Quasi-Money (Depository Corporations Survey, Domestic currency) in India
India: Quasi-Money (Depository Corporations Survey, Domestic currency) was 143.50 trillion in 2021. ◆ Volatile
Quasi-Money in India, 1960–2021
Source: International Monetary Fund.
Analysis
India recorded 143.50 trillion for quasi-money in 2021. That is the highest value across all 62 years on record.
That represents a change of up 9.6% on the previous year and up 172.9% over ten years.
Over the whole period, quasi-money in India peaked at 143.50 trillion in 2021 and was at its lowest, 11.52 billion, in 1960.
That places India 9th out of 162 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Quasi-Money (Depository Corporations Survey, Domestic currency) in India, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 11.52 billion | — |
| 1961 | 11.75 billion | +2.0% |
| 1962 | 12.91 billion | +9.9% |
| 1963 | 13.28 billion | +2.9% |
| 1964 | 14.22 billion | +7.1% |
| 1965 | 16.06 billion | +12.9% |
| 1966 | 18.88 billion | +17.6% |
| 1967 | 20.81 billion | +10.2% |
| 1968 | 24.79 billion | +19.1% |
| 1969 | 28.94 billion | +16.7% |
| 1970 | 32.41 billion | +12.0% |
| 1971 | 40.66 billion | +25.4% |
| 1972 | 49.02 billion | +20.6% |
| 1973 | 60.48 billion | +23.4% |
| 1974 | 69.98 billion | +15.7% |
| 1975 | 84.39 billion | +20.6% |
| 1976 | 104.58 billion | +23.9% |
| 1977 | 128.17 billion | +22.6% |
| 1978 | 213.91 billion | +66.9% |
| 1979 | 260.49 billion | +21.8% |
| 1980 | 302.29 billion | +16.0% |
| 1981 | 362.86 billion | +20.0% |
| 1982 | 424.04 billion | +16.9% |
| 1983 | 507.03 billion | +19.6% |
| 1984 | 596.68 billion | +17.7% |
| 1985 | 712.30 billion | +19.4% |
| 1986 | 847.68 billion | +19.0% |
| 1987 | 999.61 billion | +17.9% |
| 1988 | 1.19 trillion | +19.3% |
| 1989 | 1.37 trillion | +14.5% |
| 1990 | 1.58 trillion | +15.5% |
| 1991 | 1.83 trillion | +16.0% |
| 1992 | 2.24 trillion | +22.4% |
| 1993 | 2.60 trillion | +16.2% |
| 1994 | 3.03 trillion | +16.6% |
| 1995 | 3.37 trillion | +10.9% |
| 1996 | 4.08 trillion | +21.3% |
| 1997 | 4.91 trillion | +20.3% |
| 1998 | 5.96 trillion | +21.3% |
| 1999 | 6.99 trillion | +17.2% |
| 2000 | 8.20 trillion | +17.2% |
| 2001 | 9.52 trillion | +16.2% |
| 2002 | 11.28 trillion | +18.5% |
| 2003 | 12.62 trillion | +11.8% |
| 2004 | 14.53 trillion | +15.1% |
| 2005 | 16.59 trillion | +14.2% |
| 2006 | 20.36 trillion | +22.7% |
| 2007 | 25.52 trillion | +25.3% |
| 2008 | 31.63 trillion | +24.0% |
| 2009 | 37.35 trillion | +18.1% |
| 2010 | 44.06 trillion | +18.0% |
| 2011 | 52.59 trillion | +19.4% |
| 2012 | 59.10 trillion | +12.4% |
| 2013 | 68.72 trillion | +16.3% |
| 2014 | 76.06 trillion | +10.7% |
| 2015 | 83.72 trillion | +10.1% |
| 2016 | 95.21 trillion | +13.7% |
| 2017 | 98.38 trillion | +3.3% |
| 2018 | 107.49 trillion | +9.3% |
| 2019 | 118.48 trillion | +10.2% |
| 2020 | 130.96 trillion | +10.5% |
| 2021 | 143.50 trillion | +9.6% |
India compared with similar countries
- India's 143.50 trillion is above the median for lower middle income countries, which is 379.29 billion, 378.3× the median. (43 countries reporting)
- India's 143.50 trillion is above the median for South Asia, which is 1.50 trillion, 95.8× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Quasi-Money (Depository Corporations Survey, Domestic currency) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +66.9% | 128.17 billion | 213.91 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.32 billion | 11.52 billion | 28.94 billion | 10 |
| 1970s | 104.41 billion | 32.41 billion | 260.49 billion | 10 |
| 1980s | 730.98 billion | 302.29 billion | 1.37 trillion | 10 |
| 1990s | 3.66 trillion | 1.58 trillion | 6.99 trillion | 10 |
| 2000s | 18.76 trillion | 8.20 trillion | 37.35 trillion | 10 |
| 2010s | 80.38 trillion | 44.06 trillion | 118.48 trillion | 10 |
| 2020s | 137.23 trillion | 130.96 trillion | 143.50 trillion | 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 quasi-money in India?
- Quasi-money in India was 143.50 trillion in 2021, according to International Monetary Fund.
- What is the highest quasi-money recorded in India?
- The highest recorded value was 143.50 trillion in 2021.
- What is the lowest quasi-money recorded in India?
- The lowest recorded value was 11.52 billion in 1960.
- How does India rank for quasi-money?
- India ranks 9th out of 162 countries with data for 2021.
- Is quasi-money rising or falling in India?
- Over the last ten years it is up 172.9%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Quasi-Money (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.