Total reserves minus gold in Japan

Japan: Total reserves minus gold was 1.25 trillion current US$ in 2025. ◆ Volatile

Latest (2025)
1.25 trillion current US$
Change on year
up 8.0%
World rank
2nd
of 182 countries
All-time high
1.36 trillion current US$
in 2021
All-time low
1.38 billion current US$
in 1961
Years of data
66
1960–2025

Total reserves minus gold in Japan, 1960–2025

0500.0B1.0T1.5T196019922025

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for total reserves minus gold in Japan is 1.25 trillion current US$, measured in 2025.

That represents a change of up 8.0% on the previous year and up 3.8% over ten years.

Over the whole period, total reserves minus gold in Japan peaked at 1.36 trillion current US$ in 2021 and was at its lowest, 1.38 billion current US$, in 1961.

Japan ranks 2nd of 182 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Total reserves minus gold in Japan, year by year

Annual values for Total reserves minus gold (current US$) in Japan, 1960 to 2025.
Year current US$ Change
1960 1.70 billion current US$ —
1961 1.38 billion current US$ -19.0%
1962 1.73 billion current US$ +25.6%
1963 1.77 billion current US$ +2.1%
1964 1.72 billion current US$ -3.0%
1965 1.82 billion current US$ +6.4%
1966 1.79 billion current US$ -1.9%
1967 1.69 billion current US$ -5.5%
1968 2.55 billion current US$ +50.7%
1969 3.24 billion current US$ +27.1%
1970 4.31 billion current US$ +32.9%
1971 14.62 billion current US$ +239.4%
1972 17.56 billion current US$ +20.1%
1973 11.35 billion current US$ -35.4%
1974 12.61 billion current US$ +11.1%
1975 11.95 billion current US$ -5.3%
1976 15.75 billion current US$ +31.8%
1977 22.34 billion current US$ +41.9%
1978 32.41 billion current US$ +45.1%
1979 19.52 billion current US$ -39.8%
1980 24.64 billion current US$ +26.2%
1981 28.21 billion current US$ +14.5%
1982 23.33 billion current US$ -17.3%
1983 24.60 billion current US$ +5.4%
1984 26.43 billion current US$ +7.4%
1985 26.72 billion current US$ +1.1%
1986 42.26 billion current US$ +58.2%
1987 80.97 billion current US$ +91.6%
1988 96.73 billion current US$ +19.5%
1989 83.96 billion current US$ -13.2%
1990 78.50 billion current US$ -6.5%
1991 72.06 billion current US$ -8.2%
1992 71.62 billion current US$ -0.6%
1993 98.52 billion current US$ +37.6%
1994 125.86 billion current US$ +27.7%
1995 183.25 billion current US$ +45.6%
1996 216.65 billion current US$ +18.2%
1997 219.65 billion current US$ +1.4%
1998 215.47 billion current US$ -1.9%
1999 286.92 billion current US$ +33.2%
2000 354.90 billion current US$ +23.7%
2001 395.15 billion current US$ +11.3%
2002 461.19 billion current US$ +16.7%
2003 663.29 billion current US$ +43.8%
2004 833.89 billion current US$ +25.7%
2005 834.27 billion current US$ +0.0%
2006 879.68 billion current US$ +5.4%
2007 952.78 billion current US$ +8.3%
2008 1.01 trillion current US$ +5.9%
2009 1.02 trillion current US$ +1.5%
2010 1.07 trillion current US$ +4.4%
2011 1.26 trillion current US$ +17.6%
2012 1.23 trillion current US$ -2.5%
2013 1.24 trillion current US$ +0.8%
2014 1.23 trillion current US$ -0.5%
2015 1.21 trillion current US$ -1.9%
2016 1.19 trillion current US$ -1.5%
2017 1.23 trillion current US$ +3.7%
2018 1.24 trillion current US$ +0.5%
2019 1.28 trillion current US$ +3.7%
2020 1.34 trillion current US$ +4.6%
2021 1.36 trillion current US$ +0.9%
2022 1.18 trillion current US$ -13.1%
2023 1.24 trillion current US$ +5.1%
2024 1.16 trillion current US$ -6.4%
2025 1.25 trillion current US$ +8.0%

Japan compared with similar countries

  • Japan's 1.25 trillion current US$ is above the median for high income countries, which is 24.46 billion current US$, 51.2× the median. (63 countries reporting)
  • Japan's 1.25 trillion current US$ is above the median for East Asia & Pacific, which is 24.02 billion current US$, 52.2× the median. (26 countries reporting)

Biggest year-on-year movements

Years where Total reserves minus gold in Japan 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.

YearChange FromTo
1971 +239.4% 4.31 billion current US$ 14.62 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.94 billion current US$ 1.38 billion current US$ 3.24 billion current US$ 10
1970s 16.24 billion current US$ 4.31 billion current US$ 32.41 billion current US$ 10
1980s 45.78 billion current US$ 23.33 billion current US$ 96.73 billion current US$ 10
1990s 156.85 billion current US$ 71.62 billion current US$ 286.92 billion current US$ 10
2000s 740.94 billion current US$ 354.90 billion current US$ 1.02 trillion current US$ 10
2010s 1.22 trillion current US$ 1.07 trillion current US$ 1.28 trillion current US$ 10
2020s 1.25 trillion current US$ 1.16 trillion current US$ 1.36 trillion current US$ 6

Countries ranked near Japan

  1. 1 China 3.42 trillion current US$ compare
  2. 3 Switzerland 929.64 billion current US$ compare
  3. 4 India 576.45 billion current US$ compare
  4. 5 Saudi Arabia 459.80 billion current US$ compare

See the full ranking of 183 places →

More economy & growth data for Japan

All data for Japan →

Frequently asked questions

What is total reserves minus gold in Japan?
Total reserves minus gold in Japan was 1.25 trillion current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest total reserves minus gold recorded in Japan?
The highest recorded value was 1.36 trillion current US$ in 2021.
What is the lowest total reserves minus gold recorded in Japan?
The lowest recorded value was 1.38 billion current US$ in 1961.
How does Japan rank for total reserves minus gold?
Japan ranks 2nd out of 182 countries with data for 2025.
Is total reserves minus gold rising or falling in Japan?
Over the last ten years it is up 3.8%. The long-run trend across the full record is volatile.
Where does this Japan 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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Total reserves minus gold in Japan. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 27 September 2026, from https://economy.statizoid.com/stat/total-reserves-minus-gold-current-us/japan/

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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
183 places, 9,516 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.