Foreign Exchange Reserves, Including Gold (Months of Imports) fell 33.7% to 1.81 months in Guinea in 2016

Foreign Exchange Reserves, Including Gold (Months of Imports) (months)
Economy | Guinea | May 17, 2019
$2.99
Excel Sheet

Foreign exchange reserves, including gold in terms of months of imports reached 3.23 months in 2003 in Guinea, according to the National Statistical Office. This is 13.9 % less than in the previous year.

Historically, foreign exchange reserves, including gold in terms of months of imports in Guinea reached an all time high of 4.02 months in 2011 and an all time low of 0.343 months in 2007. When compared to Guinea's main peers, foreign exchange reserves, including gold in terms of months of imports in Mali amounted to 6.92 months, 4.59 months in Senegal and 1.90 months in Sierra Leone in 2003.

Guinea has been ranked 85th within the group of 145 countries we follow in terms of foreign exchange reserves, including gold in terms of months of imports, 9 places above the position seen 10 years ago.

Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities.

Foreign Exchange Reserves, Including Gold (Months of Imports) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria months 34.8 34.3 32.8 28.2 25.9
Burkina Faso months 3.17 3.03 1.49 0.736 ... ... ...
Gambia months 6.40 6.41 6.34 3.99 2.72
Ghana months 3.41 2.90 2.78 3.17 3.09
Guinea months 4.02 2.78 3.13 3.75 2.73
Ivory Coast months 4.86 3.59 3.86 ... ... ... ...
Liberia months 2.33 2.15 2.44 2.48 3.54
Mali months 3.78 3.58 2.70 1.74 ... ... ...
Mauritania months ... ... ... 2.61 2.75 1.99 3.47
Niger months 2.52 4.05 4.29 ... ... ... ...
Senegal months 3.35 3.33 3.42 3.10 ... ... ...
Sierra Leone months 1.94 2.13 2.36 2.21 2.96