Kenya vs Namibia: Total reserves in months of imports
Total reserves in months of imports over time
- Kenya
- Namibia
How they compare
Kenya currently reports 4.03 against 3.96 in Namibia, a difference of 0.0713.
The two have swapped places 12 times across 33 shared years of data; in 1992 it was Kenya ahead.
Globally, Kenya ranks 94th and Namibia ranks 96th of 178 countries.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].