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Eswatini Reserves in Months of Imports

Total reserves in months of imports  FI.RES.TOTL.MO

Eswatini's reserves in months of imports was 1.9 in 2025, ranked 117th globally. This represents a 9.0% decrease from 2024. Data from World Bank, covering 1974–2025.

1.9 −0.2 (-9.0%)
Year 2025 Rank #117 Global Peak 4.8 (1977) Source World Bank

Eswatini Reserves in Months of Imports (1974–2025)

Overview

Eswatini's reserves in months of imports stood at 1.9 in 2025, a decline of +0.2 from 2023. Based on recent trends, this figure is projected to reach 1.9 by 2025. Eswatini ranked 117th globally.

Eswatini’s reserves covering months of imports have risen from a trough of 0.90 in 1974 to an all‑time peak of 4.83 in 1977, before settling into a long‑term decline that left the country with 1.87 months of import cover in 2025, ranking 117th globally. The 2025 figure is virtually identical to that of the West Bank and Gaza (1.87) and only slightly below Pakistan’s 1.93 months, suggesting that Eswatini’s buffer is comparable to other low‑rank economies but far short of the 1.96 months recorded by Germany. Over the 51‑year coverage period, the downward trajectory after the 1970s high reflects persistent balance‑of‑payments pressures and limited external financing. Maintaining or expanding reserves will require either a sustained improvement in export earnings, tighter import controls, or increased external borrowing; without such measures, the downward trend is likely to continue, keeping import cover near its current low level.

Data & projection

Year Reserves in Months of Imports YoY change Rank
2026* trend 1.8 - -
2025* trend 1.9 - -
2025 1.9 −0.2 #117
2023 2.1 +0.1 #116
2022 1.9 −0.6 #126
2021 2.6 −0.4 #125
2020 3.0 +0.9 #126
2019 2.1 +0.0 #130
2018 2.1 −0.7 #128
2017 2.8 −0.6 #122
2016 3.4 +0.3 #102
2015 3.1 −0.4 #105
2014 3.5 −0.4 #95
2013 3.9 +0.3 #83
2012 3.7 +0.7 #94
2011 3.0 −0.0 #112
2010 3.0 −1.3 #119
Show all years (1974-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +23.4% GDP growth 4.1% C/A balance 5.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Eswatini matched the Export Boom Cycle pattern in 2012. 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

What is Eswatini's reserves in months of imports?▾

Eswatini's reserves in months of imports was 1.9 in 2025. Ranked 117th globally. This represents a 9.0% decrease from the previous year.

What was the highest reserves in months of imports in Eswatini?▾

Eswatini's reserves in months of imports peaked at 4.8 in 1977.

What was the lowest reserves in months of imports in Eswatini?▾

The lowest reserves in months of imports in Eswatini was 0.9 in 1974.

How does Eswatini rank in reserves in months of imports?▾

Eswatini ranks 117th globally in reserves in months of imports as of 2025.

What is the World Bank indicator code for reserves in months of imports?▾

The World Bank indicator code is FI.RES.TOTL.MO. Data sourced from World Bank.

What is the projected reserves in months of imports of Eswatini in 2025?▾

Eswatini's reserves in months of imports is projected to reach 1.9 by 2025 based on trend extrapolation.

What is the reserves in months of imports of Eswatini in 2025?▾

The reserves in months of imports of Eswatini in 2025 was 1.9. This ranks 117th in the world.

Cite this page

APA
Eswatini Reserves in Months of Imports. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/eswatini/reserves-months-imports/
BibTeX
@misc{historysaid_eswatini_reserves-months-imports, title = {Eswatini Reserves in Months of Imports}, url = {https://historysaid.com/eswatini/reserves-months-imports/}, publisher = {HistorySaid}, year = {2026} }
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