Number of Household Sector Deposit Accounts with Commercial Banks per in India
India: Number of Household Sector Deposit Accounts with Commercial Banks per was 2,378 in 2024. ▲ Rising
Number of Household Sector Deposit Accounts with Commercial Banks per in India, 2004–2024
Source: International Monetary Fund.
Analysis
India recorded 2,378 for number of household sector deposit accounts with commercial banks per in 2024. That is the highest value across all 21 years on record.
That represents a change of up 3.6% on the previous year and up 97.5% over ten years.
Over the whole period, number of household sector deposit accounts with commercial banks per in India peaked at 2,378 in 2024 and was at its lowest, 577.73, in 2005.
That places India 27th out of 92 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Number of Household Sector Deposit Accounts with Commercial Banks per in India, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 586.29 | — |
| 2005 | 577.73 | -1.5% |
| 2006 | 577.88 | +0.0% |
| 2007 | 586.23 | +1.4% |
| 2008 | 659.63 | +12.5% |
| 2009 | 721.12 | +9.3% |
| 2010 | 750.28 | +4.0% |
| 2011 | 831.75 | +10.9% |
| 2012 | 869.06 | +4.5% |
| 2013 | 1,000 | +15.1% |
| 2014 | 1,204 | +20.4% |
| 2015 | 1,373 | +14.0% |
| 2016 | 1,547 | +12.6% |
| 2017 | 1,714 | +10.9% |
| 2018 | 1,779 | +3.8% |
| 2019 | 1,897 | +6.6% |
| 2020 | 1,956 | +3.1% |
| 2021 | 1,971 | +0.8% |
| 2022 | 2,073 | +5.2% |
| 2023 | 2,296 | +10.8% |
| 2024 | 2,378 | +3.6% |
India compared with similar countries
- India's 2,378 is above the median for lower middle income countries, which is 831.94, 2.9× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 618.15 | 577.73 | 721.12 | 6 |
| 2010s | 1,297 | 750.28 | 1,897 | 10 |
| 2020s | 2,135 | 1,956 | 2,378 | 5 |
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 number of household sector deposit accounts with commercial banks per in India?
- Number of household sector deposit accounts with commercial banks per in India was 2,378 in 2024, according to International Monetary Fund.
- What is the highest number of household sector deposit accounts with commercial banks per recorded in India?
- The highest recorded value was 2,378 in 2024.
- What is the lowest number of household sector deposit accounts with commercial banks per recorded in India?
- The lowest recorded value was 577.73 in 2005.
- How does India rank for number of household sector deposit accounts with commercial banks per?
- India ranks 27th out of 92 countries with data for 2024.
- Is number of household sector deposit accounts with commercial banks per rising or falling in India?
- Over the last ten years it is up 97.5%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Deposit 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.