Net acquisition of financial assets in India
India: Net acquisition of financial assets was 3.89 trillion current LCU in 2022. ◆ Volatile
Net acquisition of financial assets in India, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, net acquisition of financial assets in India stood at 3.89 trillion current LCU. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 447.3% over ten years.
Over the whole period, net acquisition of financial assets in India peaked at 3.89 trillion current LCU in 2022 and was at its lowest, -192.28 billion current LCU, in 2008.
India ranks 8th of 134 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.24 billion current LCU | 22.92 billion current LCU | 51.77 billion current LCU | 6 |
| 1980s | 139.42 billion current LCU | 73.87 billion current LCU | 226.35 billion current LCU | 10 |
| 1990s | 304.24 billion current LCU | 209.61 billion current LCU | 400.45 billion current LCU | 10 |
| 2000s | 281.24 billion current LCU | -192.28 billion current LCU | 874.45 billion current LCU | 10 |
| 2010s | 1.05 trillion current LCU | 673.90 billion current LCU | 1.49 trillion current LCU | 9 |
| 2020s | 3.89 trillion current LCU | 3.89 trillion current LCU | 3.89 trillion current LCU | 1 |
Countries ranked near India
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Tax revenue 6.9% (2022)
- Taxes on income, profits and capital gains 34.8% (2022)
- Taxes on goods and services 32.6% (2022)
- Net investment in nonfinancial assets 0.9% (2022)
- Net lending (+) / net borrowing (-) -5.3% (2022)
- Interest payments 34.0% (2022)
- Grants and other revenue 26.0% (2022)
- Interest payments 23.2% (2022)
- Other taxes 1.0% (2022)
Frequently asked questions
- What is net acquisition of financial assets in India?
- Net acquisition of financial assets in India was 3.89 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in India?
- The highest recorded value was 3.89 trillion current LCU in 2022.
- What is the lowest net acquisition of financial assets recorded in India?
- The lowest recorded value was -192.28 billion current LCU in 2008.
- How does India rank for net acquisition of financial assets?
- India ranks 8th out of 134 countries with data for 2022.
- Is net acquisition of financial assets rising or falling in India?
- Over the last ten years it is up 447.3%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.