Outstanding Deposits, Commercial Banks, of Which: Household Sector in India
India: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 132.02 trillion in 2024. ◆ Volatile
Outstanding Deposits, Commercial Banks, of Which: Household Sector in India, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, outstanding deposits, commercial banks, of which: household sector in India stood at 132.02 trillion. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 12.0% on the previous year and up 204.4% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in India peaked at 132.02 trillion in 2024 and was at its lowest, 10.35 trillion, in 2004.
India ranks 5th of 127 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in India, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 10.35 trillion | — |
| 2005 | 11.23 trillion | +8.5% |
| 2006 | 12.31 trillion | +9.6% |
| 2007 | 13.59 trillion | +10.4% |
| 2008 | 16.88 trillion | +24.2% |
| 2009 | 20.98 trillion | +24.3% |
| 2010 | 23.56 trillion | +12.3% |
| 2011 | 28.05 trillion | +19.1% |
| 2012 | 30.78 trillion | +9.7% |
| 2013 | 35.31 trillion | +14.7% |
| 2014 | 43.37 trillion | +22.8% |
| 2015 | 50.60 trillion | +16.7% |
| 2016 | 56.35 trillion | +11.4% |
| 2017 | 65.52 trillion | +16.3% |
| 2018 | 70.25 trillion | +7.2% |
| 2019 | 81.51 trillion | +16.0% |
| 2020 | 89.10 trillion | +9.3% |
| 2021 | 100.61 trillion | +12.9% |
| 2022 | 108.19 trillion | +7.5% |
| 2023 | 117.92 trillion | +9.0% |
| 2024 | 132.02 trillion | +12.0% |
India compared with similar countries
- India's 132.02 trillion is above the median for lower middle income countries, which is 743.54 billion, 177.6× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.23 trillion | 10.35 trillion | 20.98 trillion | 6 |
| 2010s | 48.53 trillion | 23.56 trillion | 81.51 trillion | 10 |
| 2020s | 109.57 trillion | 89.10 trillion | 132.02 trillion | 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 outstanding deposits, commercial banks, of which: household sector in India?
- Outstanding deposits, commercial banks, of which: household sector in India was 132.02 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in India?
- The highest recorded value was 132.02 trillion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in India?
- The lowest recorded value was 10.35 trillion in 2004.
- How does India rank for outstanding deposits, commercial banks, of which: household sector?
- India ranks 5th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in India?
- Over the last ten years it is up 204.4%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. 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.