India vs Japan: Reserve assets, Other reserve (currency, deposits, securities)

India
552.64 billion US dollar
in 2025
Japan
1.18 trillion US dollar
in 2025
India rank
4th
Japan rank
2nd

Reserve assets, Other reserve (currency, deposits, securities) over time

  • India
  • Japan
0500.0B1.0T1.5T199620102025

How they compare

Japan currently reports 1.18 trillion US dollar against 552.64 billion US dollar in India, a difference of 625.51 billion US dollar.

That makes Japan's figure about 2.1 times India's.

Across all 30 years both countries report, Japan has been ahead every year.

India ranks 4th and Japan ranks 2nd of 168 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 28.28 billion US dollar 223.65 billion US dollar 195.37 billion US dollar Japan
2000s 148.60 billion US dollar 729.51 billion US dollar 580.90 billion US dollar Japan
2010s 320.08 billion US dollar 1.18 trillion US dollar 864.35 billion US dollar Japan
2020s 543.61 billion US dollar 1.19 trillion US dollar 648.44 billion US dollar Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher reserve assets, other reserve (currency, deposits, securities), India or Japan?
Japan, at 1.18 trillion US dollar against 552.64 billion US dollar in India as of 2025.
What is the difference in reserve assets, other reserve (currency, deposits, securities) between India and Japan?
625.51 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, other reserve (currency, deposits, securities)?
India ranks 4th and Japan ranks 2nd of 168 countries.
Where does this data come from?
International Monetary Fund, published as Reserve assets, Other reserve (currency, deposits, securities, financial derivatives and other claims) (Assets, Positions, US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Japan: Reserve assets, Other reserve (currency, deposits, securities). Statizoid, drawing on International Monetary Fund. Retrieved 12 September 2026, from https://financial-sector.statizoid.com/compare/reserve-assets-other-reserve-currency-deposits-securities-financial-derivatives-and-other/india/japan/

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About this data

Indicator
Reserve assets, Other reserve (currency, deposits, securities, financial derivatives and other claims) (Assets, Positions, US dollar)
Unit
US dollar
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
171 places, 4,431 data points, 1948–2025
Last refreshed

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.