Domestic credit to private sector in India
India: Domestic credit to private sector was 44.0% in 2025. ▲ Rising
Domestic credit to private sector in India, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in India is 44.0%, measured in 2025.
The figure is up 5.8% on the previous year and down 15.1% over ten years.
Over the whole period, domestic credit to private sector in India peaked at 52.4% in 2013 and was at its lowest, 7.8%, in 1960.
India ranks 90th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Domestic credit to private sector in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 7.8% | — |
| 1961 | 8.5% | +8.6% |
| 1962 | 9.0% | +5.5% |
| 1963 | 9.1% | +1.4% |
| 1964 | 8.5% | -6.3% |
| 1965 | 9.3% | +8.6% |
| 1966 | 9.5% | +2.6% |
| 1967 | 9.1% | -4.2% |
| 1968 | 9.8% | +7.7% |
| 1969 | 10.4% | +5.9% |
| 1970 | 11.2% | +8.0% |
| 1971 | 12.5% | +11.2% |
| 1972 | 12.9% | +3.4% |
| 1973 | 13.1% | +1.3% |
| 1974 | 12.9% | -1.4% |
| 1975 | 14.9% | +15.6% |
| 1976 | 17.9% | +19.8% |
| 1977 | 18.0% | +0.9% |
| 1978 | 19.7% | +9.2% |
| 1979 | 21.0% | +6.4% |
| 1980 | 20.5% | -2.0% |
| 1981 | 21.2% | +3.3% |
| 1982 | 22.7% | +6.9% |
| 1983 | 22.9% | +0.9% |
| 1984 | 24.3% | +6.1% |
| 1985 | 24.6% | +1.2% |
| 1986 | 25.8% | +5.0% |
| 1987 | 25.4% | -1.6% |
| 1988 | 25.3% | -0.4% |
| 1989 | 26.6% | +5.2% |
| 1990 | 24.9% | -6.3% |
| 1991 | 23.8% | -4.4% |
| 1992 | 24.7% | +3.7% |
| 1993 | 23.8% | -3.5% |
| 1994 | 23.6% | -0.8% |
| 1995 | 22.5% | -4.8% |
| 1996 | 23.4% | +4.0% |
| 1997 | 23.6% | +0.7% |
| 1998 | 23.7% | +0.5% |
| 1999 | 25.4% | +7.4% |
| 2000 | 28.3% | +11.5% |
| 2001 | 28.6% | +1.0% |
| 2002 | 32.3% | +12.9% |
| 2003 | 31.6% | -2.1% |
| 2004 | 36.2% | +14.4% |
| 2005 | 40.1% | +10.7% |
| 2006 | 43.6% | +8.9% |
| 2007 | 45.6% | +4.6% |
| 2008 | 49.6% | +8.6% |
| 2009 | 48.1% | -2.9% |
| 2010 | 50.6% | +5.1% |
| 2011 | 51.3% | +1.5% |
| 2012 | 51.9% | +1.2% |
| 2013 | 52.4% | +1.0% |
| 2014 | 51.9% | -1.0% |
| 2015 | 51.9% | -0.0% |
| 2016 | 38.2% | -26.3% |
| 2017 | 38.2% | -0.1% |
| 2018 | 38.9% | +1.9% |
| 2019 | 38.7% | -0.4% |
| 2020 | 40.8% | +5.3% |
| 2021 | 36.9% | -9.5% |
| 2022 | 38.2% | +3.5% |
| 2023 | 40.9% | +7.1% |
| 2024 | 41.6% | +1.7% |
| 2025 | 44.0% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.1% | 7.8% | 10.4% | 10 |
| 1970s | 15.4% | 11.2% | 21.0% | 10 |
| 1980s | 23.9% | 20.5% | 26.6% | 10 |
| 1990s | 23.9% | 22.5% | 25.4% | 10 |
| 2000s | 38.4% | 28.3% | 49.6% | 10 |
| 2010s | 46.4% | 38.2% | 52.4% | 10 |
| 2020s | 40.4% | 36.9% | 44.0% | 6 |
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 domestic credit to private sector in India?
- Domestic credit to private sector in India was 44.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in India?
- The highest recorded value was 52.4% in 2013.
- What is the lowest domestic credit to private sector recorded in India?
- The lowest recorded value was 7.8% in 1960.
- How does India rank for domestic credit to private sector?
- India ranks 90th out of 187 countries with data for 2025.
- Is domestic credit to private sector rising or falling in India?
- Over the last ten years it is down 15.1%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.