Italy Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Italy's reserves in months of imports was 3.3 in 2025, ranked 87th globally. This represents a 18.3% decrease from 2024. Data from World Bank, covering 1970–2025.
Overview
Italy's reserves in months of imports stood at 3.3 in 2025, a decline of +0.7 from 2024. Based on recent trends, this figure is projected to reach 3.3 by 2025. Italy ranked 87th globally.
Italy’s reserves of foreign exchange equivalent to 3.27 months of imports in 2025 place the country at rank 87 globally, barely above Rwanda’s 3.21 and just below Tunisia’s 3.29, reflecting a modest buffer compared with many peers. The indicator has trended downward since the all‑time peak of 7.09 months recorded in 1979, a period of abundant capital inflows and strong export performance, before reaching a historic low of 1.46 months in 2006 amid widening current‑account deficits and volatile commodity prices. Over the 56‑year coverage, the average reserve level has hovered around the mid‑three‑month range, suggesting that Italy has maintained a relatively thin cushion for external shocks. The recent modest rise from the 2006 trough signals a gradual rebuilding of reserves, yet the current level remains vulnerable to sudden disruptions in trade or capital flows. Continued fiscal consolidation, export diversification and prudent monetary policy will be crucial to extend the reserve cover and alter the long‑term trajectory upward.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 2.9 | - | - |
| 2026* trend | 3.1 | - | - |
| 2025* trend | 3.3 | - | - |
| 2025 | 3.3 | −0.7 | #87 |
| 2024 | 4.0 | +0.6 | #71 |
| 2023 | 3.4 | +0.2 | #92 |
| 2022 | 3.1 | −0.7 | #105 |
| 2021 | 3.9 | −0.8 | #108 |
| 2020 | 4.6 | +1.4 | #100 |
| 2019 | 3.3 | +0.6 | #108 |
| 2018 | 2.7 | −0.3 | #119 |
| 2017 | 3.0 | +0.0 | #118 |
| 2016 | 3.0 | +0.1 | #116 |
| 2015 | 2.8 | +0.2 | #117 |
| 2014 | 2.7 | −0.1 | #117 |
| 2013 | 2.7 | −0.6 | #119 |
| 2012 | 3.4 | +0.6 | #101 |
| 2011 | 2.7 | −0.1 | #121 |
Detected Pattern
Analysis
Italy matched the Export Boom Cycle pattern in 1986. 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
Italy's reserves in months of imports was 3.3 in 2025. Ranked 87th globally. This represents a 18.3% decrease from the previous year.
Italy's reserves in months of imports peaked at 7.1 in 1979.
The lowest reserves in months of imports in Italy was 1.5 in 2006.
Italy ranks 87th 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.
Italy's reserves in months of imports is projected to reach 3.3 by 2025 based on trend extrapolation.
The reserves in months of imports of Italy in 2025 was 3.3. This ranks 87th in the world.
Cite this page
@misc{historysaid_italy_reserves-months-imports,
title = {Italy Reserves in Months of Imports},
url = {https://historysaid.com/italy/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}