China, People's Republic of vs Japan: Reserves excluding gold

China, People's Republic of
2.50 trillion SDR
in 2025
Japan
914.64 billion SDR
in 2025
China, People's Republic of rank
1st
Japan rank
2nd

Reserves excluding gold over time

  • China, People's Republic of
  • Japan
01.0T2.0T3.0T195019872025

How they compare

China, People's Republic of currently reports 2.50 trillion SDR against 914.64 billion SDR in Japan, a difference of 1.59 trillion SDR.

That makes China, People's Republic of's figure about 2.7 times Japan's.

The two have swapped places 1 time across 49 shared years of data; in 1977 it was Japan ahead.

China, People's Republic of ranks 1st and Japan ranks 2nd of 194 countries.

Across the 6 decades both report, China, People's Republic of averaged higher in 3 and Japan in 3.

Head to head by decade

Decade China, People's Republic of Japan Difference Ahead
1970s 1.59 billion SDR 19.36 billion SDR 17.78 billion SDR Japan
1980s 10.85 billion SDR 36.69 billion SDR 25.83 billion SDR Japan
1990s 57.07 billion SDR 111.44 billion SDR 54.37 billion SDR Japan
2000s 624.53 billion SDR 498.98 billion SDR 125.55 billion SDR China, People's Republic of
2010s 2.26 trillion SDR 840.61 billion SDR 1.42 trillion SDR China, People's Republic of
2020s 2.41 trillion SDR 919.13 billion SDR 1.49 trillion SDR China, People's Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher reserves excluding gold, China, People's Republic of or Japan?
China, People's Republic of, at 2.50 trillion SDR against 914.64 billion SDR in Japan as of 2025.
What is the difference in reserves excluding gold between China, People's Republic of and Japan?
1.59 trillion SDR, with China, People's Republic of ahead.
How many years of comparable data are there for China, People's Republic of and Japan?
49 years are reported by both, from 1977 to 2025.
How do China, People's Republic of and Japan rank globally for reserves excluding gold?
China, People's Republic of ranks 1st 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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China, People's Republic of 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/china/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, 11,419 data points, 1950–2025
Last refreshed

International liquidity consists of all the resources that are available to the monetary authorities of countries for the purpose of meeting balance of payments financing needs.