Foreign Exchange Reserves, Including Gold (Months of Imports) in Kuwait

Foreign exchange reserves, including gold in terms of months of imports reached 7.33 months in 2017 in Kuwait, according to the National Statistical Office. This is 2.85 % less than in the previous year.

Historically, foreign exchange reserves, including gold in terms of months of imports in Kuwait reached an all time high of 9.84 months in 2001 and an all time low of 3.29 months in 1988. When compared to Kuwait's main peers, foreign exchange reserves, including gold in terms of months of imports in Bahrain amounted to 1.21 months, 11.7 months in Iraq and 29.1 months in Saudi Arabia in 2017.

Kuwait has been ranked 29th within the group of 143 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.

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