Net Reserves by Months of Imported Goods and Services for Guinea-Bissau
GNBBRASSMIMH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-41.82%
Date Range
1/1/2000 - 1/1/2026
Summary
This economic trend measures Guinea-Bissau's net international reserves in terms of the number of months of imported goods and services that could be covered by those reserves. It is an important indicator of the country's external financial position and capacity 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
The net reserves by months of imported goods and services is a commonly used metric to assess the adequacy of a country's foreign exchange reserves. It provides insight into a nation's ability to finance its imports and meet external obligations in the event of economic or financial disruptions.
Methodology
The data is calculated by the Central Bank of Guinea-Bissau based on the country's total international reserves and monthly import levels.
Historical Context
This indicator is closely monitored by policymakers, investors, and international organizations to evaluate Guinea-Bissau's macroeconomic stability and resilience.
Key Facts
- Guinea-Bissau's net reserves could cover 3.5 months of imports as of the latest data.
- The country's reserves-to-imports ratio has fluctuated between 2-4 months over the past decade.
- Maintaining an adequate level of foreign exchange reserves is crucial for Guinea-Bissau's economic stability.
FAQs
Q: What does this economic trend measure?
A: This trend measures Guinea-Bissau's net international reserves in terms of the number of months of imported goods and services that could be covered by those reserves.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Guinea-Bissau's external financial position and capacity to withstand external shocks, which is crucial for evaluating the country's macroeconomic stability and resilience.
Q: How is this data collected or calculated?
A: The data is calculated by the Central Bank of Guinea-Bissau based on the country's total international reserves and monthly import levels.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by policymakers, investors, and international organizations to assess Guinea-Bissau's macroeconomic stability and resilience.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological practices of the Central Bank of Guinea-Bissau.
Related Trends
Value of Exports to Guinea-Bissau from New Jersey
NJGNBA052SCEN
Real GDP Per Capita for Guinea-Bissau
GNBNGDPRPCPCPPPT
Number of Identified Exporters to Guinea-Bissau from Ohio
OHGNBA475SCEN
Number of Identified Exporters to Guinea-Bissau from Maine
MEGNBA475SCEN
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Guinea-Bissau
GNBFCSODCXDC
Number of Identified Exporters to Guinea-Bissau from Nevada
NVGNBA475SCEN
Citation
U.S. Federal Reserve, Net Reserves by Months of Imported Goods and Services for Guinea-Bissau (GNBBRASSMIMH), retrieved from FRED.