Reserves excluding gold in India
India: Reserves excluding gold was 420.92 billion SDR in 2025. ◆ Volatile
Latest (2025)
420.92 billion SDR
Change on year
down 3.6%
World rank
5th
of 188 countries
All-time high
436.72 billion SDR
in 2024
All-time low
251.00 million SDR
in 1964
Years of data
76
1950–2025
Reserves excluding gold in India, 1950–2025
Source: International Monetary Fund. Measured in SDR.
Analysis
In 2025, reserves excluding gold in India stood at 420.92 billion SDR.
That represents a change of down 3.6% on the previous year and up 74.5% over ten years.
Over the whole period, reserves excluding gold in India peaked at 436.72 billion SDR in 2024 and was at its lowest, 251.00 million SDR, in 1964.
India ranks 5th of 188 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Reserves excluding gold 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 | 1.64 billion SDR | +0.9% |
| 1956 | 1.22 billion SDR | -25.6% |
| 1957 | 695.00 million SDR | -42.9% |
| 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 | 763.32 million SDR | +11.8% |
| 1971 | 868.03 million SDR | +13.7% |
| 1972 | 843.97 million SDR | -2.8% |
| 1973 | 703.61 million SDR | -16.6% |
| 1974 | 839.41 million SDR | +19.3% |
| 1975 | 930.36 million SDR | +10.8% |
| 1976 | 2.40 billion SDR | +158.3% |
| 1977 | 4.01 billion SDR | +66.9% |
| 1978 | 4.93 billion SDR | +23.0% |
| 1979 | 5.64 billion SDR | +14.4% |
| 1980 | 5.44 billion SDR | -3.5% |
| 1981 | 4.03 billion SDR | -25.9% |
| 1982 | 3.91 billion SDR | -3.0% |
| 1983 | 4.72 billion SDR | +20.6% |
| 1984 | 5.96 billion SDR | +26.4% |
| 1985 | 5.85 billion SDR | -1.9% |
| 1986 | 5.23 billion SDR | -10.5% |
| 1987 | 4.55 billion SDR | -13.0% |
| 1988 | 3.64 billion SDR | -20.0% |
| 1989 | 2.94 billion SDR | -19.4% |
| 1990 | 1.07 billion SDR | -63.6% |
| 1991 | 2.54 billion SDR | +137.1% |
| 1992 | 4.19 billion SDR | +65.1% |
| 1993 | 7.43 billion SDR | +77.3% |
| 1994 | 13.49 billion SDR | +81.7% |
| 1995 | 12.06 billion SDR | -10.6% |
| 1996 | 14.03 billion SDR | +16.3% |
| 1997 | 18.30 billion SDR | +30.4% |
| 1998 | 19.42 billion SDR | +6.1% |
| 1999 | 23.80 billion SDR | +22.6% |
| 2000 | 29.09 billion SDR | +22.2% |
| 2001 | 36.50 billion SDR | +25.5% |
| 2002 | 49.77 billion SDR | +36.4% |
| 2003 | 66.58 billion SDR | +33.8% |
| 2004 | 81.51 billion SDR | +22.4% |
| 2005 | 92.30 billion SDR | +13.2% |
| 2006 | 113.49 billion SDR | +23.0% |
| 2007 | 168.95 billion SDR | +48.9% |
| 2008 | 160.63 billion SDR | -4.9% |
| 2009 | 169.15 billion SDR | +5.3% |
| 2010 | 178.75 billion SDR | +5.7% |
| 2011 | 176.70 billion SDR | -1.1% |
| 2012 | 176.06 billion SDR | -0.4% |
| 2013 | 179.54 billion SDR | +2.0% |
| 2014 | 209.45 billion SDR | +16.7% |
| 2015 | 241.25 billion SDR | +15.2% |
| 2016 | 253.77 billion SDR | +5.2% |
| 2017 | 273.39 billion SDR | +7.7% |
| 2018 | 269.22 billion SDR | -1.5% |
| 2019 | 312.68 billion SDR | +16.1% |
| 2020 | 381.24 billion SDR | +21.9% |
| 2021 | 424.66 billion SDR | +11.4% |
| 2022 | 391.80 billion SDR | -7.7% |
| 2023 | 428.20 billion SDR | +9.3% |
| 2024 | 436.72 billion SDR | +2.0% |
| 2025 | 420.92 billion SDR | -3.6% |
India compared with similar countries
- India's 420.92 billion SDR is above the median for lower middle income countries, which is 2.93 billion SDR, 143.8× the median. (40 countries reporting)
- India's 420.92 billion SDR is above the median for South Asia, which is 9.62 billion SDR, 43.8× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Reserves excluding gold 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 | +158.3% | 930.36 million SDR | 2.40 billion SDR |
| 1991 | +137.1% | 1.07 billion SDR | 2.54 billion SDR |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.29 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 | 2.19 billion SDR | 703.61 million SDR | 5.64 billion SDR | 10 |
| 1980s | 4.63 billion SDR | 2.94 billion SDR | 5.96 billion SDR | 10 |
| 1990s | 11.63 billion SDR | 1.07 billion SDR | 23.80 billion SDR | 10 |
| 2000s | 96.80 billion SDR | 29.09 billion SDR | 169.15 billion SDR | 10 |
| 2010s | 227.08 billion SDR | 176.06 billion SDR | 312.68 billion SDR | 10 |
| 2020s | 413.92 billion SDR | 381.24 billion SDR | 436.72 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 in India?
- Reserves excluding gold in India was 420.92 billion SDR in 2025, according to International Monetary Fund.
- What is the highest reserves excluding gold recorded in India?
- The highest recorded value was 436.72 billion SDR in 2024.
- What is the lowest reserves excluding gold recorded in India?
- The lowest recorded value was 251.00 million SDR in 1964.
- How does India rank for reserves excluding gold?
- India ranks 5th out of 188 countries with data for 2025.
- Is reserves excluding gold rising or falling in India?
- Over the last ten years it is up 74.5%. 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 (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.