Japan vs Switzerland: Total reserves minus gold

Japan
1.25 trillion current US$
in 2025
Switzerland
929.64 billion current US$
in 2025
Japan rank
2nd
Switzerland rank
3rd

Total reserves minus gold over time

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

How they compare

Japan currently reports 1.25 trillion current US$ against 929.64 billion current US$ in Switzerland, a difference of 322.96 billion current US$.

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

Across all 66 years both countries report, Japan has been ahead every year.

Japan ranks 2nd and Switzerland ranks 3rd of 181 countries.

Japan has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Japan Switzerland Difference Ahead
1960s 1.94 billion current US$ 665.30 million current US$ 1.27 billion current US$ Japan
1970s 16.24 billion current US$ 8.22 billion current US$ 8.03 billion current US$ Japan
1980s 45.78 billion current US$ 19.22 billion current US$ 26.57 billion current US$ Japan
1990s 156.85 billion current US$ 35.02 billion current US$ 121.83 billion current US$ Japan
2000s 740.94 billion current US$ 46.97 billion current US$ 693.97 billion current US$ Japan
2010s 1.22 trillion current US$ 550.34 billion current US$ 667.17 billion current US$ Japan
2020s 1.25 trillion current US$ 913.14 billion current US$ 341.80 billion current US$ Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves minus gold, Japan or Switzerland?
Japan, at 1.25 trillion current US$ against 929.64 billion current US$ in Switzerland as of 2025.
What is the difference in total reserves minus gold between Japan and Switzerland?
322.96 billion current US$, with Japan ahead.
How many years of comparable data are there for Japan and Switzerland?
66 years are reported by both, from 1960 to 2025.
How do Japan and Switzerland rank globally for total reserves minus gold?
Japan ranks 2nd and Switzerland ranks 3rd of 181 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves minus gold (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Switzerland: Total reserves minus gold. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 28 August 2026, from https://economy.statizoid.com/compare/total-reserves-minus-gold-current-us/japan/switzerland/

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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
182 places, 9,490 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.