What is the difference in reserves excluding gold between India and Japan?

493.72 billion SDR, with Japan ahead.

How many years of comparable data are there for India and Japan?

76 years are reported by both, from 1950 to 2025.

Where does this data come from?

International Monetary Fund, published as Reserves excluding gold (SDR). Statizoid refreshes it automatically from the source and publishes the full history for both places.

India vs Japan: Reserves excluding gold

India

420.92 billion SDR

in 2025

Japan

914.64 billion SDR

in 2025

India rank

5th

Japan rank

2nd

Reserves excluding gold over time

India
Japan

How they compare

Japan currently reports 914.64 billion SDR against 420.92 billion SDR in India, a difference of 493.72 billion SDR.

That makes Japan's figure about 2.2 times India's.

The two have swapped places 1 time across 76 shared years of data; in 1950 it was India ahead.

India ranks 5th and Japan ranks 2nd of 194 countries.

Across the 8 decades both report, India averaged higher in 1 and Japan in 7.

Head to head by decade

Decade	India	Japan	Difference	Ahead
1950s	1.29 billion SDR	981.66 million SDR	306.69 million SDR	India
1960s	394.20 million SDR	1.94 billion SDR	1.55 billion SDR	Japan
1970s	2.19 billion SDR	13.55 billion SDR	11.36 billion SDR	Japan
1980s	4.63 billion SDR	36.69 billion SDR	32.06 billion SDR	Japan
1990s	11.63 billion SDR	111.44 billion SDR	99.81 billion SDR	Japan
2000s	96.80 billion SDR	498.98 billion SDR	402.18 billion SDR	Japan
2010s	227.08 billion SDR	840.61 billion SDR	613.53 billion SDR	Japan
2020s	413.92 billion SDR	919.13 billion SDR	505.20 billion SDR	Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher reserves excluding gold, India or Japan?: Japan, at 914.64 billion SDR against 420.92 billion SDR in India as of 2025.
What is the difference in reserves excluding gold between India and Japan?: 493.72 billion SDR, with Japan ahead.
How many years of comparable data are there for India and Japan?: 76 years are reported by both, from 1950 to 2025.
How do India and Japan rank globally for reserves excluding gold?: India ranks 5th and Japan ranks 2nd of 194 countries.
Where does this data come from?: International Monetary Fund, published as Reserves excluding gold (SDR). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Japan: Reserves excluding gold. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://financial-sector.statizoid.com/compare/reserves-excluding-gold-sdr-3/india/japan/

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About this data

Indicator: Reserves excluding gold (SDR)
Unit: SDR
Source: International Monetary Fund
Licence: IMF Terms and Conditions (attribution required)
Coverage: 208 places, 11,411 data points, 1950–2025
Last refreshed: 19 August 2026

International Liquidity (IL) 2026 April