Japan vs Switzerland: Total reserves

Japan
1.37 trillion includes gold, current US$
in 2025
Switzerland
1.08 trillion includes gold, current US$
in 2025
Japan rank
3rd
Switzerland rank
4th

Total reserves over time

  • Japan
  • Switzerland
0500.0B1.0T1.5T196019922025

How they compare

Japan currently reports 1.37 trillion includes gold, current US$ against 1.08 trillion includes gold, current US$ in Switzerland, a difference of 295.72 billion includes gold, current US$.

That makes Japan's figure about 1.3 times Switzerland's.

The two have swapped places 5 times across 66 shared years of data; in 1960 it was Switzerland ahead.

Japan ranks 3rd and Switzerland ranks 4th of 181 countries.

Across the 7 decades both report, Japan averaged higher in 5 and Switzerland in 2.

Head to head by decade

Decade Japan Switzerland Difference Ahead
1960s 2.27 billion includes gold, current US$ 3.45 billion includes gold, current US$ 1.18 billion includes gold, current US$ Switzerland
1970s 19.87 billion includes gold, current US$ 21.71 billion includes gold, current US$ 1.83 billion includes gold, current US$ Switzerland
1980s 55.83 billion includes gold, current US$ 53.75 billion includes gold, current US$ 2.08 billion includes gold, current US$ Japan
1990s 165.26 billion includes gold, current US$ 63.92 billion includes gold, current US$ 101.34 billion includes gold, current US$ Japan
2000s 754.94 billion includes gold, current US$ 71.65 billion includes gold, current US$ 683.29 billion includes gold, current US$ Japan
2010s 1.25 trillion includes gold, current US$ 594.87 billion includes gold, current US$ 655.40 billion includes gold, current US$ Japan
2020s 1.32 trillion includes gold, current US$ 994.30 billion includes gold, current US$ 325.84 billion includes gold, current US$ Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves, Japan or Switzerland?
Japan, at 1.37 trillion includes gold, current US$ against 1.08 trillion includes gold, current US$ in Switzerland as of 2025.
What is the difference in total reserves between Japan and Switzerland?
295.72 billion includes gold, current US$, with Japan ahead.
How many years of comparable data are there for Japan and Switzerland?
66 years are reported by both, from 1960 to 2025.
How do Japan and Switzerland rank globally for total reserves?
Japan ranks 3rd and Switzerland ranks 4th of 181 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves (includes gold, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Switzerland: Total reserves. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 17 August 2026, from https://economy.statizoid.com/compare/total-reserves-includes-gold-current-us/japan/switzerland/

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About this data

Indicator
Total reserves (includes gold, current US$)
Unit
includes gold, current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
182 places, 9,490 data points, 1960–2025
Last refreshed

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 indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.