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At a glance/External/Reserves
External · annual

Foreign exchange reserves (World Bank, incl. gold)

Total reserves including gold, at the end of each financial year, in billions of US dollars.

2025-26● Fresh
$700.1 bn
Next release expected around 2027-10-17.
Previous643.02024-25
Average, last 5 years635.32021-22 to 2025-26
Highest700.12025-26
Lowest0.51962-63

Over time

0200400600800700.1638.5 · Russia invades Ukraine1960-611970-711980-811990-912000-012010-112025-26
World Bank, World Development IndicatorsCSV

Circled points are the largest swings, labelled with the nearest event in our timeline. That is when it happened, not proof of cause.

View as a table
PeriodValueStatusBase
2025-26700.1
2024-25643.0
2023-24627.8
2022-23567.3
2021-22638.5
2020-21590.2
2019-20463.5
2018-19399.2
2017-18412.6
2016-17361.7
2015-16353.3
2014-15325.1
2013-14298.1
2012-13300.4
2011-12298.7
2010-11300.5
2009-10284.7
2008-09257.4
2007-08276.6
2006-07178.0
2005-06137.8
2004-05131.6
2003-04103.7
2002-0371.6
2001-0249.1
2000-0141.1
1999-0036.0
1998-9930.6
1997-9828.4
1996-9724.9
1995-9622.9
1994-9524.2
1993-9414.7
1992-939.5
1991-927.6
1990-915.6
1989-908.0
1988-899.2
1987-8811.5
1986-8710.5
1985-869.5
1984-858.5
1983-848.2
1982-838.2
1981-828.1
1980-8112.0
1979-8011.8
1978-798.3
1977-786.1
1976-773.7
1975-762.1
1974-752.3
1973-741.6
1972-731.4
1971-721.2
1970-711.0
1969-700.9
1968-690.7
1967-680.7
1966-670.6
1965-660.6
1964-650.5
1963-640.6
1962-630.5
1961-620.7
1960-610.7
Why it matters

Reserves let the RBI smooth the rupee and pay for imports in a crisis. India's stood at only $5.6 billion in 1990-91, on the eve of the 1991 balance-of-payments crisis, and are now about $700 billion.

What it leaves out

A year-end snapshot: the RBI's weekly figure moves with the rupee and with valuation changes in gold and currencies. Gold is counted at market prices.

RelatedRupee →Current account →
Past-paper questionsIndia's external sector and trade policy →Balance of payments and exchange rates →
Source · World Bank, World Development Indicators · CC BY 4.0
Unit · US$ bn · as published
Release · World Bank updates a few times a year.
Last checked · 2026-11-08 · freshness of every number →
Series id · external.reserves