M2 Index.THE WORLD MONEY SUPPLY MONITOR UTC▮

INDIA

BROAD MONEY SUPPLY (M2)
India · 1960–2026-08Shape only · log height · no value scale

As of 2026-08, India's broad money supply stands at 331.79T XDC (about $3.81T) — growing 10.4% per year over the last 10y and doubling every 7.01Y.

Broad money in India: the full series

175 observations run from 1960 to 2026-08, reported monthly. The series is IMF MFS_DC/DCORP_L_BM, extended backwards with World Bank annual 1960–2015. The chart shows values in Domestic currency; the latest USD equivalent is shown separately, using the World Bank period-average exchange rate for the observation year.

1960Hover or tap · focus and use ← →2026-08

2026-08 · 331.79T XDC

Show the data as a table
India broad money, 1960–2026-08, XDC
PeriodValue
2026-08331.79T XDC
2026-07322.36T XDC
2026-06318.52T XDC
2026-05313.21T XDC
2026-04311.23T XDC
2026-03314.12T XDC
2026-02302.60T XDC
2026-01298.65T XDC
2025-12297.59T XDC
2025-11290.97T XDC
2025-10289.58T XDC
2025-09283.11T XDC
2025-08282.69T XDC
2025-07281.02T XDC
2025-06281.93T XDC
2025-05279.53T XDC
2025-04276.04T XDC
2025-03272.45T XDC
2025-02268.77T XDC
2025-01266.59T XDC
2024-12265.44T XDC
2024-11264.82T XDC
2024-10262.69T XDC
2024-09259.12T XDC
2024-08257.30T XDC
2024-07256.39T XDC
2024-06257.57T XDC
2024-05255.76T XDC
2024-04252.26T XDC
2024-03249.09T XDC
2024-02245.74T XDC
2024-01243.85T XDC
2023-12243.45T XDC
2023-11239.03T XDC
2023-10237.09T XDC
2023-09234.61T XDC
2023-08234.41T XDC
2023-07233.79T XDC
2023-06233.94T XDC
2023-05227.00T XDC

The latest 40 observations. The chart shows the full available history in XDC.

How fast is money growing in India?

10.4% a year over 10y, against a world median of 9.2% — faster than median. At that pace the stock doubles every 7.01Y. The last twelve months ran 17.4%, measured to 2026-08.

GROWTH, LAST 12M
▲ 17.4%
YEAR-ON-YEAR CHANGE TO 2026-08
AVG GROWTH, 10Y
▲ 10.4%
FASTER THAN MEDIAN · WORLD MEDIAN 9.2%/YR
DOUBLING TIME
7.01Y
AT THE 10Y PACE
Where the world sits — 160 economies by broad-money growth, bands in % a year. The median is 9.2%; the biggest band is 5–10% with 70 economies. India is in the 10–15% band.
2<0240–5705–103810–151115–20920–30230–50450+
band containing the median (9.2%) this economy% a year, averaged over each economy's own window
Show the distribution as a table
Growth band, % a yearEconomies
<02
0–524
5–1070
10–1538
15–2011
20–309
30–502
50+4

Where India ranks

#7 of 159 by size, #58 of 160 by growth rate. Rank by size answers how much money exists; rank by speed answers how fast it is being created. They are different questions and this page keeps them apart.

RANK BY SIZE — #07 OF 159
06Canada$3.82T
07India$3.81T
08South Korea$3.14T
RANK BY SPEED — #58 OF 160
57Syria10.5%/YR
58India10.4%/YR
59Kosovo10.4%/YR
[ INDIA VS CHINA ][ INDIA VS UNITED STATES ][ INDIA VS EURO AREA ][ FULL RANKING ][ METHODOLOGY ]
SPECSM2 / IND
INDICATOR
VALUE
VALUE (USD)
UNIT
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FREQUENCY
OBSERVATION
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SOURCE
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FULL HISTORY — 66Y
19602026-08
CITE: "India broad money, 2026-08 — 331.79T XDC. m2index.com, data IMF MFS_DC/DCORP_L_BM."