# Reserves in months of all imports

_Our calculation from Maldives Monetary Authority series, not an official MMA figure._

- Latest: 1.26 months (Aug 2026)

## How it is calculated

Official reserve assets at the end of the month, divided by an average month of imports: goods over the twelve months to that month (customs records, published monthly) plus imported services for the year (balance of payments, published once a year: the same year once it is complete, otherwise the latest complete year).

Note: MMA publishes no monthly or quarterly figure for imported services, so that part is annual and is updated once a year. Customs values include the freight and insurance on goods, which the balance of payments also counts as services, so the import bill is slightly overstated and the cover slightly understated.

## Made of

- Official reserves
- Goods imports, 12 months
- Services imports, year
- Services year used
- Average month of imports
- [Official reserve assets](https://www.goodmorningmaldives.com/dashboard/mma/3382)
- [Import of goods](https://www.goodmorningmaldives.com/dashboard/mma/3486)
- [Import of services](https://www.goodmorningmaldives.com/dashboard/mma/3411)

## Month by month

| Month | Months of imports | Official reserves | Goods imports, 12 months | Services imports, year | Services year used | Average month of imports |
| --- | --- | --- | --- | --- | --- | --- |
| Aug 2026 | 1.26 months | US$643.8m | US$4.26bn | US$1.89bn | 2025 | US$512.5m |
| Jul 2026 | 1.27 months | US$638m | US$4.15bn | US$1.89bn | 2025 | US$503.9m |
| Jun 2026 | 1.37 months | US$686.8m | US$4.11bn | US$1.89bn | 2025 | US$499.9m |
| May 2026 | 1.44 months | US$704.8m | US$3.97bn | US$1.89bn | 2025 | US$488.9m |
| Apr 2026 | 1.49 months | US$717.9m | US$3.9bn | US$1.89bn | 2025 | US$483m |
| Mar 2026 | 2.82 months | US$1.33bn | US$3.78bn | US$1.89bn | 2025 | US$472.5m |
| Feb 2026 | 2.73 months | US$1.27bn | US$3.69bn | US$1.89bn | 2025 | US$465.3m |
| Jan 2026 | 2.22 months | US$1.03bn | US$3.67bn | US$1.89bn | 2025 | US$463.2m |
| Dec 2025 | 2.14 months | US$984.6m | US$3.62bn | US$1.89bn | 2025 | US$459.3m |
| Nov 2025 | 1.92 months | US$886.5m | US$3.65bn | US$1.89bn | 2025 | US$461.8m |
| Oct 2025 | 1.90 months | US$866.3m | US$3.57bn | US$1.89bn | 2025 | US$455.4m |
| Sep 2025 | 1.88 months | US$859.5m | US$3.59bn | US$1.89bn | 2025 | US$456.9m |
| Aug 2025 | 1.76 months | US$810m | US$3.62bn | US$1.89bn | 2025 | US$459.7m |
| Jul 2025 | 1.69 months | US$774.5m | US$3.6bn | US$1.89bn | 2025 | US$458m |
| Jun 2025 | 1.82 months | US$832.4m | US$3.6bn | US$1.89bn | 2025 | US$458m |
| May 2025 | 1.78 months | US$815.8m | US$3.61bn | US$1.89bn | 2025 | US$458.5m |
| Apr 2025 | 1.87 months | US$856.3m | US$3.61bn | US$1.89bn | 2025 | US$458.9m |
| Mar 2025 | 1.72 months | US$791m | US$3.62bn | US$1.89bn | 2025 | US$459.4m |
| Feb 2025 | 1.81 months | US$832.1m | US$3.62bn | US$1.89bn | 2025 | US$459.4m |
| Jan 2025 | 1.54 months | US$708.1m | US$3.62bn | US$1.89bn | 2025 | US$459.2m |
| Dec 2024 | 1.47 months | US$673.9m | US$3.64bn | US$1.88bn | 2024 | US$459.9m |
| Nov 2024 | 1.35 months | US$616.2m | US$3.59bn | US$1.88bn | 2024 | US$456.4m |
| Oct 2024 | 1.34 months | US$614.6m | US$3.62bn | US$1.88bn | 2024 | US$458.2m |
| Sep 2024 | 0.81 months | US$371.2m | US$3.61bn | US$1.88bn | 2024 | US$457.6m |
| Aug 2024 | 0.98 months | US$443.9m | US$3.55bn | US$1.88bn | 2024 | US$453m |
| Jul 2024 | 0.87 months | US$395.4m | US$3.58bn | US$1.88bn | 2024 | US$455.4m |
| Jun 2024 | 1.11 months | US$509.2m | US$3.6bn | US$1.88bn | 2024 | US$456.9m |
| May 2024 | 1.08 months | US$492.2m | US$3.6bn | US$1.88bn | 2024 | US$456.5m |
| Apr 2024 | 1.36 months | US$622.1m | US$3.61bn | US$1.88bn | 2024 | US$457.4m |
| Mar 2024 | 1.19 months | US$541.8m | US$3.59bn | US$1.88bn | 2024 | US$456m |
| Feb 2024 | 1.29 months | US$588.8m | US$3.58bn | US$1.88bn | 2024 | US$455.4m |
| Jan 2024 | 1.21 months | US$551.1m | US$3.57bn | US$1.88bn | 2024 | US$454.7m |
| Dec 2023 | 1.37 months | US$590.5m | US$3.5bn | US$1.69bn | 2023 | US$432.1m |
| Nov 2023 | 1.34 months | US$581.2m | US$3.53bn | US$1.69bn | 2023 | US$434.8m |
| Oct 2023 | 1.27 months | US$552.2m | US$3.54bn | US$1.69bn | 2023 | US$436m |
| Sep 2023 | 1.37 months | US$592.7m | US$3.5bn | US$1.69bn | 2023 | US$432.2m |
| Aug 2023 | 1.60 months | US$694.2m | US$3.51bn | US$1.69bn | 2023 | US$433m |
| Jul 2023 | 1.38 months | US$594.1m | US$3.5bn | US$1.69bn | 2023 | US$432.1m |
| Jun 2023 | 1.63 months | US$702.2m | US$3.47bn | US$1.69bn | 2023 | US$429.5m |
| May 2023 | 1.71 months | US$748.2m | US$3.55bn | US$1.69bn | 2023 | US$436.3m |
| Apr 2023 | 1.74 months | US$756.8m | US$3.53bn | US$1.69bn | 2023 | US$435.2m |
| Mar 2023 | 1.75 months | US$764.6m | US$3.55bn | US$1.69bn | 2023 | US$436.6m |
| Feb 2023 | 1.83 months | US$795.8m | US$3.53bn | US$1.69bn | 2023 | US$434.7m |
| Jan 2023 | 1.83 months | US$790m | US$3.5bn | US$1.69bn | 2023 | US$432.5m |
| Dec 2022 | 1.94 months | US$832.1m | US$3.52bn | US$1.62bn | 2022 | US$428.2m |
| Nov 2022 | 1.43 months | US$604.2m | US$3.44bn | US$1.62bn | 2022 | US$422.1m |
| Oct 2022 | 1.19 months | US$499.6m | US$3.41bn | US$1.62bn | 2022 | US$419.2m |
| Sep 2022 | 1.30 months | US$540.3m | US$3.38bn | US$1.62bn | 2022 | US$416.7m |

The latest 48 of 188 months. The full record is on the website.

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Canonical URL: https://www.goodmorningmaldives.com/dashboard/mma/ratios/import-cover-all
Source: Good Morning Maldives. Cite the canonical URL when quoting.
