China vs India: Net domestic credit
Net domestic credit over time
- China
- India
How they compare
China currently reports 353.25 trillion current LCU against 312.77 trillion current LCU in India, a difference of 40.48 trillion current LCU.
That makes China's figure about 1.1 times India's.
The two have swapped places 3 times across 48 shared years of data; in 1977 it was India ahead.
China ranks 8th and India ranks 10th of 186 countries.
Across the 6 decades both report, China averaged higher in 3 and India in 3.
Head to head by decade
| Decade | China | India | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 154.55 billion current LCU | 384.87 billion current LCU | 230.32 billion current LCU | India |
| 1980s | 647.75 billion current LCU | 1.37 trillion current LCU | 722.68 billion current LCU | India |
| 1990s | 5.42 trillion current LCU | 5.55 trillion current LCU | 129.45 billion current LCU | India |
| 2000s | 26.08 trillion current LCU | 23.41 trillion current LCU | 2.67 trillion current LCU | China |
| 2010s | 129.36 trillion current LCU | 106.15 trillion current LCU | 23.21 trillion current LCU | China |
| 2020s | 297.07 trillion current LCU | 224.18 trillion current LCU | 72.89 trillion current LCU | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net domestic credit, China or India?
- China, at 353.25 trillion current LCU against 312.77 trillion current LCU in India as of 2024.
- What is the difference in net domestic credit between China and India?
- 40.48 trillion current LCU, with China ahead.
- How many years of comparable data are there for China and India?
- 48 years are reported by both, from 1977 to 2024.
- How do China and India rank globally for net domestic credit?
- China ranks 8th and India ranks 10th of 186 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net domestic credit (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. 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.