Liquid liabilities to GDP (%) in India
India: Liquid liabilities to GDP (%) was 84.9% in 2021. ▲ Rising
Liquid liabilities to GDP in India, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, liquid liabilities to gdp in India stood at 84.9%.
The figure is down 6.4% on the previous year and up 5.6% over ten years.
Over the whole period, liquid liabilities to gdp in India peaked at 90.7% in 2020 and was at its lowest, 19.1%, in 1967.
India ranks 64th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Liquid liabilities to GDP (%) in India, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 22.1% | — |
| 1961 | 21.5% | -2.6% |
| 1962 | 21.9% | +2.0% |
| 1963 | 21.1% | -3.7% |
| 1964 | 19.8% | -6.2% |
| 1965 | 20.8% | +5.2% |
| 1966 | 20.5% | -1.8% |
| 1967 | 19.1% | -6.6% |
| 1968 | 19.8% | +3.4% |
| 1969 | 20.4% | +3.1% |
| 1970 | 21.4% | +4.9% |
| 1971 | 23.4% | +9.3% |
| 1972 | 24.5% | +4.7% |
| 1973 | 24.0% | -1.8% |
| 1974 | 22.8% | -4.9% |
| 1975 | 24.3% | +6.2% |
| 1976 | 28.0% | +15.5% |
| 1977 | 29.5% | +5.2% |
| 1978 | 33.0% | +11.9% |
| 1979 | 35.4% | +7.3% |
| 1980 | 34.5% | -2.6% |
| 1981 | 34.5% | -0.0% |
| 1982 | 36.1% | +4.8% |
| 1983 | 36.2% | +0.4% |
| 1984 | 38.2% | +5.3% |
| 1985 | 39.5% | +3.6% |
| 1986 | 41.7% | +5.4% |
| 1987 | 42.6% | +2.3% |
| 1988 | 42.5% | -0.3% |
| 1989 | 42.8% | +0.7% |
| 1990 | 42.2% | -1.5% |
| 1991 | 43.4% | +2.9% |
| 1992 | 44.1% | +1.7% |
| 1993 | 44.9% | +1.7% |
| 1994 | 46.0% | +2.5% |
| 1995 | 43.5% | -5.4% |
| 1996 | 44.7% | +2.6% |
| 1997 | 47.5% | +6.2% |
| 1998 | 48.9% | +3.0% |
| 1999 | 51.1% | +4.4% |
| 2000 | 54.6% | +7.0% |
| 2001 | 57.7% | +5.7% |
| 2002 | 62.6% | +8.5% |
| 2003 | 63.2% | +0.9% |
| 2004 | 64.6% | +2.3% |
| 2005 | 68.1% | +5.4% |
| 2006 | 71.5% | +5.0% |
| 2007 | 75.1% | +5.0% |
| 2008 | 78.2% | +4.1% |
| 2009 | 84.1% | +7.5% |
| 2010 | 81.3% | -3.3% |
| 2011 | 80.4% | -1.1% |
| 2012 | 79.4% | -1.3% |
| 2013 | 80.6% | +1.5% |
| 2014 | 79.5% | -1.3% |
| 2015 | 80.2% | +0.9% |
| 2016 | 76.7% | -4.4% |
| 2017 | 76.2% | -0.6% |
| 2018 | 75.0% | -1.6% |
| 2019 | 78.4% | +4.6% |
| 2020 | 90.7% | +15.7% |
| 2021 | 84.9% | -6.4% |
India compared with similar countries
- India's 84.9% is above the median for lower middle income countries, which is 39.9%, 2.1× the median. (46 countries reporting)
- India's 84.9% is above the median for South Asia, which is 74.5%, 1.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.7% | 19.1% | 22.1% | 10 |
| 1970s | 26.6% | 21.4% | 35.4% | 10 |
| 1980s | 38.9% | 34.5% | 42.8% | 10 |
| 1990s | 45.6% | 42.2% | 51.1% | 10 |
| 2000s | 68.0% | 54.6% | 84.1% | 10 |
| 2010s | 78.8% | 75.0% | 81.3% | 10 |
| 2020s | 87.8% | 84.9% | 90.7% | 2 |
Countries ranked near India
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is liquid liabilities to gdp in India?
- Liquid liabilities to gdp in India was 84.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in India?
- The highest recorded value was 90.7% in 2020.
- What is the lowest liquid liabilities to gdp recorded in India?
- The lowest recorded value was 19.1% in 1967.
- How does India rank for liquid liabilities to gdp?
- India ranks 64th out of 186 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in India?
- Over the last ten years it is up 5.6%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.