Predetermined short-term net drains on foreign currency assets in India

India: Predetermined short-term net drains on foreign currency assets was -4.39 billion in 2025. ◆ Volatile

Latest (2025)
-4.39 billion
Change on year
up 55.5%
World rank
45th
of 51 countries
All-time high
0
in 2009
All-time low
-24.67 billion
in 2015
Years of data
18
2008–2025

Predetermined short-term net drains on foreign currency assets in India, 2008–2025

-25.0B-20.0B-15.0B-10.0B-5.0B02008201620252008: -2.6B2009: 02010: 02011: -60.0M2012: -8.0B2013: -16.9B2014: -2.8B2015: -24.7B2016: -8.1B2017: -2.7B2018: -9.3B2019: -1.7B2020: 02021: -5.0B2022: -1.2B2023: 02024: -9.9B2025: -4.4B

Source: International Monetary Fund.

Analysis

The most recent figure for predetermined short-term net drains on foreign currency assets in India is -4.39 billion, measured in 2025.

The figure is up 55.5% on the previous year and up 82.2% over ten years.

Over the whole period, predetermined short-term net drains on foreign currency assets in India peaked at 0 in 2009 and was at its lowest, -24.67 billion, in 2015.

India ranks 45th of 51 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Predetermined short-term net drains on foreign currency assets in India, year by year

Annual values for Predetermined short-term net drains on foreign currency assets (nominal value), Forwards and futures in foreign currencies vis-s-vis the domestic currency (including the forward leg of currency swaps), More than 3 months and up to 1 year, Short positions (International Reserves and Foreign Currency in India, 2008 to 2025.
Year Value Change
2008 -2.60 billion
2009 0 -100.0%
2010 0
2011 -60.00 million
2012 -7.99 billion +13216.7%
2013 -16.90 billion +111.6%
2014 -2.78 billion -83.5%
2015 -24.67 billion +787.0%
2016 -8.14 billion -67.0%
2017 -2.72 billion -66.5%
2018 -9.29 billion +241.1%
2019 -1.71 billion -81.6%
2020 0 -100.0%
2021 -5.00 billion
2022 -1.25 billion -75.1%
2023 0 -100.0%
2024 -9.88 billion
2025 -4.39 billion -55.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s -1.30 billion -2.60 billion 0 2
2010s -7.43 billion -24.67 billion 0 10
2020s -3.42 billion -9.88 billion 0 6

Countries ranked near India

  1. 42 Australia -2.38 billion compare
  2. 43 Sri Lanka -2.54 billion compare
  3. 44 New Zealand -3.69 billion compare
  4. 46 Netherlands -4.60 billion compare
  5. 47 Malaysia -8.28 billion compare
  6. 48 Indonesia -11.65 billion compare

See the full ranking of 53 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is predetermined short-term net drains on foreign currency assets in India?
Predetermined short-term net drains on foreign currency assets in India was -4.39 billion in 2025, according to International Monetary Fund.
What is the highest predetermined short-term net drains on foreign currency assets recorded in India?
The highest recorded value was 0 in 2009.
What is the lowest predetermined short-term net drains on foreign currency assets recorded in India?
The lowest recorded value was -24.67 billion in 2015.
How does India rank for predetermined short-term net drains on foreign currency assets?
India ranks 45th out of 51 countries with data for 2025.
Is predetermined short-term net drains on foreign currency assets rising or falling in India?
Over the last ten years it is up 82.2%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from International Monetary Fund, published as part of Predetermined short-term net drains on foreign currency assets (nominal value), Forwards and futures in foreign currencies vis-s-vis the domestic currency (including the forward leg of currency swaps), More than 3 months and up to 1 year, Short positions (International Reserves and Foreign Currency . Statizoid updates them automatically from the source API.

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Predetermined short-term net drains on foreign currency assets in India. Statizoid, drawing on International Monetary Fund. Retrieved 23 August 2026, from https://financial-sector.statizoid.com/stat/predetermined-short-term-net-drains-on-foreign-currency-assets-nominal-value-forwards-and-3/india/

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About this data

Indicator
Predetermined short-term net drains on foreign currency assets (nominal value), Forwards and futures in foreign currencies vis-s-vis the domestic currency (including the forward leg of currency swaps), More than 3 months and up to 1 year, Short positions (International Reserves and Foreign Currency
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
53 places, 1,024 data points, 1999–2025
Last refreshed

The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.