India vs Low income: Broad money
Broad money over time
- India
- Low income
How they compare
India currently reports 82.1% against 22.6% in Low income, a difference of 59.5%.
That makes India's figure about 3.6 times Low income's.
The two have swapped places 4 times across 53 shared years of data; in 1963 it was India ahead.
India ranks 45th and Low income ranks 44th of 167 countries.
Across the 6 decades both report, India averaged higher in 4 and Low income in 2.
Head to head by decade
| Decade | India | Low income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 20.2% | 12.6% | 7.6% | India |
| 1970s | 26.6% | 17.9% | 8.8% | India |
| 1980s | 38.9% | 26.7% | 12.1% | India |
| 1990s | 45.6% | 27.2% | 18.4% | India |
| 2000s | 66.5% | 162.4% | 95.9% | Low income |
| 2010s | 77.9% | 236.3% | 158.4% | Low income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, India or Low income?
- India, at 82.1% against 22.6% in Low income as of 2021.
- What is the difference in broad money between India and Low income?
- 59.5%, with India ahead.
- How many years of comparable data are there for India and Low income?
- 53 years are reported by both, from 1963 to 2015.
- How do India and Low income rank globally for broad money?
- India ranks 45th and Low income ranks 44th of 167 countries.
- 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.