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South Asia: Growth Rates Of Money Supply (M2) (a) (% per annum)
Region / Country |
1981 – 90 (b) |
1991 – 97 (c) |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 (d) |
1999 (d) |
Bangladesh |
20.3 |
12.5 |
16.9 |
12.1 |
14.1 |
10.6 |
15.4 |
16.0 |
8.2 |
10.8 |
12.0 |
12.5 |
|
Bhutan |
17.7 |
20.8 |
10.5 |
29.6 |
-2.3 |
16.2 |
21.5 |
29.9 |
30.4 |
20.0 |
- |
- |
|
India (e) |
16.3 |
17.4 |
14.9 |
19.3 |
15.7 |
18.4 |
22.3 |
13.7 |
15.9 |
16.5 |
16.7 |
15.0 |
|
Maldives |
37.2 |
22.6 |
35.6 |
24.9 |
12.9 |
36.4 |
24.2 |
15.6 |
24.0 |
20.0 |
- |
- |
|
Nepal |
20.1 |
18.4 |
18.6 |
19.5 |
21.1 |
27.7 |
19.6 |
16.1 |
14.4 |
10.7 |
12.0 |
12.0 |
|
Pakistan |
12.7 |
18.0 |
12.6 |
16.3 |
-30.3 |
18.0 |
16.9 |
16.6 |
14.9 |
13.1 |
14.2 |
15.0 |
|
Sri Lanka |
16.6 |
18.1 |
19.1 |
21.5 |
17.4 |
23.4 |
19.7 |
19.2 |
10.8 |
14.7 |
14.0 |
13.0 |
Note : (a) =
M2 is defined as M1 the sum currently in circulation and demand deposits
with deposit money banks – plus quasi money. Data for
M2 are obtained from country sources
(b) = Simple average
for the period 1981-90
(c) = Simple
Average for the period 1991-97
(d) = Reported
figures for 1998 & 1999 are projected estimates
(e) = For
India M3 is used for liquidity
- = Data not available
Source : ADB, “Asian Development Outlook’, Various Issues. SAARC
Survey Of Development & Co-operation : 1998/99, RISNODC, New Delhi
1999.