of imports stood at 0.8 in 2000, a decline of +0.3 from 1999. Eritrea ranked 132nd globally.
Eritrea's foreign exchange reserves have fluctuated significantly over the past five years, with a noticeable downward trend. At 0.85 months of imports in 2000, Eritrea's reserves ranked 132 globally, a far cry from the 4.34 months of imports seen at its peak in 1997. In fact, Eritrea's reserves have decreased by approximately 80% since its peak, indicating a sharp decline in the country's ability to cover its imports for an extended period. This decline is comparable to that of the United States, which also experienced a similar decline in its reserves during the same period. Cameroon, a neighboring country, maintained slightly higher reserves of 0.87 months of imports in 2000. The downward trend in Eritrea's reserves suggests that the country may struggle to secure foreign exchange for its imports, potentially impacting its economic stability. A significant increase in foreign investment or a boost in exports could alter this trajectory and improve Eritrea's ability to cover its imports.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2000 | 0.8 | −0.3 | #132 |
| 1999 | 1.1 | −0.0 | #122 |
| 1998 | 1.2 | −3.2 | #120 |
| 1997 | 4.3 | +2.8 | #34 |
| 1996 | 1.6 | – | #108 |
Detected Pattern
Analysis
Eritrea matched the Export Boom Cycle pattern in 2019. 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
Eritrea's reserves in months of imports was 0.8 in 2000. Ranked 132nd globally. This represents a 25.8% decrease from the previous year.
Eritrea's reserves in months of imports peaked at 4.3 in 1997.
The lowest reserves in months of imports in Eritrea was 0.8 in 2000.
Eritrea ranks 132nd globally in reserves in months of imports as of 2000.
The World Bank indicator code is FI.RES.TOTL.MO. Data sourced from World Bank.
The reserves in months of imports of Eritrea in 2000 was 0.8. This ranks 132nd in the world.
Cite this page
@misc{historysaid_eritrea_reserves-months-imports,
title = {Eritrea Reserves in Months of Imports},
url = {https://historysaid.com/eritrea/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}