Nicaragua Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Nicaragua's reserves in months of imports was 5.5 in 2025, ranked 39th globally. This represents a 3.9% decrease from 2024. Data from World Bank, covering 1977–2025.
Overview
Nicaragua's reserves in months of imports stood at 5.5 in 2025, a decline of +0.2 from 2024. Based on recent trends, this figure is projected to reach 5.5 by 2025. Nicaragua ranked 39th globally.
Nicaragua’s foreign‑exchange reserves cover 5.50 months of imports in 2025, placing the country at 39th in the world and slightly above the regional average. The reserve ratio has risen steadily since the early 1990s, when it fell to a trough of 0.57 months in 1993 amid post‑revolutionary fiscal strain and limited export earnings. A gradual accumulation of external assets over the subsequent three decades lifted the metric to an all‑time peak of 5.72 months in 2024, reflecting improved trade balances, remittance inflows and modest diversification of export markets. This upward trajectory mirrors the experience of peers such as Brazil, whose reserves stood at 5.66 months, and Jamaica at 5.69 months, underscoring a broader regional trend toward greater import‑cover buffers. Continued fiscal discipline, expansion of non‑oil export sectors and sustained remittance growth could further strengthen Nicaragua’s reserve position, while external shocks or sharp currency depreciation would pose risks to the positive trend.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 5.6 | - | - |
| 2026* trend | 5.5 | - | - |
| 2025* trend | 5.5 | - | - |
| 2025 | 5.5 | −0.2 | #39 |
| 2024 | 5.7 | +0.1 | #38 |
| 2023 | 5.6 | +1.0 | #50 |
| 2022 | 4.6 | −0.7 | #70 |
| 2021 | 5.3 | −0.3 | #76 |
| 2020 | 5.7 | +1.4 | #78 |
| 2019 | 4.2 | +0.6 | #84 |
| 2018 | 3.6 | −0.3 | #92 |
| 2017 | 4.0 | +0.3 | #90 |
| 2016 | 3.7 | −0.1 | #94 |
| 2015 | 3.8 | +0.3 | #95 |
| 2014 | 3.5 | +0.4 | #94 |
| 2013 | 3.1 | +0.1 | #106 |
| 2012 | 3.0 | −0.3 | #112 |
| 2011 | 3.3 | −0.6 | #99 |
Detected Pattern
Analysis
Nicaragua matched the Export Boom Cycle pattern in 2024. 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
Nicaragua's reserves in months of imports was 5.5 in 2025. Ranked 39th globally. This represents a 3.9% decrease from the previous year.
Nicaragua's reserves in months of imports peaked at 5.7 in 2024.
The lowest reserves in months of imports in Nicaragua was 0.6 in 1993.
Nicaragua ranks 39th 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.
Nicaragua's reserves in months of imports is projected to reach 5.5 by 2025 based on trend extrapolation.
The reserves in months of imports of Nicaragua in 2025 was 5.5. This ranks 39th in the world.
Cite this page
@misc{historysaid_nicaragua_reserves-months-imports,
title = {Nicaragua Reserves in Months of Imports},
url = {https://historysaid.com/nicaragua/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}