Value of mobile money transactions as a share of GDP India FY 2014-2022

Published by Sandhya Keelery, Aug 30, 2024
In the financial year 2022, the value of mobile money transactions was approximately 0.81 percent of the GDP, compared to approximately 0.02 percent of the GDP in 2014 in India. There was an increase in the value of mobile money transactions each year from 2014 until the financial year 2021 which witnessed a decline. The general growth in the value of mobile money transactions can be attributed to digitalization.

Value of mobile money transactions as a share of the gross domestic product (GDP) in India from financial year 2014 to 2022

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Release date

August 2023

Region

India

Survey time period

FY 2014 to FY 2022

Supplementary notes

Note: India's financial year begins in April and ends in March. For example, FY 2019 started in April 2018 and ended in March 2019.

Figures have been rounded.

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