Hong Kong SAR, China Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Hong Kong SAR, China's reserves in months of imports was 5.1 in 2025, ranked 49th globally. This represents a 10.5% decrease from 2024. Data from World Bank, covering 1998–2025.
Overview
Hong Kong SAR, China's reserves in months of imports stood at 5.1 in 2025, a decline of +0.6 from 2023. Based on recent trends, this figure is projected to reach 5.1 by 2025. Hong Kong SAR, China ranked 49th globally.
Hong Kong SAR, China’s reserves in months of imports stood at 5.09 in 2025, ranking 49th globally, indicating a level of external liquidity slightly above that of peer economies such as Uruguay (5.08) and Czechia (5.05). Over a 26-year period since 1998, the indicator has fluctuated, reaching a historic peak of 7.56 in 2020 amid heightened global uncertainty and capital inflows into the territory’s tightly USD-pegged currency regime, while its lowest point of 3.81 was recorded in 2007 during a period of strong import growth and reserve optimization. The 1998 starting value of 4.70 reflects a post-Asian Financial Crisis environment in which reserve adequacy became a policy priority. Since the 2020 peak, the metric has trended downward, influenced by monetary tightening in the United States and capital outflows linked to regional financial market adjustments. The current level suggests a moderate import coverage buffer, though vulnerabilities could emerge if external demand weakens or capital flight accelerates. Future trajectories will depend on the persistence of carry-trade dynamics, Hong Kong’s exchange rate stability, and global trade conditions affecting import volumes.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 4.8 | - | - |
| 2025* trend | 5.1 | - | - |
| 2025 | 5.1 | −0.6 | #49 |
| 2023 | 5.7 | −0.0 | #47 |
| 2022 | 5.7 | −0.7 | #44 |
| 2021 | 6.5 | −1.1 | #55 |
| 2020 | 7.6 | +1.2 | #53 |
| 2019 | 6.3 | +0.5 | #43 |
| 2018 | 5.8 | −0.6 | #47 |
| 2017 | 6.4 | +0.2 | #49 |
| 2016 | 6.2 | +0.5 | #48 |
| 2015 | 5.7 | +0.6 | #47 |
| 2014 | 5.1 | +0.1 | #52 |
| 2013 | 4.9 | −0.5 | #56 |
| 2012 | 5.4 | +0.2 | #46 |
| 2011 | 5.3 | −1.4 | #45 |
| 2009 | 6.7 | +2.4 | #43 |
Detected Pattern
Analysis
Hong Kong SAR, China matched the Export Boom Cycle pattern in 2017. 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
Hong Kong SAR, China's reserves in months of imports was 5.1 in 2025. Ranked 49th globally. This represents a 10.5% decrease from the previous year.
Hong Kong SAR, China's reserves in months of imports peaked at 7.6 in 2020.
The lowest reserves in months of imports in Hong Kong SAR, China was 3.8 in 2007.
Hong Kong SAR, China ranks 49th 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.
Hong Kong SAR, China's reserves in months of imports is projected to reach 5.1 by 2025 based on trend extrapolation.
The reserves in months of imports of Hong Kong SAR, China in 2025 was 5.1. This ranks 49th in the world.
Cite this page
@misc{historysaid_hong-kong-sar-china_reserves-months-imports,
title = {Hong Kong SAR, China Reserves in Months of Imports},
url = {https://historysaid.com/hong-kong-sar-china/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}