Money Supply (M1) from 2001 to 2015

The total stock of money circulating in an economy is the money supply. The circulating money involves the currency, printed notes, money in the deposit accounts and in the form of other liquid assets. Money Supply (M1) includes Currency with public; Demand deposit in all banks (e.g. current account, savings account); and Other deposits with RBI.

The Money Supply (M1) was Rs. 3794.3 billions during the year 2001. The Money Supply (M1) was Rs. 4228.2 billions during the year 2002. It increased by Rs. 433.9 billions as compared to the year 2001. In percentage terms, the growth was 11.44% during the period. The Money Supply (M1) was Rs. 6497.7 billions during the year 2005. It increased by Rs. 710.8 billions as compared to the year 2004. In percentage terms, the growth was 12.28% during the period.

The Money Supply (M1) was Rs. 14892.7 billions during the year 2010. It increased by Rs. 2296 billions as compared to the year 2009. In percentage terms, the growth was 18.23% during the period. The Money Supply (M1) was Rs. 16383.5 billions during the year 2011. It increased by Rs. 1490.8 billions as compared to the year 2010. In percentage terms, the growth was 10.01% during the period. The Money Supply (M1) was Rs. 17373.9 billions during the year 2012. It increased by Rs. 990.4 billions as compared to the year 2011. In percentage terms, the growth was 6.05% during the period. The Money Supply (M1) was Rs. 18975.3 billions during the year 2013. It increased by Rs. 1601.4 billions as compared to the year 2012. In percentage terms, the growth was 9.22% during the period. The Money Supply (M1) was Rs. 20547 billions during the year 2014. It increased by Rs. 1571.7 billions as compared to the year 2013. In percentage terms, the growth was 8.28% during the period. The Money Supply (M1) was Rs. 22916.8 billions during the year 2015. It increased by Rs. 2369.8 billions as compared to the year 2014. In percentage terms, the growth was 11.53% during the period.

The maximum annual growth in Money Supply (M1) of Rs. 2369.8 billions was recorded during the year 2015. The maximum annual growth in percentage terms in Money Supply (M1) of 27.18% was recorded during the year 2006.

Note: Amount figures are in Rs. Billion and as on 31st March; Banks include commercial and co-operative banks; Original Source: Reserve Bank of India and also published in statistical year book 2016 by MOSPI.