India - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in India was 54.80 as of 2020. Its highest value over the past 60 years was 54.80 in 2020, while its lowest value was 7.84 in 1960.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

• Thematic map
• Country comparison
• Country ranking
• More details
• Download data to Excel

Year	Value
1960	7.84
1961	8.52
1962	8.98
1963	9.11
1964	8.54
1965	9.27
1966	9.52
1967	9.12
1968	9.82
1969	10.40
1970	11.24
1971	12.49
1972	12.92
1973	13.09
1974	12.91
1975	14.93
1976	17.89
1977	18.04
1978	19.70
1979	20.96
1980	20.54
1981	21.23
1982	22.69
1983	22.89
1984	24.28
1985	24.56
1986	25.80
1987	25.38
1988	25.28
1989	26.59
1990	24.92
1991	23.82
1992	24.70
1993	23.83
1994	23.65
1995	22.51
1996	23.40
1997	23.56
1998	23.68
1999	25.42
2000	28.34
2001	28.62
2002	32.31
2003	31.63
2004	36.19
2005	40.07
2006	43.63
2007	45.63
2008	49.56
2009	48.12
2010	50.56
2011	51.29
2012	51.89
2013	52.39
2014	51.88
2015	51.87
2016	49.10
2017	48.79
2018	50.37
2019	50.13
2020	54.80

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in India was 54.80 as of 2020. Its highest value over the past 60 years was 54.80 in 2020, while its lowest value was 7.84 in 1960.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

• Thematic map
• Country comparison
• Country ranking
• More details
• Download data to Excel

Year	Value
1960	7.84
1961	8.52
1962	8.98
1963	9.11
1964	8.54
1965	9.27
1966	9.52
1967	9.12
1968	9.82
1969	10.40
1970	11.24
1971	12.49
1972	12.92
1973	13.09
1974	12.91
1975	14.93
1976	17.89
1977	18.04
1978	19.70
1979	20.96
1980	20.54
1981	21.23
1982	22.69
1983	22.89
1984	24.28
1985	24.56
1986	25.80
1987	25.38
1988	25.28
1989	26.59
1990	24.92
1991	23.82
1992	24.70
1993	23.83
1994	23.65
1995	22.51
1996	23.40
1997	23.56
1998	23.68
1999	25.42
2000	28.34
2001	28.62
2002	32.31
2003	31.63
2004	36.19
2005	40.07
2006	43.63
2007	45.63
2008	49.56
2009	48.12
2010	50.56
2011	51.29
2012	51.89
2013	52.39
2014	51.88
2015	51.87
2016	49.10
2017	48.79
2018	50.37
2019	50.13
2020	54.80

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets