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

Hong Kong
425.42 billion current US$
in 2023
India
576.45 billion current US$
in 2025
Hong Kong rank
6th
India rank
4th

Total reserves minus gold (current US$) over time

  • Hong Kong
  • India
0200.0B400.0B600.0B196019922025

How they compare

India currently reports 576.45 billion current US$ against 425.42 billion current US$ in Hong Kong, a difference of 151.03 billion current US$.

That makes India's figure about 1.4 times Hong Kong's.

The two have swapped places 3 times across 33 shared years of data; in 1990 it was Hong Kong ahead.

Hong Kong ranks 6th and India ranks 4th of 183 countries.

Across the 4 decades both report, Hong Kong averaged higher in 2 and India in 2.

Head to head by decade

Decade Hong Kong India Difference Ahead
1990s 57.87 billion current US$ 16.36 billion current US$ 41.51 billion current US$ Hong Kong
2000s 142.08 billion current US$ 145.92 billion current US$ 3.84 billion current US$ India
2010s 364.91 billion current US$ 332.60 billion current US$ 32.30 billion current US$ Hong Kong
2020s 459.43 billion current US$ 559.84 billion current US$ 100.41 billion current US$ India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves minus gold, Hong Kong or India?
India, at 576.45 billion current US$ against 425.42 billion current US$ in Hong Kong as of 2025.
What is the difference in total reserves minus gold between Hong Kong and India?
151.03 billion current US$, with India ahead.
How many years of comparable data are there for Hong Kong and India?
33 years are reported by both, from 1990 to 2023.
How do Hong Kong and India rank globally for total reserves minus gold?
Hong Kong ranks 6th and India ranks 4th of 183 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves minus gold (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hong Kong vs India: Total reserves minus gold. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 25 October 2026, from https://economy.statizoid.com/compare/total-reserves-minus-gold-current-us/hong-kong-sar-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.