India vs Latin America & Caribbean (excluding high income): Total reserves
Total reserves over time
- India
- Latin America & Caribbean (excluding high income)
How they compare
India currently reports 89.8% against 40.9% in Latin America & Caribbean (excluding high income), a difference of 48.9%.
That makes India's figure about 2.2 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 3 times across 54 shared years of data; in 1971 it was Latin America & Caribbean (excluding high income) ahead.
India ranks 18th and Latin America & Caribbean (excluding high income) ranks 21st of 112 countries.
India has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 28.4% | 19.1% | 9.3% | India |
| 1980s | 27.3% | 9.8% | 17.5% | India |
| 1990s | 21.6% | 18.1% | 3.4% | India |
| 2000s | 93.7% | 32.3% | 61.4% | India |
| 2010s | 80.3% | 49.0% | 31.3% | India |
| 2020s | 97.5% | 41.4% | 56.2% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves, India or Latin America & Caribbean (excluding high income)?
- India, at 89.8% against 40.9% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in total reserves between India and Latin America & Caribbean (excluding high income)?
- 48.9%, with India ahead.
- How many years of comparable data are there for India and Latin America & Caribbean (excluding high income)?
- 54 years are reported by both, from 1971 to 2024.
- How do India and Latin America & Caribbean (excluding high income) rank globally for total reserves?
- India ranks 18th and Latin America & Caribbean (excluding high income) ranks 21st of 112 countries.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Total reserves (% of total external debt). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.