Reserves excluding gold, foreign exchange in India
India: Reserves excluding gold, foreign exchange was 403.72 billion SDR in 2025. ◆ Volatile
Reserves excluding gold, foreign exchange in India, 1950–2025
Source: International Monetary Fund. Measured in SDR.
Analysis
India recorded 403.72 billion SDR for reserves excluding gold, foreign exchange in 2025.
That represents a change of down 3.8% on the previous year and up 70.6% over ten years.
Over the whole period, reserves excluding gold, foreign exchange in India peaked at 419.78 billion SDR in 2024 and was at its lowest, 251.00 million SDR, in 1964.
That places India 5th out of 188 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.
Reserves excluding gold, foreign exchange in India, year by year
| Year | SDR | Change |
|---|---|---|
| 1950 | 1.81 billion SDR | — |
| 1951 | 1.70 billion SDR | -6.1% |
| 1952 | 1.55 billion SDR | -8.8% |
| 1953 | 1.61 billion SDR | +4.2% |
| 1954 | 1.62 billion SDR | +0.4% |
| 1955 | 1.62 billion SDR | -0.1% |
| 1956 | 1.19 billion SDR | -26.6% |
| 1957 | 695.00 million SDR | -41.5% |
| 1958 | 475.00 million SDR | -31.7% |
| 1959 | 567.00 million SDR | +19.4% |
| 1960 | 423.00 million SDR | -25.4% |
| 1961 | 418.00 million SDR | -1.2% |
| 1962 | 265.00 million SDR | -36.6% |
| 1963 | 360.00 million SDR | +35.8% |
| 1964 | 251.00 million SDR | -30.3% |
| 1965 | 319.00 million SDR | +27.1% |
| 1966 | 365.00 million SDR | +14.4% |
| 1967 | 419.00 million SDR | +14.8% |
| 1968 | 439.00 million SDR | +4.8% |
| 1969 | 683.00 million SDR | +55.6% |
| 1970 | 698.00 million SDR | +2.2% |
| 1971 | 643.81 million SDR | -7.8% |
| 1972 | 521.31 million SDR | -19.0% |
| 1973 | 382.15 million SDR | -26.7% |
| 1974 | 599.50 million SDR | +56.9% |
| 1975 | 718.40 million SDR | +19.8% |
| 1976 | 2.21 billion SDR | +208.2% |
| 1977 | 3.86 billion SDR | +74.4% |
| 1978 | 4.64 billion SDR | +20.1% |
| 1979 | 5.11 billion SDR | +10.2% |
| 1980 | 4.74 billion SDR | -7.3% |
| 1981 | 3.23 billion SDR | -31.7% |
| 1982 | 3.21 billion SDR | -0.8% |
| 1983 | 4.12 billion SDR | +28.6% |
| 1984 | 5.14 billion SDR | +24.5% |
| 1985 | 5.05 billion SDR | -1.6% |
| 1986 | 4.45 billion SDR | -11.9% |
| 1987 | 3.95 billion SDR | -11.3% |
| 1988 | 3.08 billion SDR | -22.0% |
| 1989 | 2.36 billion SDR | -23.3% |
| 1990 | 847.01 million SDR | -64.2% |
| 1991 | 2.50 billion SDR | +195.5% |
| 1992 | 3.97 billion SDR | +58.7% |
| 1993 | 7.14 billion SDR | +79.8% |
| 1994 | 13.28 billion SDR | +86.0% |
| 1995 | 11.75 billion SDR | -11.5% |
| 1996 | 13.73 billion SDR | +16.8% |
| 1997 | 18.03 billion SDR | +31.3% |
| 1998 | 19.15 billion SDR | +6.2% |
| 1999 | 23.31 billion SDR | +21.7% |
| 2000 | 28.60 billion SDR | +22.7% |
| 2001 | 36.01 billion SDR | +25.9% |
| 2002 | 49.28 billion SDR | +36.9% |
| 2003 | 65.69 billion SDR | +33.3% |
| 2004 | 80.59 billion SDR | +22.7% |
| 2005 | 91.67 billion SDR | +13.7% |
| 2006 | 113.13 billion SDR | +23.4% |
| 2007 | 168.68 billion SDR | +49.1% |
| 2008 | 160.10 billion SDR | -5.1% |
| 2009 | 164.94 billion SDR | +3.0% |
| 2010 | 173.90 billion SDR | +5.4% |
| 2011 | 171.26 billion SDR | -1.5% |
| 2012 | 170.25 billion SDR | -0.6% |
| 2013 | 173.83 billion SDR | +2.1% |
| 2014 | 204.27 billion SDR | +17.5% |
| 2015 | 236.58 billion SDR | +15.8% |
| 2016 | 250.37 billion SDR | +5.8% |
| 2017 | 270.41 billion SDR | +8.0% |
| 2018 | 265.89 billion SDR | -1.7% |
| 2019 | 308.70 billion SDR | +16.1% |
| 2020 | 376.43 billion SDR | +21.9% |
| 2021 | 407.18 billion SDR | +8.2% |
| 2022 | 374.21 billion SDR | -8.1% |
| 2023 | 410.86 billion SDR | +9.8% |
| 2024 | 419.78 billion SDR | +2.2% |
| 2025 | 403.72 billion SDR | -3.8% |
India compared with similar countries
- India's 403.72 billion SDR is above the median for lower middle income countries, which is 2.65 billion SDR, 152.2× the median. (40 countries reporting)
- India's 403.72 billion SDR is above the median for South Asia, which is 9.55 billion SDR, 42.3× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Reserves excluding gold, foreign exchange in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +208.2% | 718.40 million SDR | 2.21 billion SDR |
| 1991 | +195.5% | 847.01 million SDR | 2.50 billion SDR |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.28 billion SDR | 475.00 million SDR | 1.81 billion SDR | 10 |
| 1960s | 394.20 million SDR | 251.00 million SDR | 683.00 million SDR | 10 |
| 1970s | 1.94 billion SDR | 382.15 million SDR | 5.11 billion SDR | 10 |
| 1980s | 3.93 billion SDR | 2.36 billion SDR | 5.14 billion SDR | 10 |
| 1990s | 11.37 billion SDR | 847.01 million SDR | 23.31 billion SDR | 10 |
| 2000s | 95.87 billion SDR | 28.60 billion SDR | 168.68 billion SDR | 10 |
| 2010s | 222.55 billion SDR | 170.25 billion SDR | 308.70 billion SDR | 10 |
| 2020s | 398.70 billion SDR | 374.21 billion SDR | 419.78 billion SDR | 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 reserves excluding gold, foreign exchange in India?
- Reserves excluding gold, foreign exchange in India was 403.72 billion SDR in 2025, according to International Monetary Fund.
- What is the highest reserves excluding gold, foreign exchange recorded in India?
- The highest recorded value was 419.78 billion SDR in 2024.
- What is the lowest reserves excluding gold, foreign exchange recorded in India?
- The lowest recorded value was 251.00 million SDR in 1964.
- How does India rank for reserves excluding gold, foreign exchange?
- India ranks 5th out of 188 countries with data for 2025.
- Is reserves excluding gold, foreign exchange rising or falling in India?
- Over the last ten years it is up 70.6%. 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 Reserves excluding gold, foreign exchange (SDR). Statizoid updates them automatically from the source API.
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About this data
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.