India - Broad money (% of GDP)
Broad money (% of GDP) in India was 88.16 as of 2020. Its highest value over the past 60 years was 88.16 in 2020, while its lowest value was 19.11 in 1967.
Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.
Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.
See also:
Year | Value |
---|---|
1960 | 22.07 |
1961 | 21.50 |
1962 | 21.93 |
1963 | 21.12 |
1964 | 19.81 |
1965 | 20.83 |
1966 | 20.46 |
1967 | 19.11 |
1968 | 19.76 |
1969 | 20.37 |
1970 | 21.37 |
1971 | 23.37 |
1972 | 24.47 |
1973 | 24.02 |
1974 | 22.84 |
1975 | 24.26 |
1976 | 28.03 |
1977 | 29.48 |
1978 | 32.98 |
1979 | 35.39 |
1980 | 34.47 |
1981 | 34.46 |
1982 | 36.11 |
1983 | 36.24 |
1984 | 38.16 |
1985 | 39.53 |
1986 | 41.66 |
1987 | 42.63 |
1988 | 42.50 |
1989 | 42.82 |
1990 | 42.18 |
1991 | 43.42 |
1992 | 44.14 |
1993 | 44.88 |
1994 | 46.02 |
1995 | 43.55 |
1996 | 44.69 |
1997 | 47.46 |
1998 | 48.90 |
1999 | 51.06 |
2000 | 54.65 |
2001 | 57.74 |
2002 | 62.62 |
2003 | 63.18 |
2004 | 64.64 |
2005 | 65.55 |
2006 | 68.06 |
2007 | 72.28 |
2008 | 77.37 |
2009 | 79.08 |
2010 | 77.68 |
2011 | 78.84 |
2012 | 76.91 |
2013 | 78.18 |
2014 | 77.90 |
2015 | 78.01 |
2016 | 74.55 |
2017 | 74.14 |
2018 | 74.15 |
2019 | 76.05 |
2020 | 88.16 |
Aggregation method: Weighted average
Periodicity: Annual
General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.
Classification
Topic: Financial Sector Indicators
Sub-Topic: Monetary holdings (liabilities)