Foreign Exchange Reserves, Including Gold (Months of Imports) rose 24.9% to 3.15 months in Bahamas in 2017

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

Foreign exchange reserves, including gold in terms of months of imports reached 3.15 months in 2017 in Bahamas, according to the National Statistical Office. This is 24.9 % more than in the previous year.

Historically, foreign exchange reserves, including gold in terms of months of imports in Bahamas reached an all time high of 3.15 months in 2017 and an all time low of 0.872 months in 1989. When compared to Bahamas's main peers, foreign exchange reserves, including gold in terms of months of imports in Dominican Republic amounted to 3.27 months, 6.16 months in Haiti and 1.50 months in USA in 2017.

Bahamas has been ranked 98th within the group of 143 countries we follow in terms of foreign exchange reserves, including gold in terms of months of imports, 42 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
Bahamas months 2.82 1.94 1.87 1.89 2.30
Canada months 1.19 1.20 1.26 1.31 1.55
China months 19.1 19.1 19.5 19.0 18.0
Cuba months ... ... ... ... ... ... ... ... ...
Dominican Republic months 2.14 1.81 2.44 2.43 2.68
Haiti months 5.09 6.19 6.78 5.12 5.25
Jamaica months 3.20 2.87 2.69 3.69 4.75
Japan months 15.2 14.2 15.0 14.2 16.8
Mexico months 4.35 4.57 4.67 4.92 4.57
Puerto Rico months ... ... ... ... ... ... ... ... ...
USA months 2.00 2.08 1.61 1.50 1.37