India: Money supply (broad money)

* indicates monthly or quarterly data series
 India

Money supply, billion currency units

 Latest value 233623.01
 Reference September 2023
 Measure billion Indian Rupee
 Data availability May 1998 - September 2023
 Average 80557.19
 Min - Max 8476.97 - 234233.6
 Source Reserve Bank of India
For that indicator, we provide data for India from May 1998 to September 2023. The average value for India during that period was 80557.19 billion Indian Rupee with a minimum of 8476.97 billion Indian Rupee in May 1998 and a maximum of 234233.6 billion Indian Rupee in June 2023. Click on the following link to see the values of Money supply, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
India - Money supply (broad money) - recent values

Historical chart
India - Money supply (broad money) - historical chart - 1998-2023
Measure: billion Indian Rupee
Source: Reserve Bank of India


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Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.

 Related indicators Latest value Reference Measure
 Inflation 6.7 2022 percent
 Money supply (broad money) 233,623.01 9/2023 billion
 Consumer Price Index (CPI) 184.1000 9/2023 index points
 Inflation, monthly -1.13 9/2023 percent
 Inflation, annual 5.02 9/2023 percent
 Private sector credit 141,525.00 9/2023 billion
 Business credit 93,256.67 9/2023 billion
 Household credit 48,268.33 9/2023 billion
 Mortgage credit 24,766.97 9/2023 billion
 Consumer credit 23,501.36 9/2023 billion
 Deposit interest rate 6.70 9/2023 percent
 Policy rate 6.50 9/2023 percent
 Household debt to GDP 35.60 9/2022 percent
 Debt service ratios for private non-financial sector 9.50 Q3/2022 percent
 USD exchange rate 83.0799 9/2023 Local Currency Units per USD
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