Bank Z-score in India
India: Bank Z-score was 19.44 in 2021. ▲ Rising
Bank Z-score in India, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
The most recent figure for bank z-score in India is 19.44, measured in 2021. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 2.3% on the previous year and up 15.1% over ten years.
Over the whole period, bank z-score in India peaked at 19.44 in 2021 and was at its lowest, 11.69, in 2001.
India ranks 55th of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Bank Z-score in India, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 12.89 | — |
| 2001 | 11.69 | -9.3% |
| 2002 | 11.74 | +0.4% |
| 2003 | 13.11 | +11.7% |
| 2004 | 14.39 | +9.8% |
| 2005 | 14.56 | +1.2% |
| 2006 | 15.47 | +6.2% |
| 2007 | 14.91 | -3.6% |
| 2008 | 17.39 | +16.7% |
| 2009 | 16.65 | -4.2% |
| 2010 | 17.18 | +3.2% |
| 2011 | 16.89 | -1.7% |
| 2012 | 17.02 | +0.8% |
| 2013 | 17.17 | +0.9% |
| 2014 | 16.45 | -4.2% |
| 2015 | 16.18 | -1.6% |
| 2016 | 17.14 | +5.9% |
| 2017 | 15.45 | -9.9% |
| 2018 | 16.49 | +6.7% |
| 2019 | 17.57 | +6.5% |
| 2020 | 19 | +8.2% |
| 2021 | 19.44 | +2.3% |
India compared with similar countries
- India's 19.44 is above the median for lower middle income countries, which is 16.4, 1.2× the median. (38 countries reporting)
- India's 19.44 is above the median for South Asia, which is 17.11, 1.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.28 | 11.69 | 17.39 | 10 |
| 2010s | 16.75 | 15.45 | 17.57 | 10 |
| 2020s | 19.22 | 19 | 19.44 | 2 |
Countries ranked near India
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is bank z-score in India?
- Bank z-score in India was 19.44 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in India?
- The highest recorded value was 19.44 in 2021.
- What is the lowest bank z-score recorded in India?
- The lowest recorded value was 11.69 in 2001.
- How does India rank for bank z-score?
- India ranks 55th out of 170 countries with data for 2021.
- Is bank z-score rising or falling in India?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.