Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in India
India: Household Sector Loan Accounts with Commercial Banks per 1,000 Adults was 357.24 in 2024. ◆ Volatile
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in India, 2004–2024
Source: International Monetary Fund.
Analysis
India recorded 357.24 for household sector loan accounts with commercial banks per 1,000 adults in 2024. That is the highest value across all 21 years on record.
That represents a change of up 10.6% on the previous year and up 144.3% over ten years.
Over the whole period, household sector loan accounts with commercial banks per 1,000 adults in India peaked at 357.24 in 2024 and was at its lowest, 5.62, in 2004.
That places India 45th out of 98 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in India, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 5.62 | — |
| 2005 | 7.44 | +32.4% |
| 2006 | 9.9 | +33.1% |
| 2007 | 11.79 | +19.1% |
| 2008 | 14.13 | +19.8% |
| 2009 | 15.75 | +11.5% |
| 2010 | 17.4 | +10.4% |
| 2011 | 20.09 | +15.4% |
| 2012 | 22.92 | +14.1% |
| 2013 | 137.59 | +500.3% |
| 2014 | 146.21 | +6.3% |
| 2015 | 148.82 | +1.8% |
| 2016 | 164.64 | +10.6% |
| 2017 | 171.02 | +3.9% |
| 2018 | 189.14 | +10.6% |
| 2019 | 221.03 | +16.9% |
| 2020 | 255.25 | +15.5% |
| 2021 | 275.06 | +7.8% |
| 2022 | 291.81 | +6.1% |
| 2023 | 322.97 | +10.7% |
| 2024 | 357.24 | +10.6% |
India compared with similar countries
- India's 357.24 is above the median for lower middle income countries, which is 57.8, 6.2× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Household Sector Loan Accounts with Commercial Banks per 1,000 Adults in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +500.3% | 22.92 | 137.59 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.77 | 5.62 | 15.75 | 6 |
| 2010s | 123.89 | 17.4 | 221.03 | 10 |
| 2020s | 300.47 | 255.25 | 357.24 | 5 |
Countries ranked near India
More financial sector data for India
- Net domestic credit (current LCU), per capita 213,661 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 79.06 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.56 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 990.63 million SDR (2025)
- Gold reserves at market value 90.27 billion SDR (2025)
- Reserves excluding gold, foreign exchange 403.72 billion SDR (2025)
- Reserves excluding gold 420.92 billion SDR (2025)
- Total reserves (gold at market value) 511.19 billion SDR (2025)
- Total reserves (gold at national valuation) 502.16 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 343.04 SDR per person (2025)
Frequently asked questions
- What is household sector loan accounts with commercial banks per 1,000 adults in India?
- Household sector loan accounts with commercial banks per 1,000 adults in India was 357.24 in 2024, according to International Monetary Fund.
- What is the highest household sector loan accounts with commercial banks per 1,000 adults recorded in India?
- The highest recorded value was 357.24 in 2024.
- What is the lowest household sector loan accounts with commercial banks per 1,000 adults recorded in India?
- The lowest recorded value was 5.62 in 2004.
- How does India rank for household sector loan accounts with commercial banks per 1,000 adults?
- India ranks 45th out of 98 countries with data for 2024.
- Is household sector loan accounts with commercial banks per 1,000 adults rising or falling in India?
- Over the last ten years it is up 144.3%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Household Sector Loan Accounts with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.