India vs Japan: Net foreign assets

India

66.95 trillion current LCU

in 2025

Japan

70.71 trillion current LCU

in 2025

India rank

10th

Japan rank

9th

Net foreign assets over time

India
Japan

How they compare

Japan currently reports 70.71 trillion current LCU against 66.95 trillion current LCU in India, a difference of 3.75 trillion current LCU.

That makes Japan's figure about 1.1 times India's.

The two have swapped places 6 times across 66 shared years of data; in 1960 it was Japan ahead.

Globally, India ranks 10th and Japan ranks 9th of 186 countries.

Individual pages

About this data

Indicator: Net foreign assets (current LCU)
Unit: current LCU
Source: International Financial Statistics database, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 186 places, 9,009 data points, 1960–2025
Last refreshed: 06 August 2026

Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.