Predetermined short-term net drains on foreign currency assets in India
India: Predetermined short-term net drains on foreign currency assets was -8.82 billion in 2025. ▼ Falling
Predetermined short-term net drains on foreign currency assets in India, 2007–2025
Source: International Monetary Fund.
Analysis
The most recent figure for predetermined short-term net drains on foreign currency assets in India is -8.82 billion, measured in 2025. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 13.7% on the previous year and down 123.6% over ten years.
Over the whole period, predetermined short-term net drains on foreign currency assets in India peaked at -2.04 billion in 2007 and was at its lowest, -8.82 billion, in 2025.
India ranks 74th of 84 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Predetermined short-term net drains on foreign currency assets in India, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | -2.04 billion | — |
| 2008 | -2.32 billion | +13.7% |
| 2009 | -2.56 billion | +10.4% |
| 2010 | -2.78 billion | +8.6% |
| 2011 | -3.01 billion | +8.3% |
| 2012 | -3.18 billion | +5.7% |
| 2013 | -3.20 billion | +0.4% |
| 2014 | -3.68 billion | +15.2% |
| 2015 | -3.95 billion | +7.1% |
| 2016 | -4.21 billion | +6.8% |
| 2017 | -4.59 billion | +8.9% |
| 2018 | -5.00 billion | +8.9% |
| 2019 | -5.20 billion | +4.1% |
| 2020 | -5.36 billion | +3.1% |
| 2021 | -5.36 billion | -0.1% |
| 2022 | -5.72 billion | +6.7% |
| 2023 | -6.79 billion | +18.8% |
| 2024 | -7.76 billion | +14.2% |
| 2025 | -8.82 billion | +13.7% |
India compared with similar countries
- India's -8.82 billion is below the median for lower middle income countries, which is -2.20 billion, 4.0× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.31 billion | -2.56 billion | -2.04 billion | 3 |
| 2010s | -3.88 billion | -5.20 billion | -2.78 billion | 10 |
| 2020s | -6.64 billion | -8.82 billion | -5.36 billion | 6 |
Countries ranked near India
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
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 -8.82 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 -2.04 billion in 2007.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in India?
- The lowest recorded value was -8.82 billion in 2025.
- How does India rank for predetermined short-term net drains on foreign currency assets?
- India ranks 74th out of 84 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 down 123.6%. The long-run trend across the full record is falling.
- 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), Total foreign currency loans securities and deposits, principal, Outflows (reserves template) (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities. Statizoid updates them automatically from the source API.
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About this data
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.