India vs Japan: Official Reserve Assets and Other Foreign Currency Assets
Official Reserve Assets and Other Foreign Currency Assets over time
- India
- Japan
How they compare
Japan currently reports 159.97 billion against 45.17 billion in India, a difference of 114.80 billion.
That makes Japan's figure about 3.5 times India's.
The two have swapped places 3 times across 19 shared years of data; in 2007 it was India ahead.
India ranks 4th and Japan ranks 1st of 89 countries.
Across the 3 decades both report, India averaged higher in 2 and Japan in 1.
Head to head by decade
| Decade | India | Japan | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 130.91 billion | 6.90 billion | 124.01 billion | India |
| 2010s | 107.06 billion | 67.03 billion | 40.04 billion | India |
| 2020s | 94.92 billion | 146.01 billion | 51.10 billion | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official reserve assets and other foreign currency assets, India or Japan?
- Japan, at 159.97 billion against 45.17 billion in India as of 2025.
- What is the difference in official reserve assets and other foreign currency assets between India and Japan?
- 114.80 billion, with Japan ahead.
- How many years of comparable data are there for India and Japan?
- 19 years are reported by both, from 2007 to 2025.
- How do India and Japan rank globally for official reserve assets and other foreign currency assets?
- India ranks 4th and Japan ranks 1st of 89 countries.
- Where does this data come from?
- International Monetary Fund, published as Official Reserve Assets and Other Foreign Currency Assets (approximate market value), Official reserve currency and deposits, with Other National Central Banks, BIS and IMF (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities . Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.