Total reserves in months of imports in India
India: Total reserves in months of imports was 7.88 in 2025. ▲ Rising
Total reserves in months of imports in India, 1975–2025
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
India recorded 7.88 for total reserves in months of imports in 2025.
The figure is up 4.7% on the previous year and down 1.6% over ten years.
Over the whole period, total reserves in months of imports in India peaked at 12.93 in 2020 and was at its lowest, 2.04, in 1990.
That places India 29th out of 178 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Total reserves in months of imports in India, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | 3.87 | — |
| 1976 | 7.31 | +88.8% |
| 1977 | 10.39 | +42.1% |
| 1978 | 10.56 | +1.6% |
| 1979 | 11.41 | +8.1% |
| 1980 | 8.26 | -27.6% |
| 1981 | 5.43 | -34.2% |
| 1982 | 5.43 | -0.0% |
| 1983 | 5.31 | -2.2% |
| 1984 | 5.38 | +1.3% |
| 1985 | 5.6 | +4.1% |
| 1986 | 5.93 | +5.8% |
| 1987 | 5.78 | -2.5% |
| 1988 | 3.99 | -31.0% |
| 1989 | 3.15 | -21.0% |
| 1990 | 2.04 | -35.4% |
| 1991 | 2.92 | +43.5% |
| 1992 | 3.37 | +15.3% |
| 1993 | 5.07 | +50.4% |
| 1994 | 6.88 | +35.7% |
| 1995 | 5.13 | -25.4% |
| 1996 | 5.01 | -2.4% |
| 1997 | 5.39 | +7.6% |
| 1998 | 5.67 | +5.2% |
| 1999 | 6.31 | +11.2% |
| 2000 | 6.12 | -3.0% |
| 2001 | 7.45 | +21.8% |
| 2002 | 10.37 | +39.2% |
| 2003 | 12.28 | +18.4% |
| 2004 | 11.31 | -8.0% |
| 2005 | 8.52 | -24.6% |
| 2006 | 8.92 | +4.7% |
| 2007 | 11.14 | +24.9% |
| 2008 | 7.71 | -30.7% |
| 2009 | 9.77 | +26.7% |
| 2010 | 7.76 | -20.6% |
| 2011 | 6.19 | -20.3% |
| 2012 | 5.9 | -4.6% |
| 2013 | 6.03 | +2.1% |
| 2014 | 6.6 | +9.5% |
| 2015 | 8 | +21.3% |
| 2016 | 8.43 | +5.3% |
| 2017 | 8.16 | -3.2% |
| 2018 | 6.9 | -15.5% |
| 2019 | 8.27 | +19.9% |
| 2020 | 12.93 | +56.3% |
| 2021 | 9.84 | -23.9% |
| 2022 | 7.01 | -28.8% |
| 2023 | 7.97 | +13.7% |
| 2024 | 7.52 | -5.7% |
| 2025 | 7.88 | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.71 | 3.87 | 11.41 | 5 |
| 1980s | 5.43 | 3.15 | 8.26 | 10 |
| 1990s | 4.78 | 2.04 | 6.88 | 10 |
| 2000s | 9.36 | 6.12 | 12.28 | 10 |
| 2010s | 7.23 | 5.9 | 8.43 | 10 |
| 2020s | 8.86 | 7.01 | 12.93 | 6 |
Countries ranked near India
More financial sector data for India
- Total reserves in months of imports, annual growth rate 4.72 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -3.83 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1021 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 275.79 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -3.62 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 287.54 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 3.67 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 349.2 SDR per person (2025)
Frequently asked questions
- What is total reserves in months of imports in India?
- Total reserves in months of imports in India was 7.88 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in India?
- The highest recorded value was 12.93 in 2020.
- What is the lowest total reserves in months of imports recorded in India?
- The lowest recorded value was 2.04 in 1990.
- How does India rank for total reserves in months of imports?
- India ranks 29th out of 178 countries with data for 2025.
- Is total reserves in months of imports rising or falling in India?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].