India vs Japan: Reserve assets
India
687.42 billion US dollar
in 2025
Japan
1.37 trillion US dollar
in 2025
India rank
6th
Japan rank
3rd
Reserve assets over time
- India
- Japan
How they compare
Japan currently reports 1.37 trillion US dollar against 687.42 billion US dollar in India, a difference of 679.65 billion US dollar.
That makes Japan's figure about 2.0 times India's.
Across all 30 years both countries report, Japan has been ahead every year.
India ranks 6th and Japan ranks 3rd of 173 countries.
Japan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | India | Japan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 32.11 billion US dollar | 235.28 billion US dollar | 203.17 billion US dollar | Japan |
| 2000s | 156.50 billion US dollar | 752.54 billion US dollar | 596.05 billion US dollar | Japan |
| 2010s | 347.64 billion US dollar | 1.25 trillion US dollar | 900.36 billion US dollar | Japan |
| 2020s | 621.33 billion US dollar | 1.32 trillion US dollar | 700.09 billion US dollar | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher reserve assets, India or Japan?
- Japan, at 1.37 trillion US dollar against 687.42 billion US dollar in India as of 2025.
- What is the difference in reserve assets between India and Japan?
- 679.65 billion US dollar, with Japan ahead.
- How many years of comparable data are there for India and Japan?
- 30 years are reported by both, from 1996 to 2025.
- How do India and Japan rank globally for reserve assets?
- India ranks 6th and Japan ranks 3rd of 173 countries.
- Where does this data come from?
- International Monetary Fund, published as Reserve assets (Assets, Positions, US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The International Investment Position (IIP) is a statistical statement that shows at a point in time the value of financial assets of residents of an economy that are claims on nonresidents or are gold bullion held as reserve assets; and the liabilities of residents of an economy to nonresidents.