India vs Japan: Official Reserve Assets and Other Foreign Currency Assets

India
689.36 billion
in 2025
Japan
1.40 trillion
in 2025
India rank
5th
Japan rank
2nd

Official Reserve Assets and Other Foreign Currency Assets over time

  • India
  • Japan
250.0B500.0B750.0B1.0T1.2T1.5T200020122025

How they compare

Japan currently reports 1.40 trillion against 689.36 billion in India, a difference of 712.88 billion.

That makes Japan's figure about 2.0 times India's.

Across all 19 years both countries report, Japan has been ahead every year.

India ranks 5th and Japan ranks 2nd of 91 countries.

Japan has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade India Japan Difference Ahead
2000s 271.67 billion 1.06 trillion 792.62 billion Japan
2010s 349.41 billion 1.30 trillion 946.61 billion Japan
2020s 623.78 billion 1.36 trillion 737.72 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 1.40 trillion against 689.36 billion in India as of 2025.
What is the difference in official reserve assets and other foreign currency assets between India and Japan?
712.88 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 5th and Japan ranks 2nd of 91 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 assets and other foreign currency assets (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government exclud. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Japan: Official Reserve Assets and Other Foreign Currency Assets. Statizoid, drawing on International Monetary Fund. Retrieved 09 September 2026, from https://financial-sector.statizoid.com/compare/official-reserve-assets-and-other-foreign-currency-assets-approximate-market-value/india/japan/

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About this data

Indicator
Official Reserve Assets and Other Foreign Currency Assets (approximate market value), Official reserve assets and other foreign currency assets (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government exclud
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
93 places, 1,951 data points, 1996–2025
Last refreshed

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.