West Bank and Gaza Reserves in Months of Imports

West Bank and Gaza’s foreign‑exchange reserves cover just 1.87 months of imports in 2025, placing the economy at rank 118 worldwide and matching Eswatini’s coverage while slightly exceeding Belarus’s 1.78 months. The indicator has risen sharply from a low of 0.47 months in 2016, the all‑time trough, to an all‑time peak of 1.91 months in 2024, before a modest retreat to the current level. Over the 20‑year span from 2006, when reserves equaled 1.02 months of imports, the upward trajectory reflects gradual improvements in external financing and aid flows, yet the modest buffer remains far below the three‑month benchmark commonly regarded as a minimum safety margin. Relative to peers such as Pakistan (1.93 months) and the United States (1.75 months), the territory’s reserve position is comparable but still vulnerable to external shocks. Continued diversification of export revenues and sustained donor support will be crucial to extend the reserve coverage and secure a more resilient import buffer.