India vs Japan: Net foreign assets (current LCU)
Net foreign assets (current LCU) over time
- India
- Japan
How they compare
India currently reports 66.95 trillion current LCU against 54.94 trillion current LCU in Japan, a difference of 12.01 trillion current LCU.
That makes India's figure about 1.2 times Japan's.
The two have swapped places 5 times across 66 shared years of data; in 1960 it was Japan ahead.
India ranks 8th and Japan ranks 10th of 187 countries.
Across the 7 decades both report, India averaged higher in 1 and Japan in 6.
Head to head by decade
| Decade | India | Japan | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.58 billion current LCU | 576.80 billion current LCU | 575.22 billion current LCU | Japan |
| 1970s | 20.74 billion current LCU | 2.02 trillion current LCU | 2.00 trillion current LCU | Japan |
| 1980s | 17.32 billion current LCU | -11.37 trillion current LCU | 11.39 trillion current LCU | India |
| 1990s | 604.12 billion current LCU | 21.17 trillion current LCU | 20.56 trillion current LCU | Japan |
| 2000s | 6.70 trillion current LCU | 57.02 trillion current LCU | 50.32 trillion current LCU | Japan |
| 2010s | 21.85 trillion current LCU | 77.88 trillion current LCU | 56.03 trillion current LCU | Japan |
| 2020s | 53.38 trillion current LCU | 71.69 trillion current LCU | 18.31 trillion current LCU | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net foreign assets, India or Japan?
- India, at 66.95 trillion current LCU against 54.94 trillion current LCU in Japan as of 2025.
- What is the difference in net foreign assets between India and Japan?
- 12.01 trillion current LCU, with India ahead.
- How many years of comparable data are there for India and Japan?
- 66 years are reported by both, from 1960 to 2025.
- How do India and Japan rank globally for net foreign assets?
- India ranks 8th and Japan ranks 10th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net foreign assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.