India: Reserves
* indicates monthly or quarterly data series
| India |
Foreign exchange reserves including gold, billion USD |
|---|---|
| Latest value | 567.3 |
| Reference | 2022 |
| Measure | billion U.S. dollars |
| Source | The World Bank |
For that indicator, we provide data for India from 1960 to 2022. The average value for India during that period was 114.05 billion U.S. dollars with a minimum of 0.5 billion U.S. dollars in 1964 and a maximum of 638.48 billion U.S. dollars in 2021.
The latest value from 2022 is 567.3 billion U.S. dollars. For comparison, the world average in 2022 based on 136
countries is 102.15 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent values
Longer historical series
The reserves of India and other countries include their holdings of foreign currencies and gold. These are the reserves of the central bank and the treasury of the country, not the private sector.
When countries export products or attract investment from other countries, they receive foreign currencies. They use some of these currencies to buy imports and to invest in other countries. The rest is held in reserves and some of the reserves may be converted to gold.
When countries export products or attract investment from other countries, they receive foreign currencies. They use some of these currencies to buy imports and to invest in other countries. The rest is held in reserves and some of the reserves may be converted to gold.
Definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.