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Peru Reserves in Months of Imports

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

Peru's reserves in months of imports was 7.2 in 2025, ranked 23rd globally. This represents a 31.7% decrease from 2024. Data from World Bank, covering 1977–2025.

7.2 −3.3 (-31.7%)
Year 2025 Rank #23 Global Peak 17.7 (2020) Source World Bank

Peru Reserves in Months of Imports (1977–2025)

Overview

Peru's reserves in months of imports stood at 7.2 in 2025, a decline of +3.3 from 2024. Based on recent trends, this figure is projected to reach 7.2 by 2025. Peru ranked 23rd globally.

Peru's foreign exchange reserves, measured as months of imports, have shown a significant improvement over the past four decades. At 7.20 months of imports in 2025, Peru ranks 23rd globally, compared to its peer countries such as Aruba, which holds 7.26 months of imports. The country's reserves have experienced fluctuations, with a notable peak of 17.73 months in 2020 and a trough of 2.01 months in 1977. The 2020 peak was largely driven by a surge in foreign direct investments and strong commodity prices. In contrast, the 1977 trough coincided with an economic crisis in the country. The trend suggests a steady increase in foreign exchange reserves, but a decline in commodity prices or a significant decrease in foreign investment could alter this trajectory, potentially leading to a decrease in Peru's reserves in months of imports.

Data & projection

Year Reserves in Months of Imports YoY change Rank
2027* trend 4.0 - -
2026* trend 5.6 - -
2025* trend 7.2 - -
2025 7.2 −3.3 #23
2024 10.5 +0.3 #9
2023 10.2 +0.6 #13
2022 9.7 −2.4 #16
2021 12.1 −5.7 #14
2020 17.7 +4.9 #8
2019 12.8 +1.7 #10
2018 11.1 −1.5 #14
2017 12.6 −1.2 #10
2016 13.8 +0.3 #10
2015 13.5 +1.1 #10
2014 12.4 +0.0 #8
2013 12.4 +0.2 #10
2012 12.2 +2.0 #10
2011 10.2 −1.1 #15
Show all years (1977-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.0% GDP growth 3.3% C/A balance 2.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Peru 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

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

Peru's reserves in months of imports was 7.2 in 2025. Ranked 23rd globally. This represents a 31.7% decrease from the previous year.

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

Peru's reserves in months of imports peaked at 17.7 in 2020.

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

The lowest reserves in months of imports in Peru was 2.0 in 1977.

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

Peru ranks 23rd 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 Peru in 2025?▾

Peru's reserves in months of imports is projected to reach 7.2 by 2025 based on trend extrapolation.

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

The reserves in months of imports of Peru in 2025 was 7.2. This ranks 23rd in the world.

Cite this page

APA
Peru Reserves in Months of Imports. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/peru/reserves-months-imports/
BibTeX
@misc{historysaid_peru_reserves-months-imports, title = {Peru Reserves in Months of Imports}, url = {https://historysaid.com/peru/reserves-months-imports/}, publisher = {HistorySaid}, year = {2026} }
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