Services, Credit/Revenue in India
India: Services, Credit/Revenue was 374.88 billion in 2024. ▲ Rising
Services, Credit/Revenue in India, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, credit/revenue in India stood at 374.88 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 11.1% on the previous year and up 138.5% over ten years.
Over the whole period, services, credit/revenue in India peaked at 374.88 billion in 2024 and was at its lowest, 52.18 billion, in 2005.
That places India 8th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 81.42 billion | 52.18 billion | 106.05 billion | 5 |
| 2010s | 163.06 billion | 117.07 billion | 214.76 billion | 10 |
| 2020s | 293.12 billion | 203.15 billion | 374.88 billion | 5 |
Countries ranked near India
More financial sector data for India
- Domestic credit to private sector by banks 44.0% (2025)
- Total reserves in months of imports 7.88 (2025)
- Net domestic credit 312.77 trillion current LCU (2025)
- Net foreign assets 66.95 trillion current LCU (2025)
- Monetary Sector credit to private sector 44.0% (2025)
- Broad money 82.1% (2021)
- Claims on central government, etc. 20.0% (2025)
- Domestic credit to private sector 44.0% (2025)
- Official exchange rate 87.16 LCU per US$, period average (2025)
- Net migration -495,753 (2025)
Frequently asked questions
- What is services, credit/revenue in India?
- Services, credit/revenue in India was 374.88 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in India?
- The highest recorded value was 374.88 billion in 2024.
- What is the lowest services, credit/revenue recorded in India?
- The lowest recorded value was 52.18 billion in 2005.
- How does India rank for services, credit/revenue?
- India ranks 8th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in India?
- Over the last ten years it is up 138.5%. 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 Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.