India - Liquid liabilities (M3) as % of GDP

Liquid liabilities (M3) as % of GDP in India was at 43.01 % in 1991, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 india liquid liabilities m3 as percent of gdp wb data




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Liquid liabilities are also known as broad money, or M3. They are the sum of currency and deposits in the central bank (M0), plus transferable deposits and electronic currency (M1), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements (M2), plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents.


India | Financial Sector

Net domestic credit (current LCU)
104130600858593 LCU
Broad money (current LCU)
107437019361400 LCU
Quasi money (current LCU)
76055900000000 LCU
H-statistic
0.607 %
Lerner index
0.2329 %
Boone indicator
-0.0949 %
Bank Z-score
9.27 %