Monetary Sector credit to private sector in India
India: Monetary Sector credit to private sector was 44.0% in 2025. ▲ Rising
Monetary Sector credit to private sector in India, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
India recorded 44.0% for monetary sector credit to private sector in 2025.
That represents a change of up 5.8% on the previous year and down 15.1% over ten years.
Over the whole period, monetary sector credit to private sector in India peaked at 52.4% in 2013 and was at its lowest, 7.8%, in 1960.
That places India 85th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Monetary Sector credit to private sector in India, year by year
| Year | % 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
- 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 monetary sector credit to private sector in India?
- Monetary sector 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 monetary sector credit to private sector recorded in India?
- The highest recorded value was 52.4% in 2013.
- What is the lowest monetary sector credit to private sector recorded in India?
- The lowest recorded value was 7.8% in 1960.
- How does India rank for monetary sector credit to private sector?
- India ranks 85th out of 186 countries with data for 2025.
- Is monetary sector 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 Monetary Sector credit to private sector (% 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, 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. 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.