Foreign exchange reserves excluding gold fell 0.864% to USD 570 bil in India in 2024, according to the National Statistical Office.
Historically, foreign exchange reserves excluding gold in India reached an all time high of USD 594 bil in 2021 and an all time low of USD 0.251 bil in 1964. When compared to India's main peers, foreign exchange reserves excluding gold in Bangladesh amounted to USD 20.2 bil, USD 3,265 bil in China, USD 13.0 bil in Pakistan and USD 6.05 bil in Sri Lanka in 2024.
India has been ranked 4th within the group of 125 countries we follow in terms of foreign exchange reserves excluding gold, 5 places above the position seen 10 years ago.
| Foreign Exchange Reserves, Excluding Gold (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Afghanistan | USD bil | ... | ... | ... | ... | 7.31 | 7.43 | 8.42 | ... | ... | ... | ... | ||||||||||
| Bangladesh | USD bil | 31.5 | 32.0 | 42.3 | 45.3 | 32.9 | ||||||||||||||||
| Bhutan | USD bil | 0.987 | 1.23 | 1.42 | 1.01 | 0.807 | ||||||||||||||||
| China | USD bil | 3,092 | 3,127 | 3,239 | 3,314 | 3,190 | ||||||||||||||||
| India | USD bil | 374 | 432 | 549 | 594 | 521 | ||||||||||||||||
| Iran | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Japan | USD bil | 1,239 | 1,285 | 1,344 | 1,356 | 1,178 | ||||||||||||||||
| Malaysia | USD bil | 99.9 | 102 | 105 | 115 | 112 | ||||||||||||||||
| Maldives | USD bil | 0.712 | 0.753 | 0.985 | 0.806 | 0.832 | ||||||||||||||||
| Myanmar | USD bil | 5.35 | 5.47 | 7.23 | 8.68 | 7.76 | ... | |||||||||||||||
| Pakistan | USD bil | 9.17 | 13.4 | 14.6 | 19.0 | 6.16 | ||||||||||||||||
| Russia | USD bil | 382 | 444 | 457 | 498 | 446 | ... | |||||||||||||||
| Sri Lanka | USD bil | 6.10 | 6.69 | 5.26 | 2.96 | 1.87 | ||||||||||||||||
| USA | USD bil | 115 | 118 | 134 | 240 | 233 |
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