Latvia Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Latvia's reserves in months of imports was 1.3 in 2025, ranked 130th globally. This represents a 30.1% decrease from 2024. Data from World Bank, covering 1993–2025.
Overview
Latvia's reserves in months of imports stood at 1.3 in 2025, a decline of +0.6 from 2024. Based on recent trends, this figure is projected to reach 1.3 by 2025. Latvia ranked 130th globally.
Latvia’s reserves in months of imports have fallen sharply from a 33‑year high of 7.17 in 2009 to a trough of 1.29 in 2025, placing the country at rank 130 globally. The decline from the early‑2000s peak reflects a combination of reduced import volumes and modest growth in foreign‑exchange holdings, leaving Latvia with the lowest coverage among the listed peers. By contrast, Finland records 1.28 months and Australia 1.25 months, while Canada and Kosovo hold 1.46 months each, indicating that Latvia’s buffer is marginally tighter than its Nordic neighbor but comparable to the broader group. The 2025 figure underscores vulnerability to external shocks, as a drop below one month would signal a critical shortage. Sustaining or expanding reserves will require either a rise in export earnings, tighter import controls, or increased external financing, which could reverse the downward trajectory in the coming years.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.8 | - | - |
| 2026* trend | 1.0 | - | - |
| 2025* trend | 1.3 | - | - |
| 2025 | 1.3 | −0.6 | #130 |
| 2024 | 1.8 | +0.1 | #105 |
| 2023 | 1.8 | +0.2 | #125 |
| 2022 | 1.6 | −0.7 | #132 |
| 2021 | 2.3 | −0.6 | #131 |
| 2020 | 2.9 | +0.5 | #128 |
| 2019 | 2.4 | +0.1 | #127 |
| 2018 | 2.2 | −0.4 | #127 |
| 2017 | 2.7 | +0.3 | #125 |
| 2016 | 2.3 | +0.1 | #129 |
| 2015 | 2.2 | +0.5 | #131 |
| 2014 | 1.8 | −2.7 | #138 |
| 2013 | 4.4 | +0.1 | #69 |
| 2012 | 4.4 | +0.5 | #69 |
| 2011 | 3.9 | −2.5 | #82 |
Detected Pattern
Analysis
Latvia 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
Latvia's reserves in months of imports was 1.3 in 2025. Ranked 130th globally. This represents a 30.1% decrease from the previous year.
Latvia's reserves in months of imports peaked at 7.2 in 2009.
The lowest reserves in months of imports in Latvia was 1.3 in 2025.
Latvia ranks 130th 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.
Latvia's reserves in months of imports is projected to reach 1.3 by 2025 based on trend extrapolation.
The reserves in months of imports of Latvia in 2025 was 1.3. This ranks 130th in the world.
Cite this page
@misc{historysaid_latvia_reserves-months-imports,
title = {Latvia Reserves in Months of Imports},
url = {https://historysaid.com/latvia/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}