Net Reserves by Months of Imported Goods and Services for Ethiopia
ETHBRASSMIMH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.13
Year-over-Year Change
38.85%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Net Reserves by Months of Imported Goods and Services for Ethiopia' metric tracks the number of months' worth of imports that Ethiopia's foreign exchange reserves can cover. This is a key indicator of the country's external financial stability and ability to withstand economic 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
This trend represents Ethiopia's foreign currency reserves in relation to its monthly import requirements. It's an important measure of a country's external position and liquidity, reflecting its capacity to pay for essential imports and service foreign debt obligations.
Methodology
The data is calculated by the National Bank of Ethiopia based on its foreign exchange reserve holdings and current monthly import values.
Historical Context
Policymakers and analysts use this metric to assess Ethiopia's external vulnerability and inform decisions around trade, fiscal, and monetary policies.
Key Facts
- Ethiopia's net reserves can cover around 2 months of imports as of the latest data.
- This metric has declined from over 3 months of import coverage a decade ago.
- Maintaining adequate foreign reserves is crucial for Ethiopia to manage exchange rate fluctuations and external shocks.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of months' worth of imports that Ethiopia's foreign exchange reserves can cover. It's a key indicator of the country's external financial stability.
Q: Why is this trend relevant for users or analysts?
A: This measure is important for assessing Ethiopia's external vulnerability and informing trade, fiscal, and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the National Bank of Ethiopia based on its foreign exchange reserve holdings and current monthly import values.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Ethiopia's external position and capacity to withstand economic shocks, informing decisions around trade, fiscal, and monetary policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the National Bank of Ethiopia, but there may be some delays in reporting compared to real-time economic conditions.
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Citation
U.S. Federal Reserve, Net Reserves by Months of Imported Goods and Services for Ethiopia (ETHBRASSMIMH), retrieved from FRED.