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Comparing Countries

DV Cash (Cash in Circulation) · Last updated Jun 02, 2026

Comparison View

The country comparison page (/cash/compare/) lets you put multiple countries side by side on a single indexed chart. Reach it from Cash → Compare Countries in the navigation, or from the button on the dashboard. To use it:

  1. Tick the countries you want to include from the country picker
  2. Choose your metric: value or volume
  3. Choose the type: total, notes only, or coins only
  4. Pick a base year for indexing (defaults to the earliest common year)

Indexed Comparison

To make countries comparable regardless of economy size or currency, the chart uses an index with the base year set to 100. A value of 150 means that country’s cash in circulation is 50% higher than it was in the base year; 80 means it has contracted by 20%. This makes structural trends directly comparable across countries of any size.

Common Year Range

The chart automatically uses the year range that all selected countries share, so the comparison is always like-for-like. Adding a country with a shorter history will shorten the visible range; removing it will expand it again.

CAGR Summary Table

Alongside the chart, a CAGR summary table shows the compound annual growth rate for each selected country from the base year to its latest available data point.

Data Table

Toggle the Data Table to view the underlying numbers in three modes:

  • Raw Value — Actual figures in the source’s units (millions or billions)
  • Indexed (base = 100) — The same displacement index shown in the chart
  • YoY % — Year-on-year percentage change, colour-coded green/red

Excel Export

Enterprise-tier users can download an Excel file containing all three table views as separate sheets, plus CAGR rows on the raw value sheet.

Use Cases

  • Comparing the impact of demonetisation events across regions
  • Tracking the shift away from cash in one country relative to its neighbours
  • Spotting countries where coin circulation is shrinking faster than note circulation
  • Benchmarking a country’s post-pandemic cash recovery against peers