Spain Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Spain's reserves in months of imports was 1.6 in 2025, ranked 125th globally. This represents a 11.3% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Spain's reserves in months of imports stood at 1.6 in 2025, a decline of +0.2 from 2024. Based on recent trends, this figure is projected to reach 1.6 by 2025. Spain ranked 125th globally.
Spain's foreign exchange reserves, measured in months of imports, have exhibited significant fluctuations over the past five decades. At its peak in 1979, the country held an all-time high of 8.11 months of imports, a level that would be difficult to match in the current era. Conversely, the 2007 financial crisis led to a drastic decline, with reserves dwindling to a mere 0.38 months of imports. As of 2025, Spain's reserves have recovered somewhat, standing at 1.62 months of imports, placing it 125th globally. This value is comparable to that of Argentina, which holds 1.63 months of imports. The current level of reserves suggests a moderate risk of foreign exchange constraints, particularly if economic growth slows or external shocks materialize. A sustained increase in tourism receipts or a reduction in import costs could help alleviate these concerns and improve Spain's foreign exchange position.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1.4 | - | - |
| 2026* trend | 1.5 | - | - |
| 2025* trend | 1.6 | - | - |
| 2025 | 1.6 | −0.2 | #125 |
| 2024 | 1.8 | −0.0 | #106 |
| 2023 | 1.8 | +0.1 | #123 |
| 2022 | 1.7 | −0.3 | #129 |
| 2021 | 2.0 | −0.2 | #133 |
| 2020 | 2.3 | +0.5 | #135 |
| 2019 | 1.7 | +0.1 | #135 |
| 2018 | 1.6 | −0.1 | #137 |
| 2017 | 1.7 | −0.0 | #137 |
| 2016 | 1.8 | +0.2 | #136 |
| 2015 | 1.5 | +0.3 | #144 |
| 2014 | 1.2 | +0.1 | #150 |
| 2013 | 1.2 | −0.1 | #152 |
| 2012 | 1.3 | +0.3 | #147 |
| 2011 | 1.1 | +0.2 | #150 |
Detected Pattern
Analysis
Spain matched the Export Boom Cycle pattern in 2023. 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
Spain's reserves in months of imports was 1.6 in 2025. Ranked 125th globally. This represents a 11.3% decrease from the previous year.
Spain's reserves in months of imports peaked at 8.1 in 1979.
The lowest reserves in months of imports in Spain was 0.4 in 2007.
Spain ranks 125th 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.
Spain's reserves in months of imports is projected to reach 1.6 by 2025 based on trend extrapolation.
The reserves in months of imports of Spain in 2025 was 1.6. This ranks 125th in the world.
Cite this page
@misc{historysaid_spain_reserves-months-imports,
title = {Spain Reserves in Months of Imports},
url = {https://historysaid.com/spain/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}