Quasi-Money (Depository Corporations Survey, Domestic currency), per in India

India: Quasi-Money (Depository Corporations Survey, Domestic currency), per was 45.31 units per US$ of GDP in 2021. ◆ Volatile

Latest (2021)
45.31 units per US$ of GDP
Change on year
down 7.5%
World rank
38th
of 158 countries
All-time high
48.96 units per US$ of GDP
in 2020
All-time low
0.2518 units per US$ of GDP
in 1964
Years of data
62
1960–2021

Quasi-Money (Depository Corporations Survey, Domestic currency), per in India, 1960–2021

01020304050196019902021

Source: Statizoid (derived). Measured in units per US$ of GDP.

Analysis

In 2021, quasi-money (depository corporations survey, domestic currency), per in India stood at 45.31 units per US$ of GDP.

Compared with earlier readings it is down 7.5% on the previous year and up 57.1% over ten years.

Over the whole period, quasi-money (depository corporations survey, domestic currency), per in India peaked at 48.96 units per US$ of GDP in 2020 and was at its lowest, 0.2518 units per US$ of GDP, in 1964.

India ranks 38th of 158 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Quasi-Money (Depository Corporations Survey, Domestic currency), per in India, year by year

Annual values for Quasi-Money (Depository Corporations Survey, Domestic currency), per unit of GDP in India, 1960 to 2021.
Year units per US$ of GDP Change
1960 0.3111 units per US$ of GDP
1961 0.2995 units per US$ of GDP -3.7%
1962 0.3062 units per US$ of GDP +2.2%
1963 0.2743 units per US$ of GDP -10.4%
1964 0.2518 units per US$ of GDP -8.2%
1965 0.2697 units per US$ of GDP +7.1%
1966 0.4142 units per US$ of GDP +53.6%
1967 0.4151 units per US$ of GDP +0.2%
1968 0.467 units per US$ of GDP +12.5%
1969 0.4951 units per US$ of GDP +6.0%
1970 0.5193 units per US$ of GDP +4.9%
1971 0.6036 units per US$ of GDP +16.3%
1972 0.6859 units per US$ of GDP +13.6%
1973 0.7072 units per US$ of GDP +3.1%
1974 0.7032 units per US$ of GDP -0.6%
1975 0.857 units per US$ of GDP +21.9%
1976 1.02 units per US$ of GDP +18.8%
1977 1.06 units per US$ of GDP +3.6%
1978 1.56 units per US$ of GDP +47.7%
1979 1.7 units per US$ of GDP +9.3%
1980 1.62 units per US$ of GDP -4.7%
1981 1.88 units per US$ of GDP +15.6%
1982 2.11 units per US$ of GDP +12.7%
1983 2.32 units per US$ of GDP +10.0%
1984 2.81 units per US$ of GDP +21.1%
1985 3.06 units per US$ of GDP +8.9%
1986 3.4 units per US$ of GDP +11.1%
1987 3.58 units per US$ of GDP +5.2%
1988 4.02 units per US$ of GDP +12.2%
1989 4.61 units per US$ of GDP +14.7%
1990 4.91 units per US$ of GDP +6.5%
1991 6.77 units per US$ of GDP +37.9%
1992 7.77 units per US$ of GDP +14.7%
1993 9.31 units per US$ of GDP +19.9%
1994 9.27 units per US$ of GDP -0.5%
1995 9.34 units per US$ of GDP +0.8%
1996 10.4 units per US$ of GDP +11.3%
1997 11.82 units per US$ of GDP +13.7%
1998 14.15 units per US$ of GDP +19.8%
1999 15.24 units per US$ of GDP +7.7%
2000 17.5 units per US$ of GDP +14.8%
2001 19.62 units per US$ of GDP +12.1%
2002 21.91 units per US$ of GDP +11.7%
2003 20.76 units per US$ of GDP -5.3%
2004 20.49 units per US$ of GDP -1.3%
2005 20.23 units per US$ of GDP -1.3%
2006 21.65 units per US$ of GDP +7.1%
2007 20.97 units per US$ of GDP -3.2%
2008 26.39 units per US$ of GDP +25.8%
2009 27.83 units per US$ of GDP +5.5%
2010 26.3 units per US$ of GDP -5.5%
2011 28.85 units per US$ of GDP +9.7%
2012 32.34 units per US$ of GDP +12.1%
2013 37.01 units per US$ of GDP +14.5%
2014 37.3 units per US$ of GDP +0.8%
2015 39.8 units per US$ of GDP +6.7%
2016 41.49 units per US$ of GDP +4.3%
2017 37.11 units per US$ of GDP -10.6%
2018 39.77 units per US$ of GDP +7.2%
2019 41.78 units per US$ of GDP +5.1%
2020 48.96 units per US$ of GDP +17.2%
2021 45.31 units per US$ of GDP -7.5%

India compared with similar countries

  • India's 45.31 units per US$ of GDP is above the median for lower middle income countries, which is 13.36 units per US$ of GDP, 3.4× the median. (43 countries reporting)
  • India's 45.31 units per US$ of GDP is above the median for South Asia, which is 29.4 units per US$ of GDP, 1.5× the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.3504 units per US$ of GDP 0.2518 units per US$ of GDP 0.4951 units per US$ of GDP 10
1970s 0.941 units per US$ of GDP 0.5193 units per US$ of GDP 1.7 units per US$ of GDP 10
1980s 2.94 units per US$ of GDP 1.62 units per US$ of GDP 4.61 units per US$ of GDP 10
1990s 9.9 units per US$ of GDP 4.91 units per US$ of GDP 15.24 units per US$ of GDP 10
2000s 21.74 units per US$ of GDP 17.5 units per US$ of GDP 27.83 units per US$ of GDP 10
2010s 36.17 units per US$ of GDP 26.3 units per US$ of GDP 41.78 units per US$ of GDP 10
2020s 47.13 units per US$ of GDP 45.31 units per US$ of GDP 48.96 units per US$ of GDP 2

Countries ranked near India

  1. 35 Iceland 52.67 units per US$ of GDP compare
  2. 36 Iraq 48.22 units per US$ of GDP compare
  3. 37 Yemen 47.03 units per US$ of GDP compare
  4. 39 Sri Lanka 45.26 units per US$ of GDP compare
  5. 40 Mali 44.17 units per US$ of GDP compare
  6. 41 Rwanda 42.18 units per US$ of GDP compare

See the full ranking of 158 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is quasi-money (depository corporations survey, domestic currency), per in India?
Quasi-money (depository corporations survey, domestic currency), per in India was 45.31 units per US$ of GDP in 2021, according to Statizoid (derived).
What is the highest quasi-money (depository corporations survey, domestic currency), per recorded in India?
The highest recorded value was 48.96 units per US$ of GDP in 2020.
What is the lowest quasi-money (depository corporations survey, domestic currency), per recorded in India?
The lowest recorded value was 0.2518 units per US$ of GDP in 1964.
How does India rank for quasi-money (depository corporations survey, domestic currency), per?
India ranks 38th out of 158 countries with data for 2021.
Is quasi-money (depository corporations survey, domestic currency), per rising or falling in India?
Over the last ten years it is up 57.1%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Statizoid (derived), published as part of Quasi-Money (Depository Corporations Survey, Domestic currency), per unit of GDP. Statizoid updates them automatically from the source API.

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Quasi-Money (Depository Corporations Survey, Domestic currency), per in India. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/stat/quasi-money-depository-corporations-survey-domestic-currency-per-unit-of-gdp/india/

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How this figure is calculated

Quasi-Money (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Quasi-Money (Depository Corporations Survey, Domestic currency) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Quasi-Money (Depository Corporations Survey, Domestic currency), per unit of GDP
Unit
units per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
158 places, 6,132 data points, 1960–2024
Last refreshed

Quasi-Money (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.