Claims on private sector in India
India: Claims on private sector was 6.5% in 2022. ▼ Falling
Claims on private sector in India, 1961–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
India recorded 6.5% for claims on private sector in 2022.
Compared with earlier readings it is up 87.4% on the previous year and down 33.6% over ten years.
Over the whole period, claims on private sector in India peaked at 17.9% in 1976 and was at its lowest, -11.8%, in 2016.
That places India 61st out of 167 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 62 years of available data.
Claims on private sector in India, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 1961 | 5.3% | — |
| 1962 | 5.3% | -1.2% |
| 1963 | 6.7% | +27.8% |
| 1964 | 4.0% | -40.3% |
| 1965 | 6.3% | +55.3% |
| 1966 | 7.2% | +15.4% |
| 1967 | 5.7% | -21.3% |
| 1968 | 6.7% | +18.2% |
| 1969 | 8.2% | +22.9% |
| 1970 | 7.9% | -4.8% |
| 1971 | 10.0% | +27.4% |
| 1972 | 7.5% | -25.1% |
| 1973 | 12.3% | +64.5% |
| 1974 | 9.0% | -27.3% |
| 1975 | 13.7% | +52.5% |
| 1976 | 17.9% | +31.0% |
| 1977 | 9.1% | -49.1% |
| 1978 | 11.2% | +22.5% |
| 1979 | 10.0% | -10.7% |
| 1980 | 9.9% | -1.0% |
| 1981 | 12.7% | +29.1% |
| 1982 | 12.0% | -5.5% |
| 1983 | 11.0% | -8.6% |
| 1984 | 11.9% | +8.2% |
| 1985 | 9.0% | -24.5% |
| 1986 | 10.9% | +21.1% |
| 1987 | 7.3% | -32.8% |
| 1988 | 10.8% | +47.6% |
| 1989 | 12.4% | +14.8% |
| 1990 | 5.9% | -52.7% |
| 1991 | 5.8% | -0.2% |
| 1992 | 10.5% | +79.8% |
| 1993 | 6.2% | -41.2% |
| 1994 | 8.7% | +40.9% |
| 1995 | 6.0% | -31.0% |
| 1996 | 10.5% | +74.6% |
| 1997 | 6.0% | -42.5% |
| 1998 | 7.6% | +25.8% |
| 1999 | 9.9% | +30.5% |
| 2000 | 9.9% | +0.4% |
| 2001 | 4.8% | -51.7% |
| 2002 | 10.7% | +122.2% |
| 2003 | 5.0% | -53.2% |
| 2004 | 15.3% | +206.7% |
| 2005 | 14.7% | -4.1% |
| 2006 | 16.8% | +14.8% |
| 2007 | 13.1% | -22.3% |
| 2008 | 14.1% | +7.4% |
| 2009 | 7.8% | -44.8% |
| 2010 | 15.8% | +103.8% |
| 2011 | 10.5% | -33.7% |
| 2012 | 9.9% | -5.9% |
| 2013 | 9.5% | -3.9% |
| 2014 | 6.6% | -29.9% |
| 2015 | 6.9% | +4.5% |
| 2016 | -11.8% | -269.3% |
| 2017 | 5.6% | -147.7% |
| 2018 | 6.5% | +16.6% |
| 2019 | 3.1% | -52.3% |
| 2020 | 2.0% | -35.7% |
| 2021 | 3.5% | +74.2% |
| 2022 | 6.5% | +87.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.2% | 4.0% | 8.2% | 9 |
| 1970s | 10.8% | 7.5% | 17.9% | 10 |
| 1980s | 10.8% | 7.3% | 12.7% | 10 |
| 1990s | 7.7% | 5.8% | 10.5% | 10 |
| 2000s | 11.2% | 4.8% | 16.8% | 10 |
| 2010s | 6.3% | -11.8% | 15.8% | 10 |
| 2020s | 4.0% | 2.0% | 6.5% | 3 |
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 claims on private sector in India?
- Claims on private sector in India was 6.5% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on private sector recorded in India?
- The highest recorded value was 17.9% in 1976.
- What is the lowest claims on private sector recorded in India?
- The lowest recorded value was -11.8% in 2016.
- How does India rank for claims on private sector?
- India ranks 61st out of 167 countries with data for 2022.
- Is claims on private sector rising or falling in India?
- Over the last ten years it is down 33.6%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on private sector (annual growth as % of broad money). Statizoid updates them automatically from the source API.
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About this data
Claims on private sector include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator represents the annual percentage growth in the ratio of claims to broad money.