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Jamaica Reserves in Months of Imports

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

Jamaica's reserves in months of imports was 5.7 in 2025, ranked 37th globally. This represents a 4.3% increase from 2024. Data from World Bank, covering 1976–2025.

5.7 +0.2 (+4.3%)
Year 2025 Rank #37 Global Peak 7.1 (2021) Source World Bank

Jamaica Reserves in Months of Imports (1976–2025)

Overview

Jamaica's reserves in months of imports stood at 5.7 in 2025, a rise of +0.2 from 2023. Based on recent trends, this figure is projected to reach 5.7 by 2025. Jamaica ranked 37th globally.

Jamaica’s international reserves covering imports rose from a trough of 0.31 months in 1976 to a peak of 7.08 months in 2021, reflecting a gradual accumulation of foreign‑exchange buffers over 49 years. By 2025 the country held reserves equivalent to 5.69 months of imports, ranking 37th worldwide and placing it alongside peers such as Cameroon (5.70 months) and Brazil (5.66 months). The upward trajectory accelerated after the early 2000s, when policy reforms and export diversification helped expand the reserve base, but the modest decline from the 2021 high suggests vulnerability to external shocks, including commodity price volatility and debt servicing pressures. Maintaining or improving this buffer will likely depend on sustained fiscal discipline, continued growth in tourism and remittances, and the ability to attract stable capital flows, which could either reinforce the recent upward trend or reverse it if adverse external conditions intensify.

Data & projection

Year Reserves in Months of Imports YoY change Rank
2026* trend 5.6 - -
2025* trend 5.7 - -
2025 5.7 +0.2 #37
2023 5.5 +0.3 #53
2022 5.1 −1.9 #53
2021 7.1 +0.0 #44
2020 7.0 +2.3 #61
2019 4.8 −0.0 #67
2018 4.8 −0.9 #64
2017 5.7 +0.2 #58
2016 5.5 +0.8 #58
2015 4.7 +1.1 #62
2014 3.7 +1.0 #86
2013 2.7 −0.2 #122
2012 2.9 −0.3 #117
2011 3.2 −1.0 #106
2010 4.2 +0.7 #90
Show all years (1976-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 10.3% Real rate -1.1%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Jamaica 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

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

Jamaica's reserves in months of imports was 5.7 in 2025. Ranked 37th globally. This represents a 4.3% increase from the previous year.

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

Jamaica's reserves in months of imports peaked at 7.1 in 2021.

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

The lowest reserves in months of imports in Jamaica was 0.3 in 1976.

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

Jamaica ranks 37th 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 Jamaica in 2025?▾

Jamaica's reserves in months of imports is projected to reach 5.7 by 2025 based on trend extrapolation.

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

The reserves in months of imports of Jamaica in 2025 was 5.7. This ranks 37th in the world.

Cite this page

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