Total reserves minus gold in India

India: Total reserves minus gold was 576.45 billion current US$ in 2025. ◆ Volatile

Latest (2025)
576.45 billion current US$
Change on year
up 1.2%
World rank
4th
of 181 countries
All-time high
594.36 billion current US$
in 2021
All-time low
251.00 million current US$
in 1964
Years of data
66
1960–2025

Total reserves minus gold in India, 1960–2025

0200.0B400.0B600.0B196019922025

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 181 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.

Averages by decade

DecadeAverage LowestHighest 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. 1 China 3.42 trillion current US$ compare
  2. 2 Japan 1.25 trillion current US$ compare
  3. 3 Switzerland 929.64 billion current US$ compare
  4. 5 Saudi Arabia 459.80 billion current US$ compare
  5. 6 Hong Kong 425.42 billion current US$ compare
  6. 7 South Korea 421.90 billion current US$ compare

See the full ranking of 182 places →

More economy & growth data for India

All data for India →

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 181 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

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.