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San Marino Reserves in Months of Imports

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

San Marino's reserves in months of imports was 3.0 in 2025, ranked 90th globally. This represents a 5.2% increase from 2024. Data from World Bank, covering 2017–2025.

3.0 +0.1 (+5.2%)
Year 2025 Rank #90 Global Peak 3.8 (2020) Source World Bank

San Marino Reserves in Months of Imports (2017–2025)

Overview

San Marino's reserves in months of imports stood at 3.0 in 2025, a rise of +0.1 from 2023. Based on recent trends, this figure is projected to reach 3.0 by 2025. San Marino ranked 90th globally.

San Marino's foreign exchange reserves, measured as months of imports, have experienced fluctuations over the 2017-2025 period. The country's all-time peak of 3.80 months of imports was recorded in 2020, while the lowest point of 1.45 months was reached in 2018. The latest available data for 2025 indicates a value of 3.04 months, ranking San Marino 90th globally. This is comparable to Singapore's 3.12 months, a peer country with a similar ranking. The trend has generally been upward, with some volatility, over the coverage period. San Marino's ability to maintain a moderate level of reserves, such as those seen in 2025, suggests a degree of economic stability. However, a significant decline in reserves would likely be triggered by a sharp decrease in exports, a rise in import costs, or a decline in foreign investment.

Data & projection

Year Reserves in Months of Imports YoY change Rank
2026* trend 3.1 - -
2025* trend 3.0 - -
2025 3.0 +0.1 #90
2023 2.9 +0.4 #102
2022 2.5 −1.0 #116
2021 3.5 −0.3 #115
2020 3.8 +1.6 #114
2019 2.2 +0.7 #128
2018 1.5 −0.2 #140
2017 1.7 – #138
* 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 +22.1% GDP growth 13.9% C/A balance 5.4%
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

San Marino matched the Export Boom Cycle pattern in 2021. 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 San Marino's reserves in months of imports?▾

San Marino's reserves in months of imports was 3.0 in 2025. Ranked 90th globally. This represents a 5.2% increase from the previous year.

What was the highest reserves in months of imports in San Marino?▾

San Marino's reserves in months of imports peaked at 3.8 in 2020.

What was the lowest reserves in months of imports in San Marino?▾

The lowest reserves in months of imports in San Marino was 1.5 in 2018.

How does San Marino rank in reserves in months of imports?▾

San Marino ranks 90th 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 San Marino in 2025?▾

San Marino's reserves in months of imports is projected to reach 3.0 by 2025 based on trend extrapolation.

What is the reserves in months of imports of San Marino in 2025?▾

The reserves in months of imports of San Marino in 2025 was 3.0. This ranks 90th in the world.

Cite this page

APA
San Marino Reserves in Months of Imports. HistorySaid. Retrieved November 9, 2026, from https://historysaid.com/san-marino/reserves-months-imports/
BibTeX
@misc{historysaid_san-marino_reserves-months-imports, title = {San Marino Reserves in Months of Imports}, url = {https://historysaid.com/san-marino/reserves-months-imports/}, publisher = {HistorySaid}, year = {2026} }
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