Credit to government and state-owned enterprises to GDP in India
India: Credit to government and state-owned enterprises to GDP was 22.8% in 2020. ▲ Rising
Credit to government and state-owned enterprises to GDP in India, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for credit to government and state-owned enterprises to gdp in India is 22.8%, measured in 2020.
Compared with earlier readings it is up 22.0% on the previous year and up 20.5% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in India peaked at 23.6% in 2016 and was at its lowest, 6.0%, in 1982.
That places India 35th out of 178 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Credit to government and state-owned enterprises to GDP in India, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 6.4% | — |
| 1981 | 6.1% | -4.4% |
| 1982 | 6.0% | -1.5% |
| 1983 | 6.7% | +11.5% |
| 1984 | 7.6% | +13.2% |
| 1985 | 6.9% | -8.8% |
| 1986 | 7.8% | +12.8% |
| 1987 | 8.6% | +10.7% |
| 1988 | 8.7% | +0.1% |
| 1989 | 8.7% | +0.4% |
| 1990 | 8.9% | +3.0% |
| 1991 | 9.5% | +5.7% |
| 1992 | 10.1% | +7.3% |
| 1993 | 10.7% | +5.3% |
| 1994 | 12.1% | +13.1% |
| 1995 | 10.9% | -10.0% |
| 1996 | 11.2% | +3.5% |
| 1997 | 12.4% | +10.7% |
| 1998 | 12.8% | +2.9% |
| 1999 | 14.1% | +10.3% |
| 2000 | 15.8% | +11.9% |
| 2001 | 17.9% | +13.2% |
| 2002 | 20.7% | +16.0% |
| 2003 | 23.1% | +11.4% |
| 2004 | 22.1% | -4.2% |
| 2005 | 19.5% | -11.8% |
| 2006 | 18.0% | -7.9% |
| 2007 | 18.7% | +3.8% |
| 2008 | 19.6% | +5.1% |
| 2009 | 21.2% | +8.1% |
| 2010 | 18.9% | -10.9% |
| 2011 | 19.1% | +0.8% |
| 2012 | 19.6% | +3.1% |
| 2013 | 19.8% | +0.9% |
| 2014 | 19.7% | -0.5% |
| 2015 | 19.7% | -0.1% |
| 2016 | 23.6% | +19.9% |
| 2017 | 19.7% | -16.4% |
| 2018 | 17.8% | -10.0% |
| 2019 | 18.7% | +5.2% |
| 2020 | 22.8% | +22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.4% | 6.0% | 8.7% | 10 |
| 1990s | 11.3% | 8.9% | 14.1% | 10 |
| 2000s | 19.7% | 15.8% | 23.1% | 10 |
| 2010s | 19.7% | 17.8% | 23.6% | 10 |
| 2020s | 22.8% | 22.8% | 22.8% | 1 |
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 credit to government and state-owned enterprises to gdp in India?
- Credit to government and state-owned enterprises to gdp in India was 22.8% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in India?
- The highest recorded value was 23.6% in 2016.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in India?
- The lowest recorded value was 6.0% in 1982.
- How does India rank for credit to government and state-owned enterprises to gdp?
- India ranks 35th out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in India?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).