Deposit money banks'' assets to GDP in India

India: Deposit money banks'' assets to GDP was 72.4% in 2021. ◆ Volatile

Latest (2021)
72.4%
Change on year
down 9.1%
World rank
73rd
of 187 countries
All-time high
79.7%
in 2020
All-time low
11.5%
in 1964
Years of data
62
1960–2021

Deposit money banks'' assets to GDP in India, 1960–2021

20406080196019902021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for deposit money banks'' assets to gdp in India is 72.4%, measured in 2021.

Compared with earlier readings it is down 9.1% on the previous year and up 0.1% over ten years.

Over the whole period, deposit money banks'' assets to gdp in India peaked at 79.7% in 2020 and was at its lowest, 11.5%, in 1964.

That places India 73rd out of 187 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Deposit money banks'' assets to GDP in India, year by year

Annual values for Deposit money banks'' assets to GDP (%) in India, 1960 to 2021.
Year % Change
1960 11.6%
1961 11.8% +1.4%
1962 12.4% +5.2%
1963 12.3% -0.4%
1964 11.5% -6.6%
1965 12.3% +7.0%
1966 12.6% +2.2%
1967 11.9% -5.5%
1968 12.8% +7.1%
1969 13.3% +4.5%
1970 14.2% +6.7%
1971 15.9% +11.7%
1972 16.9% +6.7%
1973 16.7% -1.2%
1974 16.5% -1.2%
1975 18.7% +13.4%
1976 22.3% +18.7%
1977 22.8% +2.7%
1978 25.3% +10.8%
1979 27.2% +7.3%
1980 26.8% -1.2%
1981 27.2% +1.5%
1982 28.6% +5.0%
1983 29.5% +3.1%
1984 31.8% +7.7%
1985 31.4% -1.2%
1986 33.5% +6.7%
1987 33.9% +1.2%
1988 33.8% -0.3%
1989 35.2% +4.0%
1990 33.7% -4.0%
1991 33.1% -1.8%
1992 34.7% +4.7%
1993 34.4% -1.0%
1994 35.6% +3.5%
1995 33.2% -6.6%
1996 34.5% +3.8%
1997 35.8% +3.9%
1998 36.3% +1.3%
1999 39.3% +8.4%
2000 43.9% +11.6%
2001 46.3% +5.3%
2002 52.8% +14.1%
2003 54.4% +3.1%
2004 58.0% +6.6%
2005 61.6% +6.2%
2006 64.2% +4.2%
2007 67.0% +4.4%
2008 70.2% +4.7%
2009 74.2% +5.7%
2010 73.1% -1.5%
2011 72.4% -1.0%
2012 73.9% +2.1%
2013 74.5% +0.8%
2014 73.0% -2.0%
2015 73.6% +0.7%
2016 74.6% +1.4%
2017 70.4% -5.6%
2018 68.9% -2.2%
2019 71.0% +3.0%
2020 79.7% +12.3%
2021 72.4% -9.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 12.2% 11.5% 13.3% 10
1970s 19.7% 14.2% 27.2% 10
1980s 31.2% 26.8% 35.2% 10
1990s 35.1% 33.1% 39.3% 10
2000s 59.2% 43.9% 74.2% 10
2010s 72.5% 68.9% 74.6% 10
2020s 76.0% 72.4% 79.7% 2

Countries ranked near India

  1. 70 United States of America 74.2% compare
  2. 71 Greece 73.1% compare
  3. 72 Algeria 72.4% compare
  4. 74 Costa Rica 71.6% compare
  5. 75 Jamaica 71.5% compare
  6. 76 Maldives 71.2% compare

See the full ranking of 187 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is deposit money banks'' assets to gdp in India?
Deposit money banks'' assets to gdp in India was 72.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest deposit money banks'' assets to gdp recorded in India?
The highest recorded value was 79.7% in 2020.
What is the lowest deposit money banks'' assets to gdp recorded in India?
The lowest recorded value was 11.5% in 1964.
How does India rank for deposit money banks'' assets to gdp?
India ranks 73rd out of 187 countries with data for 2021.
Is deposit money banks'' assets to gdp rising or falling in India?
Over the last ten years it is up 0.1%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.

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Deposit money banks'' assets to GDP in India. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 07 September 2026, from https://financial-sector.statizoid.com/stat/deposit-money-banks-assets-to-gdp-percent/india/

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About this data

Indicator
Deposit money banks'' assets to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,670 data points, 1960–2021
Last refreshed

Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).