India: Foreign exchange reserves

* indicates monthly or quarterly data series

Foreign exchange reserves, billion currency units

 Latest value 54365.74
 Reference June 2024
 Measure billion Indian Rupee
 Data availability April 2001 - June 2024
 Average 20463.63
 Min - Max 1998.17 - 54381.38
 Source Reserve Bank of India
For that indicator, we provide data for India from April 2001 to June 2024. The average value for India during that period was 20463.63 billion Indian Rupee with a minimum of 1998.17 billion Indian Rupee in April 2001 and a maximum of 54381.38 billion Indian Rupee in May 2024. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series

Recent values chart
India - Foreign exchange reserves - recent values

Historical chart
India - Foreign exchange reserves - historical chart - 2001-2024
Measure: billion Indian Rupee
Source: Reserve Bank of India

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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 90.74 2021 percent
 Trade openness 49.04 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 22.79 2022 percent
 Exports, billion dollars 777.14 2023 billion U.S. dollars
 Growth of exports 13.57 2022 percent
 Imports, percent of GDP 26.44 2022 percent
 Imports, billion dollars 850.64 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.46 2022 percent
 Foreign Direct Investment, billion dollars 49.94 2022 billion U.S. dollars
 Portfolio investment inflows, equities 21,427.09 2023 million dollars (current)
 Current account, percent of GDP -1.20 2023 percent
 Current account, in dollars -32.34 2023 billion U.S. dollars
 Trade balance, percent of GDP -3.66 2022 percent
 Trade balance, in dollars -86.26 2023 billion U.S. dollars
 Reserves 567.30 2022 billion U.S. dollars
 Remittances, percent of GDP 3.26 2022 percent
 Remittances 111,221.78 2022 million U.S. dollars
 Net errors and omissions -315.99 2023 million USD
 External debt 18.42 2022 percent
 Short-term external debt 20.94 2022 percent
 Short-term debt to reserves 22.77 2022 percent
 Foreign exchange reserves 48,983.36 9/2023 billion
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