Bank net interest margin in India

India: Bank net interest margin was 3.2% in 2021. ▼ Falling

Latest (2021)
3.2%
Change on year
down 8.0%
World rank
78th
of 165 countries
All-time high
3.7%
in 2004
All-time low
2.7%
in 2009
Years of data
22
2000–2021

Bank net interest margin in India, 2000–2021

012342000201020212000: 3.3 %2001: 3.4 %2002: 3 %2003: 3.3 %2004: 3.7 %2005: 3.5 %2006: 3.4 %2007: 3.3 %2008: 3.1 %2009: 2.7 %2010: 3.1 %2011: 3.3 %2012: 3.1 %2013: 3 %2014: 2.9 %2015: 2.8 %2016: 2.8 %2017: 2.9 %2018: 2.9 %2019: 3 %2020: 3.5 %2021: 3.2 %

Source: Bankscope, Bureau van Dijk (BvD). Measured in %.

Analysis

India recorded 3.2% for bank net interest margin in 2021.

The figure is down 8.0% on the previous year and down 5.0% over ten years.

Over the whole period, bank net interest margin in India peaked at 3.7% in 2004 and was at its lowest, 2.7%, in 2009.

India ranks 78th of 165 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.3% 2.7% 3.7% 10
2010s 3.0% 2.8% 3.3% 10
2020s 3.3% 3.2% 3.5% 2

Countries ranked near India

  1. 75 Bosnia and Herzegovina 3.3% compare
  2. 76 Pakistan 3.3% compare
  3. 77 Nepal 3.2% compare
  4. 79 Panama 3.2% compare
  5. 80 Benin 3.1% compare
  6. 81 Cameroon 3.1% compare

See the full ranking of 165 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is bank net interest margin in India?
Bank net interest margin in India was 3.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank net interest margin recorded in India?
The highest recorded value was 3.7% in 2004.
What is the lowest bank net interest margin recorded in India?
The lowest recorded value was 2.7% in 2009.
How does India rank for bank net interest margin?
India ranks 78th out of 165 countries with data for 2021.
Is bank net interest margin rising or falling in India?
Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
Where does this India data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank net interest margin (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
165 places, 3,147 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.