Net Reserves by Months of Imported Goods and Services for Benin
BENBRASSMIMH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.91
Year-over-Year Change
-66.80%
Date Range
1/1/2000 - 1/1/2026
Summary
This economic trend measures Benin's net international reserves in terms of months of imported goods and services. It is a key indicator of a country's external financial position and ability to withstand external shocks.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Net reserves by months of imported goods and services represent the number of months a country could finance its imports using its available foreign exchange reserves. This metric provides insight into a country's external vulnerability and its capacity to meet future payment obligations.
Methodology
The data is calculated by the Central Bank of Benin based on the country's international reserve holdings and import values.
Historical Context
This trend is closely monitored by policymakers, investors, and international institutions to assess Benin's economic resilience and creditworthiness.
Key Facts
- Benin's net reserves covered 5.1 months of imports as of the latest data.
- The trend has fluctuated between 4-6 months of import cover over the past decade.
- Maintaining adequate reserve levels is a key policy objective for the Beninese government.
FAQs
Q: What does this economic trend measure?
A: This trend measures Benin's net international reserves in terms of the number of months the country could finance its imports using those reserves.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Benin's external financial position and ability to withstand external shocks, which is crucial for assessing the country's economic resilience and creditworthiness.
Q: How is this data collected or calculated?
A: The data is calculated by the Central Bank of Benin based on the country's international reserve holdings and import values.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and international institutions closely monitor this trend to assess Benin's economic resilience and make informed decisions about the country's creditworthiness and access to international financing.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule of the Central Bank of Benin and may have occasional delays in publication.
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Citation
U.S. Federal Reserve, Net Reserves by Months of Imported Goods and Services for Benin (BENBRASSMIMH), retrieved from FRED.