Portugal Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Portugal's reserves in months of imports was 2.7 in 2025, ranked 100th globally. This represents a 14.9% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Portugal's reserves in months of imports stood at 2.7 in 2025, a decline of +0.5 from 2024. Based on recent trends, this figure is projected to reach 2.7 by 2025. Portugal ranked 100th globally.
Portugal's foreign exchange reserves, measured as months of imports, have exhibited significant fluctuations over the past five decades. The country's all-time peak of 18.71 months of imports in 1979, during a period of high oil prices and subsequent economic restructuring, underscores the importance of maintaining robust foreign exchange reserves in the face of external shocks. Conversely, the record low of 1.05 months of imports in 2008, a year marked by the global financial crisis, highlights the risks associated with inadequate reserve buffers. As of 2025, Portugal's reserve position stands at 2.67 months of imports, ranking it #100 globally. This value is comparable to that of Honduras, another country with a similar reserve-to-imports ratio. Looking ahead, a significant depreciation of the euro or a decline in Portugal's export competitiveness could further erode its foreign exchange reserves, underscoring the need for continued fiscal discipline and prudent monetary policy to maintain a stable reserve position.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 2.5 | - | - |
| 2026* trend | 2.6 | - | - |
| 2025* trend | 2.7 | - | - |
| 2025 | 2.7 | −0.5 | #100 |
| 2024 | 3.1 | +0.5 | #85 |
| 2023 | 2.7 | +0.1 | #105 |
| 2022 | 2.6 | −0.5 | #114 |
| 2021 | 3.1 | −0.4 | #120 |
| 2020 | 3.5 | +0.9 | #118 |
| 2019 | 2.5 | +0.1 | #121 |
| 2018 | 2.5 | −0.4 | #124 |
| 2017 | 2.9 | −0.3 | #120 |
| 2016 | 3.2 | +0.7 | #112 |
| 2015 | 2.5 | +0.3 | #128 |
| 2014 | 2.2 | +0.1 | #134 |
| 2013 | 2.1 | −0.7 | #134 |
| 2012 | 2.7 | +0.6 | #121 |
| 2011 | 2.1 | −0.1 | #132 |
Detected Pattern
Analysis
Portugal 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
Portugal's reserves in months of imports was 2.7 in 2025. Ranked 100th globally. This represents a 14.9% decrease from the previous year.
Portugal's reserves in months of imports peaked at 18.7 in 1979.
The lowest reserves in months of imports in Portugal was 1.0 in 2008.
Portugal ranks 100th 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.
Portugal's reserves in months of imports is projected to reach 2.7 by 2025 based on trend extrapolation.
The reserves in months of imports of Portugal in 2025 was 2.7. This ranks 100th in the world.
Cite this page
@misc{historysaid_portugal_reserves-months-imports,
title = {Portugal Reserves in Months of Imports},
url = {https://historysaid.com/portugal/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}