Thailand Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Thailand's reserves in months of imports was 5.4 in 2025, ranked 43rd globally. This represents a 27.7% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Thailand's reserves in months of imports stood at 5.4 in 2025, a decline of +2.1 from 2024. Based on recent trends, this figure is projected to reach 5.4 by 2025. Thailand ranked 43rd globally.
Thailand’s reserves in months of imports have fallen sharply from the all‑time peak of 12.20 in 2020 to 5.39 in 2025, placing the country at rank 43 globally. The decline follows a long‑term downward trajectory that began after the early‑era trough of 2.48 in 1983, when reserves were at their lowest level. Over the 51‑year coverage period, the reserve ratio remains well above the 2025 trough but is now comparable to peers such as St. Vincent and the Grenadines (5.44) and Madagascar (5.46). The post‑2020 contraction reflects tighter fiscal buffers, higher import demand and the impact of global supply‑chain disruptions, while the earlier high in 2020 was supported by pandemic‑related capital inflows and policy‑driven accumulation. Continued current‑account deficits or external shocks could further erode the buffer, whereas sustained export growth and prudent fiscal management would be needed to reverse the downward trend and rebuild a more robust import‑cover position.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 3.2 | - | - |
| 2026* trend | 4.3 | - | - |
| 2025* trend | 5.4 | - | - |
| 2025 | 5.4 | −2.1 | #43 |
| 2024 | 7.5 | −0.1 | #20 |
| 2023 | 7.6 | +0.4 | #25 |
| 2022 | 7.1 | −1.9 | #23 |
| 2021 | 9.0 | −3.2 | #26 |
| 2020 | 12.2 | +3.3 | #23 |
| 2019 | 8.9 | +1.1 | #20 |
| 2018 | 7.8 | −1.0 | #23 |
| 2017 | 8.8 | +0.4 | #24 |
| 2016 | 8.3 | +1.0 | #30 |
| 2015 | 7.4 | +0.7 | #30 |
| 2014 | 6.7 | +0.2 | #28 |
| 2013 | 6.5 | −0.8 | #36 |
| 2012 | 7.3 | −0.5 | #26 |
| 2011 | 7.7 | −1.3 | #22 |
Detected Pattern
Analysis
Thailand matched the Export Boom Cycle pattern in 2017. 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
Thailand's reserves in months of imports was 5.4 in 2025. Ranked 43rd globally. This represents a 27.7% decrease from the previous year.
Thailand's reserves in months of imports peaked at 12.2 in 2020.
The lowest reserves in months of imports in Thailand was 2.5 in 1983.
Thailand ranks 43rd 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.
Thailand's reserves in months of imports is projected to reach 5.4 by 2025 based on trend extrapolation.
The reserves in months of imports of Thailand in 2025 was 5.4. This ranks 43rd in the world.
Cite this page
@misc{historysaid_thailand_reserves-months-imports,
title = {Thailand Reserves in Months of Imports},
url = {https://historysaid.com/thailand/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}