India: Bank credit to government

* indicates monthly or quarterly data series
 India

Bank credit to government and public enterprises, percent of GDP

 Latest value 22.79
 Year 2020
 Measure percent
 Data availability 1980 - 2020
 Average 14.69
 Min - Max 6.01 - 23.60
 Source The International Monetary Fund
 Available for Data download
The latest value from 2020 is 22.79 percent, an increase from 18.68 percent in 2019. In comparison, the world average is 14.91 percent, based on data from 147 countries. Historically, the average for India from 1980 to 2020 is 14.69 percent. The minimum value, 6.01 percent, was reached in 1982 while the maximum of 23.6 percent was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values India: Bank credit to government
 2020 22.79
 2019 18.68
 2018 17.76
 2017 19.72
 2016 23.60
 2015 19.68
 2014 19.71
 2013 19.82




Definition: Bank credit is the amount of credit available to the government sector. It consists of the total amount of combined funds that are provided to the government by the bank sector.

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