Total reserves minus gold (current US$) in India
India: Total reserves minus gold (current US$) was 576.45 billion current US$ in 2025. ◆ Volatile
Total reserves minus gold in India, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
India recorded 576.45 billion current US$ for total reserves minus gold in 2025.
Compared with earlier readings it is up 1.2% on the previous year and up 72.4% over ten years.
Over the whole period, total reserves minus gold in India peaked at 594.36 billion current US$ in 2021 and was at its lowest, 251.00 million current US$, in 1964.
That places India 4th out of 183 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold (current US$) in India, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 423.00 million current US$ | — |
| 1961 | 418.00 million current US$ | -1.2% |
| 1962 | 265.00 million current US$ | -36.6% |
| 1963 | 360.00 million current US$ | +35.8% |
| 1964 | 251.00 million current US$ | -30.3% |
| 1965 | 319.00 million current US$ | +27.1% |
| 1966 | 365.00 million current US$ | +14.4% |
| 1967 | 419.00 million current US$ | +14.8% |
| 1968 | 439.00 million current US$ | +4.8% |
| 1969 | 683.00 million current US$ | +55.6% |
| 1970 | 763.32 million current US$ | +11.8% |
| 1971 | 942.44 million current US$ | +23.5% |
| 1972 | 916.32 million current US$ | -2.8% |
| 1973 | 848.79 million current US$ | -7.4% |
| 1974 | 1.03 billion current US$ | +21.1% |
| 1975 | 1.09 billion current US$ | +6.0% |
| 1976 | 2.79 billion current US$ | +156.3% |
| 1977 | 4.87 billion current US$ | +74.5% |
| 1978 | 6.43 billion current US$ | +31.9% |
| 1979 | 7.43 billion current US$ | +15.7% |
| 1980 | 6.94 billion current US$ | -6.6% |
| 1981 | 4.69 billion current US$ | -32.4% |
| 1982 | 4.32 billion current US$ | -8.0% |
| 1983 | 4.94 billion current US$ | +14.4% |
| 1984 | 5.84 billion current US$ | +18.3% |
| 1985 | 6.42 billion current US$ | +9.9% |
| 1986 | 6.40 billion current US$ | -0.4% |
| 1987 | 6.45 billion current US$ | +0.9% |
| 1988 | 4.90 billion current US$ | -24.1% |
| 1989 | 3.86 billion current US$ | -21.2% |
| 1990 | 1.52 billion current US$ | -60.6% |
| 1991 | 3.63 billion current US$ | +138.4% |
| 1992 | 5.76 billion current US$ | +58.7% |
| 1993 | 10.20 billion current US$ | +77.2% |
| 1994 | 19.70 billion current US$ | +93.1% |
| 1995 | 17.92 billion current US$ | -9.0% |
| 1996 | 20.17 billion current US$ | +12.5% |
| 1997 | 24.69 billion current US$ | +22.4% |
| 1998 | 27.34 billion current US$ | +10.7% |
| 1999 | 32.67 billion current US$ | +19.5% |
| 2000 | 37.90 billion current US$ | +16.0% |
| 2001 | 45.87 billion current US$ | +21.0% |
| 2002 | 67.67 billion current US$ | +47.5% |
| 2003 | 98.94 billion current US$ | +46.2% |
| 2004 | 126.59 billion current US$ | +28.0% |
| 2005 | 131.92 billion current US$ | +4.2% |
| 2006 | 170.74 billion current US$ | +29.4% |
| 2007 | 266.99 billion current US$ | +56.4% |
| 2008 | 247.42 billion current US$ | -7.3% |
| 2009 | 265.18 billion current US$ | +7.2% |
| 2010 | 275.28 billion current US$ | +3.8% |
| 2011 | 271.29 billion current US$ | -1.5% |
| 2012 | 270.59 billion current US$ | -0.3% |
| 2013 | 276.49 billion current US$ | +2.2% |
| 2014 | 303.45 billion current US$ | +9.8% |
| 2015 | 334.31 billion current US$ | +10.2% |
| 2016 | 341.14 billion current US$ | +2.0% |
| 2017 | 389.35 billion current US$ | +14.1% |
| 2018 | 374.43 billion current US$ | -3.8% |
| 2019 | 432.38 billion current US$ | +15.5% |
| 2020 | 549.09 billion current US$ | +27.0% |
| 2021 | 594.36 billion current US$ | +8.2% |
| 2022 | 521.42 billion current US$ | -12.3% |
| 2023 | 574.51 billion current US$ | +10.2% |
| 2024 | 569.54 billion current US$ | -0.9% |
| 2025 | 576.45 billion current US$ | +1.2% |
India compared with similar countries
- India's 576.45 billion current US$ is above the median for lower middle income countries, which is 3.90 billion current US$, 147.7× the median. (42 countries reporting)
- India's 576.45 billion current US$ is above the median for South Asia, which is 13.02 billion current US$, 44.3× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Total reserves minus gold (current US$) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +156.3% | 1.09 billion current US$ | 2.79 billion current US$ |
| 1991 | +138.4% | 1.52 billion current US$ | 3.63 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 394.20 million current US$ | 251.00 million current US$ | 683.00 million current US$ | 10 |
| 1970s | 2.71 billion current US$ | 763.32 million current US$ | 7.43 billion current US$ | 10 |
| 1980s | 5.48 billion current US$ | 3.86 billion current US$ | 6.94 billion current US$ | 10 |
| 1990s | 16.36 billion current US$ | 1.52 billion current US$ | 32.67 billion current US$ | 10 |
| 2000s | 145.92 billion current US$ | 37.90 billion current US$ | 266.99 billion current US$ | 10 |
| 2010s | 326.87 billion current US$ | 270.59 billion current US$ | 432.38 billion current US$ | 10 |
| 2020s | 564.23 billion current US$ | 521.42 billion current US$ | 594.36 billion current US$ | 6 |
Countries ranked near India
- 1 China 3.42 trillion current US$ compare
- 2 Japan 1.25 trillion current US$ compare
- 3 Switzerland 929.64 billion current US$ compare
- 5 Saudi Arabia 459.80 billion current US$ compare
- 6 Hong Kong 425.42 billion current US$ compare
- 7 South Korea 421.90 billion current US$ compare
More economy & growth data for India
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
Frequently asked questions
- What is total reserves minus gold in India?
- Total reserves minus gold in India was 576.45 billion current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in India?
- The highest recorded value was 594.36 billion current US$ in 2021.
- What is the lowest total reserves minus gold recorded in India?
- The lowest recorded value was 251.00 million current US$ in 1964.
- How does India rank for total reserves minus gold?
- India ranks 4th out of 183 countries with data for 2025.
- Is total reserves minus gold rising or falling in India?
- Over the last ten years it is up 72.4%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves minus gold (current US$). Statizoid updates them automatically from the source API.
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About this data
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.