China vs India: Total reserves minus gold (current US$)

China
3.42 trillion current US$
in 2025
India
576.45 billion current US$
in 2025
China rank
1st
India rank
4th

Total reserves minus gold (current US$) over time

  • China
  • India
01.0T2.0T3.0T4.0T196019922025

How they compare

China currently reports 3.42 trillion current US$ against 576.45 billion current US$ in India, a difference of 2.85 trillion current US$.

That makes China's figure about 5.9 times India's.

The two have swapped places 1 time across 49 shared years of data; in 1977 it was India ahead.

China ranks 1st and India ranks 4th of 183 countries.

Across the 6 decades both report, China averaged higher in 5 and India in 1.

Head to head by decade

Decade China India Difference Ahead
1970s 2.02 billion current US$ 6.24 billion current US$ 4.22 billion current US$ India
1980s 12.83 billion current US$ 5.48 billion current US$ 7.35 billion current US$ China
1990s 80.13 billion current US$ 16.36 billion current US$ 63.77 billion current US$ China
2000s 948.32 billion current US$ 145.92 billion current US$ 802.40 billion current US$ China
2010s 3.29 trillion current US$ 326.87 billion current US$ 2.96 trillion current US$ China
2020s 3.29 trillion current US$ 564.23 billion current US$ 2.72 trillion current US$ China

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves minus gold, China or India?
China, at 3.42 trillion current US$ against 576.45 billion current US$ in India as of 2025.
What is the difference in total reserves minus gold between China and India?
2.85 trillion current US$, with China ahead.
How many years of comparable data are there for China and India?
49 years are reported by both, from 1977 to 2025.
How do China and India rank globally for total reserves minus gold?
China ranks 1st and India ranks 4th of 183 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves minus gold (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China vs India: Total reserves minus gold. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 13 November 2026, from https://economy.statizoid.com/compare/total-reserves-minus-gold-current-us/china/india/

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About this data

Indicator
Total reserves minus gold (current US$)
Unit
current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
184 places, 9,541 data points, 1960–2025
Last refreshed

This series includes external assets (excluding 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.