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)