Nepal Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Nepal's reserves in months of imports was 9.1 in 2025, ranked 15th globally. This represents a 13.0% decrease from 2024. Data from World Bank, covering 1976–2025.
Overview
Nepal's reserves in months of imports stood at 9.1 in 2025, a decline of +1.4 from 2023. Based on recent trends, this figure is projected to reach 9.1 by 2025. Nepal ranked 15th globally.
Nepal’s reserves in months of imports stood at 9.06 in 2025, ranking it 15th globally and placing it just above Fiji’s 8.30 and just below Switzerland’s 9.59. The indicator has risen modestly from its earliest recorded level of 8.77 in 1976, yet it remains far below the all‑time peak of 12.53 reached in 2015, a year when strong export growth and remittance inflows bolstered foreign‑exchange buffers. The deep trough of 2.25 in 1985 reflects a period of balance‑of‑payments stress, after which gradual policy reforms and diversification of external financing helped expand the reserve cover. Over the 49‑year span, Nepal’s reserve position has shown a slow but steady upward trajectory, suggesting improved resilience to external shocks. Continued fiscal prudence, higher export earnings and sustained remittance flows will be crucial to push the reserve cover beyond the current level and approach the 2015 peak in the coming years.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 9.1 | - | - |
| 2025* trend | 9.1 | - | - |
| 2025 | 9.1 | −1.4 | #15 |
| 2023 | 10.4 | +3.3 | #12 |
| 2022 | 7.1 | +0.4 | #22 |
| 2021 | 6.7 | −5.8 | #53 |
| 2020 | 12.5 | +5.0 | #21 |
| 2019 | 7.5 | +0.8 | #33 |
| 2018 | 6.6 | −2.7 | #39 |
| 2017 | 9.4 | −0.9 | #21 |
| 2016 | 10.3 | −2.2 | #17 |
| 2015 | 12.5 | +4.1 | #11 |
| 2014 | 8.4 | −0.1 | #21 |
| 2013 | 8.6 | +1.0 | #21 |
| 2012 | 7.6 | +0.9 | #24 |
| 2011 | 6.7 | +0.7 | #29 |
| 2010 | 6.0 | −0.6 | #46 |
Detected Pattern
Analysis
Nepal matched the Stagflation Risk pattern in 2016. Historically, 38% of countries showing this pattern (117 out of 307) saw reserves in months of imports improve within 24 months. View full analysis →
Frequently Asked Questions
Nepal's reserves in months of imports was 9.1 in 2025. Ranked 15th globally. This represents a 13.0% decrease from the previous year.
Nepal's reserves in months of imports peaked at 12.5 in 2015.
The lowest reserves in months of imports in Nepal was 2.2 in 1985.
Nepal ranks 15th 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.
Nepal's reserves in months of imports is projected to reach 9.1 by 2025 based on trend extrapolation.
The reserves in months of imports of Nepal in 2025 was 9.1. This ranks 15th in the world.
Cite this page
@misc{historysaid_nepal_reserves-months-imports,
title = {Nepal Reserves in Months of Imports},
url = {https://historysaid.com/nepal/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}