Africa Western and Central vs India: Broad money
Broad money over time
- Africa Western and Central
- India
How they compare
India currently reports 82.1% against 28.7% in Africa Western and Central, a difference of 53.4%.
That makes India's figure about 2.9 times Africa Western and Central's.
The two have swapped places 2 times across 62 shared years of data; in 1960 it was India ahead.
Africa Western and Central ranks 43rd and India ranks 45th of 44 groups.
Across the 7 decades both report, Africa Western and Central averaged higher in 1 and India in 6.
Head to head by decade
| Decade | Africa Western and Central | India | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.6% | 20.7% | 8.1% | India |
| 1970s | 17.3% | 26.6% | 9.3% | India |
| 1980s | 16.1% | 38.9% | 22.8% | India |
| 1990s | 14.3% | 45.6% | 31.3% | India |
| 2000s | 92.5% | 66.5% | 26.0% | Africa Western and Central |
| 2010s | 73.6% | 76.7% | 3.1% | India |
| 2020s | 23.4% | 84.9% | 61.4% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Africa Western and Central or India?
- India, at 82.1% against 28.7% in Africa Western and Central as of 2021.
- What is the difference in broad money between Africa Western and Central and India?
- 53.4%, with India ahead.
- How many years of comparable data are there for Africa Western and Central and India?
- 62 years are reported by both, from 1960 to 2021.
- How do Africa Western and Central and India rank globally for broad money?
- Africa Western and Central ranks 43rd and India ranks 45th of 44 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.