Reserve assets in India

India: Reserve assets was 687.42 billion US dollar in 2025. ◆ Volatile

Latest (2025)
687.42 billion US dollar
Change on year
up 8.2%
World rank
6th
of 173 countries
All-time high
687.42 billion US dollar
in 2025
All-time low
26.71 billion US dollar
in 1996
Years of data
30
1996–2025

Reserve assets in India, 1996–2025

0200.0B400.0B600.0B1996201020251996: 26.7B US dollar1997: 29.8B US dollar1998: 33.1B US dollar1999: 38.8B US dollar2000: 42.8B US dollar2001: 55.4B US dollar2002: 75.3B US dollar2003: 107.5B US dollar2004: 142.0B US dollar2005: 150.1B US dollar2006: 177.2B US dollar2007: 275.3B US dollar2008: 255.9B US dollar2009: 283.5B US dollar2010: 297.3B US dollar2011: 296.7B US dollar2012: 295.6B US dollar2013: 293.9B US dollar2014: 320.3B US dollar2015: 348.8B US dollar2016: 358.7B US dollar2017: 409.0B US dollar2018: 395.6B US dollar2019: 460.3B US dollar2020: 585.9B US dollar2021: 633.6B US dollar2022: 562.3B US dollar2023: 623.2B US dollar2024: 635.6B US dollar2025: 687.4B US dollar

Source: International Monetary Fund. Measured in US dollar.

Analysis

In 2025, reserve assets in India stood at 687.42 billion US dollar. That is the highest value across all 30 years on record.

The figure is up 8.2% on the previous year and up 97.1% over ten years.

Over the whole period, reserve assets in India peaked at 687.42 billion US dollar in 2025 and was at its lowest, 26.71 billion US dollar, in 1996.

That places India 6th out of 173 countries with data for 2025, putting it in the top 10%.

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

Reserve assets in India, year by year

Annual values for Reserve assets (Assets, Positions, US dollar) in India, 1996 to 2025.
Year US dollar Change
1996 26.71 billion US dollar —
1997 29.82 billion US dollar +11.6%
1998 33.11 billion US dollar +11.1%
1999 38.81 billion US dollar +17.2%
2000 42.80 billion US dollar +10.3%
2001 55.42 billion US dollar +29.5%
2002 75.26 billion US dollar +35.8%
2003 107.47 billion US dollar +42.8%
2004 142.05 billion US dollar +32.2%
2005 150.09 billion US dollar +5.7%
2006 177.19 billion US dollar +18.1%
2007 275.28 billion US dollar +55.4%
2008 255.94 billion US dollar -7.0%
2009 283.47 billion US dollar +10.8%
2010 297.34 billion US dollar +4.9%
2011 296.73 billion US dollar -0.2%
2012 295.64 billion US dollar -0.4%
2013 293.88 billion US dollar -0.6%
2014 320.34 billion US dollar +9.0%
2015 348.81 billion US dollar +8.9%
2016 358.72 billion US dollar +2.8%
2017 409.02 billion US dollar +14.0%
2018 395.59 billion US dollar -3.3%
2019 460.32 billion US dollar +16.4%
2020 585.91 billion US dollar +27.3%
2021 633.60 billion US dollar +8.1%
2022 562.28 billion US dollar -11.3%
2023 623.17 billion US dollar +10.8%
2024 635.60 billion US dollar +2.0%
2025 687.42 billion US dollar +8.2%

India compared with similar countries

  • India's 687.42 billion US dollar is above the median for lower middle income countries, which is 5.74 billion US dollar, 119.8× the median. (40 countries reporting)
  • India's 687.42 billion US dollar is above the median for South Asia, which is 11.14 billion US dollar, 61.7× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 32.11 billion US dollar 26.71 billion US dollar 38.81 billion US dollar 4
2000s 156.50 billion US dollar 42.80 billion US dollar 283.47 billion US dollar 10
2010s 347.64 billion US dollar 293.88 billion US dollar 460.32 billion US dollar 10
2020s 621.33 billion US dollar 562.28 billion US dollar 687.42 billion US dollar 6

Countries ranked near India

  1. 3 Japan 1.37 trillion US dollar compare
  2. 4 Switzerland 1.07 trillion US dollar compare
  3. 5 Russia 754.85 billion US dollar compare
  4. 7 Germany 566.11 billion US dollar compare
  5. 8 Saudi Arabia 460.23 billion US dollar compare
  6. 9 Italy 429.55 billion US dollar compare

See the full ranking of 176 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is reserve assets in India?
Reserve assets in India was 687.42 billion US dollar in 2025, according to International Monetary Fund.
What is the highest reserve assets recorded in India?
The highest recorded value was 687.42 billion US dollar in 2025.
What is the lowest reserve assets recorded in India?
The lowest recorded value was 26.71 billion US dollar in 1996.
How does India rank for reserve assets?
India ranks 6th out of 173 countries with data for 2025.
Is reserve assets rising or falling in India?
Over the last ten years it is up 97.1%. 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 Reserve assets (Assets, Positions, US dollar). Statizoid updates them automatically from the source API.

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Reserve assets in India. Statizoid, drawing on International Monetary Fund. Retrieved 04 October 2026, from https://financial-sector.statizoid.com/stat/reserve-assets-assets-positions-us-dollar/india/

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About this data

Indicator
Reserve assets (Assets, Positions, US dollar)
Unit
US dollar
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
176 places, 4,530 data points, 1948–2025
Last refreshed

The International Investment Position (IIP) is a statistical statement that shows at a point in time the value of financial assets of residents of an economy that are claims on nonresidents or are gold bullion held as reserve assets; and the liabilities of residents of an economy to nonresidents.