Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in India
India: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 97.70 trillion in 2024. ◆ Volatile
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in India, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding loans, commercial banks, of which: household sector loans in India is 97.70 trillion, measured in 2024. That is the highest value across all 21 years on record.
That represents a change of up 23.3% on the previous year and up 264.8% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in India peaked at 97.70 trillion in 2024 and was at its lowest, 2.57 trillion, in 2004.
That places India 8th out of 134 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in India, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 2.57 trillion | — |
| 2005 | 3.56 trillion | +38.5% |
| 2006 | 4.83 trillion | +35.9% |
| 2007 | 6.52 trillion | +35.0% |
| 2008 | 7.53 trillion | +15.4% |
| 2009 | 7.81 trillion | +3.7% |
| 2010 | 9.44 trillion | +20.9% |
| 2011 | 12.88 trillion | +36.4% |
| 2012 | 16.08 trillion | +24.9% |
| 2013 | 24.64 trillion | +53.2% |
| 2014 | 26.79 trillion | +8.7% |
| 2015 | 28.72 trillion | +7.2% |
| 2016 | 32.60 trillion | +13.5% |
| 2017 | 36.66 trillion | +12.4% |
| 2018 | 42.36 trillion | +15.6% |
| 2019 | 48.34 trillion | +14.1% |
| 2020 | 53.59 trillion | +10.9% |
| 2021 | 59.50 trillion | +11.0% |
| 2022 | 67.30 trillion | +13.1% |
| 2023 | 79.21 trillion | +17.7% |
| 2024 | 97.70 trillion | +23.3% |
India compared with similar countries
- India's 97.70 trillion is above the median for lower middle income countries, which is 472.36 billion, 206.8× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.47 trillion | 2.57 trillion | 7.81 trillion | 6 |
| 2010s | 27.85 trillion | 9.44 trillion | 48.34 trillion | 10 |
| 2020s | 71.46 trillion | 53.59 trillion | 97.70 trillion | 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 outstanding loans, commercial banks, of which: household sector loans in India?
- Outstanding loans, commercial banks, of which: household sector loans in India was 97.70 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in India?
- The highest recorded value was 97.70 trillion in 2024.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in India?
- The lowest recorded value was 2.57 trillion in 2004.
- How does India rank for outstanding loans, commercial banks, of which: household sector loans?
- India ranks 8th out of 134 countries with data for 2024.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in India?
- Over the last ten years it is up 264.8%. 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 Loans, Commercial Banks, of Which: Household Sector Loans. 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.