Total reserves in India
India: Total reserves was 89.8% in 2024. ◆ Volatile
Total reserves in India, 1971–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
The most recent figure for total reserves in India is 89.8%, measured in 2024.
Compared with earlier readings it is down 7.4% on the previous year and up 26.3% over ten years.
Over the whole period, total reserves in India peaked at 135.5% in 2007 and was at its lowest, 6.8%, in 1990.
That places India 18th out of 111 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in India, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1971 | 13.4% | — |
| 1972 | 13.6% | +2.1% |
| 1973 | 14.9% | +9.0% |
| 1974 | 18.3% | +23.2% |
| 1975 | 14.9% | -18.7% |
| 1976 | 25.6% | +71.7% |
| 1977 | 39.5% | +54.4% |
| 1978 | 50.3% | +27.5% |
| 1979 | 65.0% | +29.0% |
| 1980 | 58.0% | -10.8% |
| 1981 | 36.1% | -37.8% |
| 1982 | 30.6% | -15.2% |
| 1983 | 26.8% | -12.4% |
| 1984 | 26.1% | -2.8% |
| 1985 | 24.4% | -6.4% |
| 1986 | 23.3% | -4.3% |
| 1987 | 21.5% | -7.7% |
| 1988 | 15.5% | -28.1% |
| 1989 | 10.9% | -29.5% |
| 1990 | 6.8% | -38.1% |
| 1991 | 9.0% | +32.9% |
| 1992 | 10.9% | +21.1% |
| 1993 | 16.1% | +47.9% |
| 1994 | 24.7% | +54.0% |
| 1995 | 24.4% | -1.5% |
| 1996 | 26.5% | +8.7% |
| 1997 | 30.2% | +13.9% |
| 1998 | 31.2% | +3.3% |
| 1999 | 36.1% | +15.8% |
| 2000 | 40.6% | +12.5% |
| 2001 | 49.3% | +21.4% |
| 2002 | 67.7% | +37.4% |
| 2003 | 87.3% | +28.9% |
| 2004 | 106.5% | +22.0% |
| 2005 | 113.7% | +6.8% |
| 2006 | 111.6% | -1.9% |
| 2007 | 135.5% | +21.4% |
| 2008 | 113.3% | -16.4% |
| 2009 | 111.1% | -2.0% |
| 2010 | 103.5% | -6.8% |
| 2011 | 89.3% | -13.7% |
| 2012 | 76.5% | -14.3% |
| 2013 | 69.8% | -8.8% |
| 2014 | 71.1% | +1.8% |
| 2015 | 73.8% | +3.8% |
| 2016 | 79.4% | +7.6% |
| 2017 | 80.7% | +1.6% |
| 2018 | 76.6% | -5.0% |
| 2019 | 82.6% | +7.9% |
| 2020 | 104.5% | +26.5% |
| 2021 | 104.3% | -0.1% |
| 2022 | 92.2% | -11.7% |
| 2023 | 96.9% | +5.2% |
| 2024 | 89.8% | -7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.4% | 13.4% | 65.0% | 9 |
| 1980s | 27.3% | 10.9% | 58.0% | 10 |
| 1990s | 21.6% | 6.8% | 36.1% | 10 |
| 2000s | 93.7% | 40.6% | 135.5% | 10 |
| 2010s | 80.3% | 69.8% | 103.5% | 10 |
| 2020s | 97.5% | 89.8% | 104.5% | 5 |
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 India?
- Total reserves in India was 89.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total reserves recorded in India?
- The highest recorded value was 135.5% in 2007.
- What is the lowest total reserves recorded in India?
- The lowest recorded value was 6.8% in 1990.
- How does India rank for total reserves?
- India ranks 18th out of 111 countries with data for 2024.
- Is total reserves rising or falling in India?
- Over the last ten years it is up 26.3%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total reserves (% of total external debt). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.